


Technical Sentiment Analysis for GraniteShares 2x Long IONQ Daily ETF (IONL). As of 2026-03-11, GraniteShares 2x Long IONQ Daily ETF (IONL) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 0 indicators are flashing buy, while 10 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for IONL stands at 39.76, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -2.28, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 34.38 and the Commodity Channel Index (CCI) at -27.36 further confirm a -0.11 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, IONL is trading below its 60-day moving average of $28.43 and below its 200-day long-term moving average of $49.66. Key price levels to watch include the immediate resistance at $23.02 and strong support at $14.56. A break above $23.02 could signal a bull continuation, while falling below $14.56 may test the next Fibonacci floor at $10.66.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 6.09 | 10.66 | 14.56 | 19.13 | 23.02 | 27.59 | 31.48 |
| Fibonacci | 10.66 | 13.9 | 15.89 | 19.13 | 22.36 | 24.36 | 27.59 |
2026-03-11
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 39.76 |
| Stochastic Oscillator | 34.38 |
| Stochastic RSI | 38.21 |
| Commodity Channel Index (CCI) | -27.36 |
| Awesome Oscillator | -3.56 |
| Momentum | -0.11 |
| MACD | -2.28 |
2026-03-11
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 16.91 | Sell |
| 10-Day | 18.45 | Sell |
| 20-Day | 16.87 | Sell |
| 60-Day | 28.43 | Sell |
| 200-Day | 49.66 | Sell |
| 250-Day | 45.67 | Sell |