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USGG:NASDAQLeverage Shares 2X Long USAR Daily ETF Analysis

Data as of 2026-09-01 - not real-time

$6.75

Latest Price

8/10Risk

Risk Level: High

Executive Summary

Leverage Shares 2X Long USAR Daily ETF trades at $6.75, with its short-term moving averages sitting below the longer-term ones — a bearish trend structure. Over a rolling month the price has gained 22.4%. Relative strength is 45.7 — neutral — and the MACD signal is bullish. The recent range runs from support at $6.05 up to resistance at $9.25.
The 0.75% expense ratio is middling for its category, and the fund manages $9.5M in assets.
On a 1-10 scale the risk profile lands at 8 — high. With 30-day volatility of 177.5%, a beta of 7.63 and a maximum drawdown of 87.5%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 95 on the fear-greed composite.
All three time horizons resolve to hold, carrying 2/10 conviction.

Market Outlook

Short Term

< 1 year
Neutral
Model confidence: 3/10

Key Factors

  • Short-term moving averages stacked below long-term ones
  • Trading below the 200-day average of 13.43
  • MACD momentum is positive

Medium Term

1–3 years
Neutral
Model confidence: 3/10

Key Factors

  • Short-term moving averages stacked below long-term ones
  • Trading below the 200-day average of 13.43
  • 30-day volatility of 177.5%

Long Term

> 3 years
Neutral
Model confidence: 2/10

Key Factors

  • 30-day volatility of 177.5%
  • Beta of 7.63 versus the benchmark
  • Maximum drawdown of 87.5%

Key Metrics & Analysis

Fund Metrics

Expense Ratio0.75%
AUM$9.5M
Inception Date2026-01-12
Avg Daily Volume461,190
Premium/Discount0.00%
Tracking Error0.00%

Technical Analysis

TrendBearish
RSI45.7
Support$6.05
Resistance$9.25
MA 20$7.54
MA 50$7.76
MA 200$13.43
MACDBullish
VolumeStable
Fear & Greed Index94.79

Risk Assessment

Beta7.63
Volatility177.54%
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.