


Technical Sentiment Analysis for GraniteShares 2x Long COIN Daily ETF (CONL). As of 2026-07-07, GraniteShares 2x Long COIN Daily ETF (CONL) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 4 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 46.97, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.42, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 64.68 and the Commodity Channel Index (CCI) at 35.41 further confirm a -0.23 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, CONL is trading below its 60-day moving average of $7.01 and below its 200-day long-term moving average of $16.08. Key price levels to watch include the immediate resistance at $5.84 and strong support at $3.85. A break above $5.84 could signal a bull continuation, while falling below $3.85 may test the next Fibonacci floor at $2.87.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.86 | 2.87 | 3.85 | 4.86 | 5.84 | 6.86 | 7.84 |
| Fibonacci | 2.87 | 3.63 | 4.1 | 4.86 | 5.62 | 6.09 | 6.86 |
2026-07-07
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 46.97 |
| Stochastic Oscillator | 64.68 |
| Stochastic RSI | 56.17 |
| Commodity Channel Index (CCI) | 35.41 |
| Awesome Oscillator | -0.76 |
| Momentum | -0.23 |
| MACD | -0.42 |
2026-07-07
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 5.11 | Buy |
| 10-Day | 4.83 | Buy |
| 20-Day | 5.1 | Buy |
| 60-Day | 7.01 | Sell |
| 200-Day | 16.08 | Sell |
| 250-Day | 21.14 | Sell |