


Technical Sentiment Analysis for Defiance Daily Target 2X Long CVNA ETF (CVNX). As of 2026-06-08, Defiance Daily Target 2X Long CVNA ETF (CVNX) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 4 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for CVNX stands at 47.33, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.8, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 41.87 and the Commodity Channel Index (CCI) at -14.74 further confirm a 0.34 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, CVNX is trading below its 60-day moving average of $14.81 and below its 200-day long-term moving average of $19.99. Key price levels to watch include the immediate resistance at $16.66 and strong support at $11.05. A break above $16.66 could signal a bull continuation, while falling below $11.05 may test the next Fibonacci floor at $8.11.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 5.43 | 8.11 | 11.05 | 13.72 | 16.66 | 19.34 | 22.28 |
| Fibonacci | 8.11 | 10.25 | 11.58 | 13.72 | 15.87 | 17.19 | 19.34 |
2026-06-08
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 47.33 |
| Stochastic Oscillator | 41.87 |
| Stochastic RSI | 32.52 |
| Commodity Channel Index (CCI) | -14.74 |
| Awesome Oscillator | -3.46 |
| Momentum | 0.34 |
| MACD | -0.8 |
2026-06-08
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 12.75 | Neutral |
| 10-Day | 13.99 | Neutral |
| 20-Day | 13.93 | Neutral |
| 60-Day | 14.81 | Neutral |
| 200-Day | 19.99 | Neutral |
| 250-Day | 20.25 | Neutral |