Meyka Pro banner
GraniteShares 2x Long COIN Daily ETF

CONL Technical Analysis Summary (NASDAQ)

Analyze CONL on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

CONLNASDAQ
Financial ServicesAsset Management - Leveraged
$6.27
$1.18(23.18%)
U.S. Market opens in 11h 41m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CONL Technical Analysis Summary (NASDAQ)

GraniteShares 2x Long COIN Daily ETF (NASDAQ: CONL) stock currently shows a bullish trend on the NASDAQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 56.13)
Trend Strength:Moderate (ADX: 22.09)
Volatility:High (ATR: 0.77)
Support/Resistance:$4.65 – $6.80 (Bollinger Bands)

Technical conditions suggest GraniteShares 2x Long COIN Daily ETF on the NASDAQ is awaiting a decisive move. This mix signals that GraniteShares 2x Long COIN Daily ETF is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 56.13

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 40.38

Neutral
Mid-range signal with no clear trend.

Williams %R: -17.69

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 11.06

Strongly Bullish
Strong upside momentum.

Takeaway:GraniteShares 2x Long COIN Daily ETF shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.10

Bullish
Bullish, trend momentum is strengthening.

ADX: 22.09

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.77

Low
Low volatility, stable price action.

CCI (14): 72.78

Bullish
Bullish, momentum building upward.

Takeaway:GraniteShares 2x Long COIN Daily ETF shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$6.80
Middle Band (SMA 20)
$5.73
Lower Band
$4.65
Current Position
Within Bands

Takeaway:GraniteShares 2x Long COIN Daily ETF trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$6.98
Middle Line (EMA 20)
$5.44
Lower Channel
$3.91
Squeeze Status
Squeeze On

Takeaway:GraniteShares 2x Long COIN Daily ETF trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume187.99M
Money Flow Index56.34Neutral, balanced money flows with no clear signal.
Relative Vigor Index52.78Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:CONL shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of GraniteShares 2x Long COIN Daily ETF (NASDAQ: CONL), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for GraniteShares 2x Long COIN Daily ETF are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: CONL) Technical Analysis FAQ