


Technical Sentiment Analysis for GraniteShares 2x Long MRVL Daily ETF (MVLL). As of 2026-05-04, GraniteShares 2x Long MRVL Daily ETF (MVLL) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 9 indicators are flashing buy, while 2 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for MVLL stands at 72.33, which suggests a Sell condition. Meanwhile, the MACD (12, 26) indicator is at 10.05, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 81.54 and the Commodity Channel Index (CCI) at 88.19 further confirm a 11.23 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, MVLL is trading above its 60-day moving average of $32.18 and above its 200-day long-term moving average of $24.88. Key price levels to watch include the immediate resistance at $74.61 and strong support at $54.85. A break above $74.61 could signal a bull continuation, while falling below $54.85 may test the next Fibonacci floor at $44.69.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 35.09 | 44.69 | 54.85 | 64.45 | 74.61 | 84.21 | 94.37 |
| Fibonacci | 44.69 | 52.24 | 56.9 | 64.45 | 72 | 76.66 | 84.21 |
2026-05-04
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 72.33 |
| Stochastic Oscillator | 81.54 |
| Stochastic RSI | 76.36 |
| Commodity Channel Index (CCI) | 88.19 |
| Awesome Oscillator | 22.3 |
| Momentum | 11.23 |
| MACD | 10.05 |
2026-05-04
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 65.26 | Buy |
| 10-Day | 65.01 | Buy |
| 20-Day | 54.28 | Buy |
| 60-Day | 32.18 | Buy |
| 200-Day | 24.88 | Buy |
| 250-Day | 23.56 | Buy |