3.04% -0.7749

Graniteshares 2 X Long Rivn Daily Etf (RVNL)

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Graniteshares 2 X Long Rivn Daily Etf Stock (RVNL) Forecast

The Graniteshares 2 X Long Rivn Daily Etf (RVNL) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $0.00, representing a -100.00% decrease from the current price of $24.75. The highest analyst price target is $0.00, and the lowest is $0.00.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.

12-Month RVNL Price Target

Average 0.00 (-100.00% Downside)

Is Graniteshares 2 X Long Rivn Daily Etf (RVNL) A Buy Now?

Oscillators

Name	Value	Action
RSI(14)	35.90	Neutral
STOCH(9,6)	6.4085	Buy
STOCHRSI(14)	1.6878	Buy
MACD(12,26)	-1.5041	Sell
ADX(14)	14.54	Neutral
William %R	-99.31	Buy
CCI(14)	-104.76	Sell

Buy: 3 Sell: 2 Neutral: 2

Summary: Buy

Moving Averages

Period	Simple	Exponential
MA10	29.43 Sell	28.53 Sell
MA20	31.97 Sell	30.17 Sell
MA50	31.00 Sell	31.81 Sell
MA100	37.34 Sell	34.02 Sell
MA200	35.90 Sell	34.83 Sell

Buy: 0 Sell: 10 Neutral: 0

Summary: Sell

According to our latest analysis, RVNL could be considered a Strong Sell, with 17 technical analysis indicators signaling 3 Buy signals, 12 signaling Sell signals and 2 Neutral signals. This might not be a good time to consider opening new positions on RVNL, as trading bearish markets can be challenging and may result in losses.

RSI (Relative Strength Index): The RSI(14) value of 35.9 indicates that RVNL is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
STOCH (Stochastic Oscillator): The STOCH value of 6.4085 indicates that RVNL is oversold. This indicates that RVNL price is at or near the lowest level over a specified lookback period.
STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 1.6878 indicates that RVNL is oversold. This suggests that RVNL price is at or near the lowest level relative to its recent price history.
ADX (Average Directional Index): The ADX value of The ADX value of 14.54 indicates that there is no clear directional movement, and the market may be ranging or moving sideways.
CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -104.76 indicates that RVNL is oversold. This means that the price has moved significantly lower than its average, indicating a potential buying opportunity.