


Technical Sentiment Analysis for GraniteShares 2x Long META Daily ETF (FBL). As of 2026-05-01, GraniteShares 2x Long META Daily ETF (FBL) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 4 indicators are flashing buy, while 8 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for FBL stands at 39.03, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.35, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 28.84 and the Commodity Channel Index (CCI) at -90.01 further confirm a -7.56 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, FBL is trading below its 60-day moving average of $28.66 and below its 200-day long-term moving average of $35.64. Key price levels to watch include the immediate resistance at $33.38 and strong support at $25.56. A break above $33.38 could signal a bull continuation, while falling below $25.56 may test the next Fibonacci floor at $21.13.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 17.75 | 21.13 | 25.56 | 28.94 | 33.38 | 36.76 | 41.19 |
| Fibonacci | 21.13 | 24.11 | 25.96 | 28.94 | 31.93 | 33.77 | 36.76 |
2026-05-01
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 39.03 |
| Stochastic Oscillator | 28.84 |
| Stochastic RSI | 49.6 |
| Commodity Channel Index (CCI) | -90.01 |
| Awesome Oscillator | 1.79 |
| Momentum | -7.56 |
| MACD | 0.35 |
2026-05-01
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 28.96 | Sell |
| 10-Day | 29.99 | Sell |
| 20-Day | 29.09 | Sell |
| 60-Day | 28.66 | Sell |
| 200-Day | 35.64 | Sell |
| 250-Day | 36.31 | Sell |