


Technical Sentiment Analysis for GraniteShares 2x Long COIN Daily ETF (CONL). As of 2026-05-27, GraniteShares 2x Long COIN Daily ETF (CONL) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 4 indicators are flashing buy, while 10 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for CONL stands at 38.49, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.35, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 1.07 and the Commodity Channel Index (CCI) at -169.07 further confirm a -2.93 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, CONL is trading below its 60-day moving average of $8.34 and below its 200-day long-term moving average of $19.87. Key price levels to watch include the immediate resistance at $10.15 and strong support at $5.95. A break above $10.15 could signal a bull continuation, while falling below $5.95 may test the next Fibonacci floor at $4.06.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.75 | 4.06 | 5.95 | 8.26 | 10.15 | 12.46 | 14.35 |
| Fibonacci | 4.06 | 5.67 | 6.66 | 8.26 | 9.87 | 10.86 | 12.46 |
2026-05-27
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 38.49 |
| Stochastic Oscillator | 1.07 |
| Stochastic RSI | 7.61 |
| Commodity Channel Index (CCI) | -169.07 |
| Awesome Oscillator | -0.82 |
| Momentum | -2.93 |
| MACD | -0.35 |
2026-05-27
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 7.24 | Sell |
| 10-Day | 7.84 | Sell |
| 20-Day | 8.2 | Sell |
| 60-Day | 8.34 | Sell |
| 200-Day | 19.87 | Sell |
| 250-Day | 24.26 | Sell |