CRWG:NASDAQLeverage Shares 2X Long CRWV Daily ETF Analysis

The moving-average structure behind Leverage Shares 2X Long CRWV Daily ETF is bearish at $16.07, with short-term averages lagging the long-term ones. The last 30 days have lost 18.1%. Relative strength is 42.2 — neutral — and the MACD signal is bearish. Watch $14.86 as support and $26.81 as the nearer resistance level.
The 0.77% expense ratio is middling for its category, and the fund manages $114.5M in assets.
Risk scores 8 out of 10, which is high for this asset class. With 30-day volatility of 173.4%, a beta of 6.52 and a maximum drawdown of 92.6%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
Near-term and long-term part ways here — sell short-term against hold longer out, with 2/10 conviction on the long call.