


Technical Sentiment Analysis for GraniteShares 2x Long IONQ Daily ETF (IONL). As of 2026-07-07, GraniteShares 2x Long IONQ Daily ETF (IONL) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 4 indicators are flashing buy, while 10 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for IONL stands at 36.05, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -3.51, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 5.31 and the Commodity Channel Index (CCI) at -159.39 further confirm a -13.92 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, IONL is trading below its 60-day moving average of $30.55 and below its 200-day long-term moving average of $41.39. Key price levels to watch include the immediate resistance at $35.27 and strong support at $16.74. A break above $35.27 could signal a bull continuation, while falling below $16.74 may test the next Fibonacci floor at $8.18.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | -1.79 | 8.18 | 16.74 | 26.71 | 35.27 | 45.24 | 53.8 |
| Fibonacci | 8.18 | 15.26 | 19.63 | 26.71 | 33.79 | 38.16 | 45.24 |
2026-07-07
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 36.05 |
| Stochastic Oscillator | 5.31 |
| Stochastic RSI | 9.55 |
| Commodity Channel Index (CCI) | -159.39 |
| Awesome Oscillator | -10.25 |
| Momentum | -13.92 |
| MACD | -3.51 |
2026-07-07
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 23.43 | Sell |
| 10-Day | 25.31 | Sell |
| 20-Day | 29.28 | Sell |
| 60-Day | 30.55 | Sell |
| 200-Day | 41.39 | Sell |
| 250-Day | 42.47 | Sell |