


Technical Sentiment Analysis for GraniteShares 2x Long COIN Daily ETF (CONL). As of 2026-04-16, GraniteShares 2x Long COIN Daily ETF (CONL) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 6 indicators are flashing buy, while 8 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for CONL stands at 58.59, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.23, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 89.16 and the Commodity Channel Index (CCI) at 86.76 further confirm a 2.12 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, CONL is trading below its 60-day moving average of $8.5 and below its 200-day long-term moving average of $25.66. Key price levels to watch include the immediate resistance at $8.89 and strong support at $5.89. A break above $8.89 could signal a bull continuation, while falling below $5.89 may test the next Fibonacci floor at $4.47.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 2.88 | 4.47 | 5.89 | 7.48 | 8.89 | 10.49 | 11.9 |
| Fibonacci | 4.47 | 5.62 | 6.33 | 7.48 | 8.63 | 9.34 | 10.49 |
2026-04-16
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 58.59 |
| Stochastic Oscillator | 89.16 |
| Stochastic RSI | 64.61 |
| Commodity Channel Index (CCI) | 86.76 |
| Awesome Oscillator | -0.79 |
| Momentum | 2.12 |
| MACD | -0.23 |
2026-04-16
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 7.74 | Buy |
| 10-Day | 7.3 | Buy |
| 20-Day | 7.49 | Buy |
| 60-Day | 8.5 | Buy |
| 200-Day | 25.66 | Sell |
| 250-Day | 25.72 | Sell |