


Technical Sentiment Analysis for GraniteShares 2x Long COIN Daily ETF (CONL). As of 2026-06-17, GraniteShares 2x Long COIN Daily ETF (CONL) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 3 indicators are flashing buy, while 7 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for CONL stands at 45.01, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.65, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 42.79 and the Commodity Channel Index (CCI) at -27.29 further confirm a 0.36 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, CONL is trading below its 60-day moving average of $7.41 and below its 200-day long-term moving average of $17.79. Key price levels to watch include the immediate resistance at $6.19 and strong support at $4.51. A break above $6.19 could signal a bull continuation, while falling below $4.51 may test the next Fibonacci floor at $3.66.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 2.83 | 3.66 | 4.51 | 5.34 | 6.19 | 7.02 | 7.87 |
| Fibonacci | 3.66 | 4.3 | 4.69 | 5.34 | 5.98 | 6.37 | 7.02 |
2026-06-17
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 45.01 |
| Stochastic Oscillator | 42.79 |
| Stochastic RSI | 35.74 |
| Commodity Channel Index (CCI) | -27.29 |
| Awesome Oscillator | -1.54 |
| Momentum | 0.36 |
| MACD | -0.65 |
2026-06-17
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 5.61 | Buy |
| 10-Day | 5.37 | Buy |
| 20-Day | 6.16 | Sell |
| 60-Day | 7.41 | Sell |
| 200-Day | 17.79 | Sell |
| 250-Day | 23.07 | Sell |