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MRAL:NASDAQGraniteShares 2x Long MARA Daily ETF Analysis

Data as of 2026-08-12 - not real-time

$29.90

Latest Price

8/10Risk

Risk Level: High

Executive Summary

At $29.90, GraniteShares 2x Long MARA Daily ETF shows a bearish moving-average alignment, with shorter averages beneath longer ones. The last 30 days have lost 58.0%. With RSI at 35.3 the momentum picture is approaching oversold, alongside a bearish MACD signal. Recent trading has carved out support near $28.50 and resistance around $58.75.
The 1.50% expense ratio is expensive for its category, and the fund manages $43.8M in assets.
On a 1-10 scale the risk profile lands at 8 — high. With 30-day volatility of 186.2%, a beta of 6.58 and a maximum drawdown of 93.5%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 96 on the fear-greed composite.
Timeframes disagree: the short-term read is sell while the long-term read is hold, conviction 3 out of 10.

Top Market Events

New York, July 14, 2026 GLOBE NEWSWIRE -- GraniteShares Advisors LLC 'GraniteShares' announces that, following market...New York, July 14, 2026 GLOBE NEWSWIRE -- GraniteShares Advisors LLC 'GraniteShares' announces that, following market...Yahoo Finance28dGraniteShares 2x Long LCID Daily ETF Nasdaq: LCDL Fund Delisting – Negative NAVThe above button links...

Market Outlook

Short Term

< 1 year
Cautious
Model confidence: 6/10

Key Factors

  • Short-term moving averages stacked below long-term ones
  • Trading below the 200-day average of 64.51
  • MACD momentum is negative

Medium Term

1–3 years
Cautious
Model confidence: 4/10

Key Factors

  • Short-term moving averages stacked below long-term ones
  • Trading below the 200-day average of 64.51
  • 30-day volatility of 186.2%

Long Term

> 3 years
Neutral
Model confidence: 3/10

Key Factors

  • High expense ratio of 1.50%
  • 30-day volatility of 186.2%
  • Beta of 6.58 versus the benchmark

Key Metrics & Analysis

Fund Metrics

Expense Ratio1.50%
AUM$43.8M
Inception Date2025-03-06
Avg Daily Volume100,100
Premium/Discount0.00%
Tracking Error0.00%

Technical Analysis

TrendBearish
RSI35.3
Support$28.50
Resistance$58.75
MA 20$42.60
MA 50$57.55
MA 200$64.51
MACDBearish
VolumeIncreasing
Fear & Greed Index95.7

Risk Assessment

Beta6.58
Volatility186.21%
Sector RiskMedium
Currency RiskLow
Liquidity RiskMedium

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.