


Technical Sentiment Analysis for GraniteShares 2x Long RIVN Daily ETF (RVNL). As of 2026-06-12, GraniteShares 2x Long RIVN Daily ETF (RVNL) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 8 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for RVNL stands at 53.75, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.66, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 28.47 and the Commodity Channel Index (CCI) at 29.64 further confirm a 0.4 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, RVNL is trading below its 60-day moving average of $29.51 and below its 200-day long-term moving average of $35.69. Key price levels to watch include the immediate resistance at $40.3 and strong support at $24.15. A break above $40.3 could signal a bull continuation, while falling below $24.15 may test the next Fibonacci floor at $16.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 8 | 16 | 24.15 | 32.15 | 40.3 | 48.3 | 56.45 |
| Fibonacci | 16 | 22.17 | 25.98 | 32.15 | 38.32 | 42.13 | 48.3 |
2026-06-12
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 53.75 |
| Stochastic Oscillator | 28.47 |
| Stochastic RSI | 32.09 |
| Commodity Channel Index (CCI) | 29.64 |
| Awesome Oscillator | 1.26 |
| Momentum | 0.4 |
| MACD | 0.66 |
2026-06-12
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 29.11 | Sell |
| 10-Day | 32.3 | Sell |
| 20-Day | 28.35 | Buy |
| 60-Day | 29.51 | Sell |
| 200-Day | 35.69 | Sell |
| 250-Day | 34.85 | Sell |