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GraniteShares 2x Short SK Hynix Daily ETF Stock (SKDD) Forecast

The GraniteShares 2x Short SK Hynix Daily ETF (SKDD) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $8.4043, representing a -5.25% decrease from the current price of $8.87. The highest analyst price target is $14.70, and the lowest is $2.1076.

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 SKDD Price Target
Average 7.3901 (-16.68% Downside)
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Is GraniteShares 2x Short SK Hynix Daily ETF (SKDD) A Buy Now?

Oscillators
Name Value Action
RSI(14) 57.85 Neutral
STOCH(9,6) 73.43 Neutral
STOCHRSI(14) 100.00 Sell
MACD(12,26) -0.3796 Buy
ADX(14) 18.60 Neutral
William %R -2.5735 Sell
CCI(14) 191.64 Buy
Buy: 2 Sell: 2 Neutral: 3
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
7.2498
Buy
7.5968
Buy
MA20
7.1971
Buy
7.6291
Buy
MA50
9.3213
Sell
9.7433
Sell
MA100
6.8147
Buy
0.00
Buy
MA200
3.4074
Buy
0.00
Buy
Buy: 8 Sell: 2 Neutral: 0
Summary: Buy
According to our latest analysis, SKDD could be considered a Strong Buy, with 17 technical analysis indicators signaling 10 Buy signals, 4 signaling Sell signals and 3 Neutral signals. This might be a good time to open fresh positions on SKDD, as trading bullish markets is always a lot easier
  1. RSI (Relative Strength Index): The RSI(14) value of 57.85 indicates that SKDD is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 73.43 indicates that SKDD is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 100 indicates that SKDD is oversold. This suggests that SKDD price is at or near the highest level relative to its recent price history.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 18.6 indicates that there is no clear directional movement, and the market may be ranging or moving sideways.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 191.64 indicates that SKDD is overbought. This means that the price has moved significantly higher than its average, indicating a potential selling opportunity.

Long-term SKDD price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about GraniteShares 2x Short SK Hynix Daily ETF financial reports and earnings history, GraniteShares 2x Short SK Hynix Daily ETF (SKDD) stock could reach $54.46 by 2030, $308.59 by 2040 and $388.40 by 2050. See the projected annual prices until 2050 of the GraniteShares 2x Short SK Hynix Daily ETF stock below:

  • GraniteShares 2x Short SK Hynix Daily ETF (SKDD) is expected to reach an average price of $197.14 in 2035, with a high prediction of $192.98 and a low estimate of $108.05. This indicates an $2,123% rise from the last recorded price of $8.87.
  • GraniteShares 2x Short SK Hynix Daily ETF (SKDD) stock is projected to chart a bullish course in 2040, with an average price target of $277.10, representing an $3,024% surge from its current level. The forecast ranges from a conservative $278.57 to a sky-high $308.59.
  • Our analysts predict GraniteShares 2x Short SK Hynix Daily ETF (SKDD) to jump 3,491% by 2045, soaring from $318.87 to an average price of $318.54, potentially reaching $366.82. While $318.87 is the low estimate, the potential upside is significant.
  • GraniteShares 2x Short SK Hynix Daily ETF (SKDD) stock is expected to climb by 2050, reaching an average of $319.62, a $3,503% jump from its current level. However, a wide range of estimates exists, with high and low targets of $388.40 and $319.84, respectively, highlighting the market's uncertainty.

GraniteShares 2x Short SK Hynix Daily ETF Stock (SKDD) Year by Year Forecast

GraniteShares 2x Short SK Hynix Daily ETF Stock (SKDD) Price Forecast for 2026

The predicted value for GraniteShares 2x Short SK Hynix Daily ETF (SKDD) in 2026 is set at an average of $11.30. Estimates vary from a peak of $21.89 to a trough of $0.7147, indicating an +27.42% surge from the present price of $8.87.
Month Average Low High Change from today's price
November, 2026 $3.9831 $2.1076 $14.70 -55.09%
December, 2026 $1.5252 $0.7147 $4.7241 -82.81%

GraniteShares 2x Short SK Hynix Daily ETF Stock (SKDD) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for GraniteShares 2x Short SK Hynix Daily ETF (SKDD) is $7.4734, with a high forecast of $14.94 and a low forecast of $0.00556. This indicates an -15.74% decrease from the last price of $8.87.
Month Average Low High Change from today's price
January, 2027 $3.6473 $1.1257 $3.7873 -58.88%
February, 2027 $0.4321 $3.0779 $7.5121 -95.13%
March, 2027 $2.3327 $1.6469 $2.8041 -73.70%
April, 2027 $3.7786 $3.4817 $3.6507 -57.40%
May, 2027 $6.39 $0.00556 $2.4976 -27.96%
June, 2027 $10.16 $8.6153 $4.8049 +14.59%
July, 2027 $9.2976 $8.4792 $8.2472 +4.82%
August, 2027 $8.0198 $8.0298 $9.296 -9.59%
September, 2027 $14.75 $4.3167 $12.21 +66.27%
October, 2027 $16.00 $15.58 $14.77 +80.38%
November, 2027 $14.75 $14.57 $14.94 +66.28%
December, 2027 $9.981 $11.95 $13.69 +12.52%

GraniteShares 2x Short SK Hynix Daily ETF Stock (SKDD) Price Forecast for 2028

In 2028, GraniteShares 2x Short SK Hynix Daily ETF (SKDD) is projected to reach an average price of $25.25, with a high projection of $41.85 and a low estimate of $8.6389. This indicates an +184.62% rise from the last price of $8.87.
Month Average Low High Change from today's price
January, 2028 $19.39 $8.6389 $19.62 +118.63%
February, 2028 $20.59 $20.65 $21.30 +132.15%
March, 2028 $19.39 $19.69 $20.59 +118.62%
April, 2028 $12.74 $12.96 $17.45 +43.64%
May, 2028 $30.41 $29.52 $27.03 +242.81%
June, 2028 $26.90 $26.74 $27.83 +203.21%
July, 2028 $22.31 $22.32 $26.23 +151.52%
August, 2028 $36.98 $17.28 $34.44 +316.87%
September, 2028 $35.58 $36.49 $34.36 +301.15%
October, 2028 $31.02 $31.35 $32.56 +249.76%
November, 2028 $23.61 $25.58 $29.30 +166.17%
December, 2028 $42.70 $21.61 $41.85 +381.42%

GraniteShares 2x Short SK Hynix Daily ETF Stock (SKDD) Price Forecast for 2029

The 2029 price forecast for GraniteShares 2x Short SK Hynix Daily ETF Stock (SKDD) is $45.00 on average, with a high prediction of $64.08 and a low estimate of $25.93. This represents an +407.38% increase from the previous price of $8.87.
Month Average Low High Change from today's price
January, 2029 $38.85 $38.91 $40.88 +338.00%
February, 2029 $35.00 $35.30 $37.52 +294.64%
March, 2029 $25.71 $25.93 $32.40 +189.83%
April, 2029 $50.65 $50.43 $49.26 +471.04%
May, 2029 $44.49 $44.54 $47.41 +401.61%
June, 2029 $37.76 $38.08 $43.17 +325.75%
July, 2029 $59.20 $30.25 $56.67 +567.47%
August, 2029 $55.16 $56.64 $53.94 +521.92%
September, 2029 $49.49 $50.09 $51.48 +457.99%
October, 2029 $37.24 $39.21 $45.92 +319.81%
November, 2029 $64.27 $34.57 $64.08 +624.56%
December, 2029 $57.11 $57.17 $60.47 +543.86%

GraniteShares 2x Short SK Hynix Daily ETF Stock (SKDD) Price Forecast for 2030

GraniteShares 2x Short SK Hynix Daily ETF Stock (SKDD) is expected to reach an average price of $62.60 in 2030, with a high forecast of $86.31 and a low forecast of $38.89. This signifies an +605.77% surge from the last price of $8.87.
Month Average Low High Change from today's price
January, 2030 $50.62 $50.92 $54.46 +470.66%
February, 2030 $38.67 $38.89 $47.35 +336.01%
March, 2030 $68.17 $71.33 $71.49 +668.56%
April, 2030 $62.09 $62.14 $66.99 +600.00%
May, 2030 $52.72 $53.03 $60.10 +494.31%
June, 2030 $82.69 $43.22 $78.53 +832.24%
July, 2030 $74.75 $76.22 $78.90 +742.69%
August, 2030 $66.43 $67.03 $70.40 +648.92%
September, 2030 $50.87 $52.84 $62.19 +473.46%
October, 2030 $85.84 $47.54 $86.31 +867.71%
November, 2030 $78.01 $78.52 $80.92 +779.44%
December, 2030 $66.23 $66.53 $74.86 +646.68%
EMB EMB
$91.31
price up icon 0.26%
$36.05
price up icon 0.24%
$53.44
price up icon 0.06%
$23.75
price up icon 0.16%
$137.78
price up icon 0.05%
$49.90
price up icon 0.47%
Cap:     |  Volume (24h):