NBIL:NASDAQGraniteShares 2x Long NBIS Daily ETF Analysis

The moving-average structure behind GraniteShares 2x Long NBIS Daily ETF is neutral at $19.76, with no clear ordering between short and long averages. Over a rolling month the price has lost 35.7%. Relative strength is 41.9 — neutral — and the MACD signal is bearish. Recent trading has carved out support near $18.16 and resistance around $40.51.
The 1.50% expense ratio is expensive for its category, and the fund manages $164.8M in assets.
Risk scores 8 out of 10, which is high for this asset class. With 30-day volatility of 298.1%, a beta of 7.32 and a maximum drawdown of 78.8%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 92 on the fear-greed composite.
Across every horizon the signals point the same way: hold, at a conviction of 3 out of 10.