Technical Analysis for MSFL - GraniteShares 2x Long MSFT Daily ETF
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Weak or Absent | N/A | Up | Up |
Date | Alert Name | Type | % Chg |
---|---|---|---|
20 DMA Support | Bullish | 0.53% | |
Crossed Above 50 DMA | Bullish | 0.53% | |
Expansion Pivot Buy Setup | Bullish Swing Setup | 0.53% | |
Crossed Above 20 DMA | Bullish | 1.59% | |
MACD Bullish Signal Line Cross | Bullish | 1.59% | |
Inside Day | Range Contraction | 1.59% | |
50 DMA Resistance | Bearish | 4.05% | |
Fell Below 20 DMA | Bearish | 4.05% | |
Fell Below 50 DMA | Bearish | 1.76% | |
Non-ADX 1,2,3,4 Bearish | Bearish Swing Setup | 1.76% |
Alert | Time |
---|---|
Possible Inside Day | about 2 hours ago |
20 DMA Support | about 4 hours ago |
Fell Below 50 DMA | about 4 hours ago |
Down 2 % | about 4 hours ago |
Down 1% | about 4 hours ago |
Free Daily (Stock) Chart Reading
GraniteShares 2x Long MSFT Daily ETF Description
MSFL is a short-term tactical tool that aims to deliver 2x the price return, less fees and expenses, for a single day of Microsoft stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 2x multiple. Aside from the leverage, compared to traditional ETFs, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested.
Classification
Keywords: Exchange Traded Fund Financial Regulation Short Term Tactical Tool
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 30.4 |
52 Week Low | 20.37 |
Average Volume | 138,033 |
200-Day Moving Average | 0.00 |
50-Day Moving Average | 23.93 |
20-Day Moving Average | 23.67 |
10-Day Moving Average | 23.12 |
Average True Range | 0.86 |
RSI (14) | 52.38 |
ADX | 12.79 |
+DI | 29.39 |
-DI | 25.08 |
Chandelier Exit (Long, 3 ATRs) | 23.12 |
Chandelier Exit (Short, 3 ATRs) | 24.48 |
Upper Bollinger Bands | 25.41 |
Lower Bollinger Band | 21.93 |
Percent B (%b) | 0.59 |
BandWidth | 14.70 |
MACD Line | -0.09 |
MACD Signal Line | -0.14 |
MACD Histogram | 0.0536 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 25.81 | ||||
Resistance 3 (R3) | 25.75 | 25.07 | 25.51 | ||
Resistance 2 (R2) | 25.07 | 24.61 | 25.11 | 25.40 | |
Resistance 1 (R1) | 24.53 | 24.32 | 24.80 | 24.59 | 25.30 |
Pivot Point | 23.85 | 23.85 | 23.99 | 23.89 | 23.85 |
Support 1 (S1) | 23.31 | 23.39 | 23.58 | 23.37 | 22.66 |
Support 2 (S2) | 22.63 | 23.10 | 22.67 | 22.56 | |
Support 3 (S3) | 22.09 | 22.63 | 22.46 | ||
Support 4 (S4) | 22.15 |