


Technical Sentiment Analysis for GraniteShares 2x Long RIVN Daily ETF (RVNL). As of 2026-07-07, GraniteShares 2x Long RIVN Daily ETF (RVNL) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 16 technical signals, shows that 3 indicators are flashing buy, while 13 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for RVNL stands at 47.09, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 1.45, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 66.35 and the Commodity Channel Index (CCI) at 3.17 further confirm a 2.27 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, RVNL is trading below its 60-day moving average of $29.73 and below its 200-day long-term moving average of $35.41. Key price levels to watch include the immediate resistance at $42.47 and strong support at $21.13. A break above $42.47 could signal a bull continuation, while falling below $21.13 may test the next Fibonacci floor at $11.42.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | -0.2 | 11.42 | 21.13 | 32.76 | 42.47 | 54.1 | 63.81 |
| Fibonacci | 11.42 | 19.57 | 24.61 | 32.76 | 40.91 | 45.95 | 54.1 |
2026-07-07
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 47.09 |
| Stochastic Oscillator | 66.35 |
| Stochastic RSI | 78.96 |
| Commodity Channel Index (CCI) | 3.17 |
| Awesome Oscillator | 6.1 |
| Momentum | 2.27 |
| MACD | 1.45 |
2026-07-07
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 35.18 | Sell |
| 10-Day | 30.85 | Sell |
| 20-Day | 30.02 | Sell |
| 60-Day | 29.73 | Sell |
| 200-Day | 35.41 | Sell |
| 250-Day | 34.6 | Sell |