


Technical Sentiment Analysis for GraniteShares 2x Long RIVN Daily ETF (RVNL). As of 2026-04-16, GraniteShares 2x Long RIVN Daily ETF (RVNL) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 16 technical signals, shows that 10 indicators are flashing buy, while 6 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for RVNL stands at 60.89, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.27, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 88.36 and the Commodity Channel Index (CCI) at 167.73 further confirm a 7.23 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, RVNL is trading below its 60-day moving average of $31.38 and below its 200-day long-term moving average of $35.94. Key price levels to watch include the immediate resistance at $35.72 and strong support at $25.73. A break above $35.72 could signal a bull continuation, while falling below $25.73 may test the next Fibonacci floor at $20.87.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 15.74 | 20.87 | 25.73 | 30.86 | 35.72 | 40.85 | 45.71 |
| Fibonacci | 20.87 | 24.69 | 27.05 | 30.86 | 34.68 | 37.04 | 40.85 |
2026-04-16
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 60.89 |
| Stochastic Oscillator | 88.36 |
| Stochastic RSI | 77.95 |
| Commodity Channel Index (CCI) | 167.73 |
| Awesome Oscillator | 1.39 |
| Momentum | 7.23 |
| MACD | 0.27 |
2026-04-16
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 32.4 | Buy |
| 10-Day | 30.58 | Buy |
| 20-Day | 30.18 | Buy |
| 60-Day | 31.38 | Buy |
| 200-Day | 35.94 | Sell |
| 250-Day | 36.54 | Sell |