IONL

Technical Sentiment Analysis for GraniteShares 2x Long IONQ Daily ETF (IONL). As of 2026-07-02, GraniteShares 2x Long IONQ Daily ETF (IONL) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 3 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 39.55, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -2.9, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 15.34 and the Commodity Channel Index (CCI) at -118.55 further confirm a -6.5 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, IONL is trading below its 60-day moving average of $30.2 and below its 200-day long-term moving average of $42.11. Key price levels to watch include the immediate resistance at $35.88 and strong support at $20.59. A break above $35.88 could signal a bull continuation, while falling below $20.59 may test the next Fibonacci floor at $13.62.