


Technical Sentiment Analysis for GraniteShares 2x Long COIN Daily ETF (CONL). As of 2026-05-07, GraniteShares 2x Long COIN Daily ETF (CONL) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 3 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 49.11, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.06, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 43.83 and the Commodity Channel Index (CCI) at -8.6 further confirm a -0.52 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, CONL is trading below its 60-day moving average of $8.1 and below its 200-day long-term moving average of $22.24. Key price levels to watch include the immediate resistance at $9.59 and strong support at $6.99. A break above $9.59 could signal a bull continuation, while falling below $6.99 may test the next Fibonacci floor at $5.67.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 4.39 | 5.67 | 6.99 | 8.27 | 9.59 | 10.87 | 12.19 |
| Fibonacci | 5.67 | 6.66 | 7.27 | 8.27 | 9.26 | 9.87 | 10.87 |
2026-05-07
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 49.11 |
| Stochastic Oscillator | 43.83 |
| Stochastic RSI | 46.52 |
| Commodity Channel Index (CCI) | -8.6 |
| Awesome Oscillator | 0.57 |
| Momentum | -0.52 |
| MACD | 0.06 |
2026-05-07
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 8.48 | Sell |
| 10-Day | 8.32 | Sell |
| 20-Day | 8.42 | Sell |
| 60-Day | 8.1 | Buy |
| 200-Day | 22.24 | Sell |
| 250-Day | 25.2 | Sell |