Defiance Daily Target 2X Long IONQ ETF (IONX)
NasdaqGM
Scores are generated from technical indicators for educational purposes and are not a recommendation to buy or sell.
Price history
Daily closes and volumeAI Analysis Generated from the indicator readings below. Educational only.
Defiance Daily Target 2X Long IONQ ETF is trading at $23.98, up 4.35% on the session. The 50 day average sits at $31.76 and the 200 day at $51.42, which puts the stock in a downtrend. RSI is at 42, which reads as weak, and MACD is bearish crossover. Volume is above average.
The nearest support is around $18.86 with resistance near $36.01, so that band frames the current range. Average daily movement is roughly $4.12, or about 17.2% of the share price, which is what any stop placement has to allow for. The overall health score of 15 out of 100 combines a trend score of 0, momentum of 40 and a risk score of 4.
Technical indicators
About Defiance Daily Target 2X Long IONQ ETF
The fund is an actively managed ETF that attempts to achieve two times (200%) the daily percentage change in the share price of the underlying security by employing derivatives, namely swap agreements and/or listed options contracts. The fund is non-diversified.