


Technical Sentiment Analysis for GraniteShares 2x Long RIVN Daily ETF (RVNL). As of 2026-05-04, GraniteShares 2x Long RIVN Daily ETF (RVNL) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 4 indicators are flashing buy, while 11 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for RVNL stands at 37.08, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.43, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 13.04 and the Commodity Channel Index (CCI) at -151.01 further confirm a -10.15 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, RVNL is trading below its 60-day moving average of $31.52 and below its 200-day long-term moving average of $36.05. Key price levels to watch include the immediate resistance at $40.41 and strong support at $25.3. A break above $40.41 could signal a bull continuation, while falling below $25.3 may test the next Fibonacci floor at $17.71.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 10.19 | 17.71 | 25.3 | 32.82 | 40.41 | 47.93 | 55.52 |
| Fibonacci | 17.71 | 23.48 | 27.05 | 32.82 | 38.59 | 42.16 | 47.93 |
2026-05-04
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 37.08 |
| Stochastic Oscillator | 13.04 |
| Stochastic RSI | 21.32 |
| Commodity Channel Index (CCI) | -151.01 |
| Awesome Oscillator | -1.13 |
| Momentum | -10.15 |
| MACD | -0.43 |
2026-05-04
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 29.96 | Sell |
| 10-Day | 32.89 | Sell |
| 20-Day | 32.4 | Sell |
| 60-Day | 31.52 | Sell |
| 200-Day | 36.05 | Sell |
| 250-Day | 36.51 | Sell |