GraniteShares 2x Short SK Hynix Daily ETF (SKDD)
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.
GraniteShares 2x Short SK Hynix Daily ETF is trading at $9.28, up 19.59% on the session. The 50 day average sits at $8.77 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 42.3, which reads as weak, and MACD is bearish crossover. Volume is above average.
The nearest support is around $6.36 with resistance near $8.33, so that band frames the current range. Average daily movement is roughly $1.11, or about 12.0% of the share price, which is what any stop placement has to allow for. The overall health score of 33 out of 100 combines a trend score of 41, momentum of 40 and a risk score of 12.
Technical indicators
About GraniteShares 2x Short SK Hynix Daily ETF
The fund has adopted a policy to have at least 80% of its investment exposure to financial instruments with economic characteristics that should have 2 times the inverse performance of the Underlying Stock.