CONL Stock GraniteShares 2x Long COIN Daily ETF (CONL, $16.71) Aroon Indicator entered a Downtrend on January 12, 2026.
at Tickeron.com
For the last three days, A.I.dvisor has detected that CONL's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for CONL, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 146 similar cases, of which were successful. Based on this data, the odds of success are
CONL saw its Stochastic Oscillator recovers from the overbought zone
The Stochastic Oscillator for CONL moved out of overbought territory on January 08, 2026. This could be a bearish sign for the stock and investors may want to consider selling or taking a defensive position. A.I.dvisor looked at 37 similar instances where the indicator exited the overbought zone. In of the 37 cases the stock moved lower. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 50-day moving average for CONL moved below the 200-day moving average on December 12, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CONL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for CONL entered a downward trend on January 12, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where CONL's RSI Indicator exited the oversold zone, of 22 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on January 12, 2026. You may want to consider a long position or call options on CONL as a result. In of 61 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for CONL just turned positive on January 02, 2026. Looking at past instances where CONL's MACD turned positive, the stock continued to rise in of 25 cases over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CONL advanced for three days, in of 187 cases, the price rose further within the following month. The odds of a continued upward trend are .
CONL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
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General Information
Category Trading