UNHG:NASDAQLeverage Shares 2X Long UNH Daily ETF Analysis

Leverage Shares 2X Long UNH Daily ETF is priced at $18.82, and its moving averages give no clean directional read — the structure is neutral. Across the trailing 30 sessions it lost 15.7%. Relative strength is 40.0 — approaching oversold — and the MACD signal is bearish. Recent trading has carved out support near $17.90 and resistance around $21.10.
The 0.77% expense ratio is middling for its category, and the fund manages $63.0M in assets.
Risk scores 8 out of 10, which is high for this asset class. With 30-day volatility of 43.0%, a beta of 0.84 and a maximum drawdown of 61.4%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 91 on the fear-greed composite.
All three time horizons resolve to hold, carrying 2/10 conviction.