CONI GraniteShares 1x Short COIN Daily ETF Forecast, Technical & Fundamental Analysis

Momentum Indicator for CONI turns negative, indicating new downward trend

CONI saw its Momentum Indicator move below the 0 level on April 17, 2025. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 11 similar instances where the indicator turned negative. In of the 11 cases, the stock moved further down in the following days. The odds of a decline are at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for CONI turned negative on April 10, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 2 similar instances when the indicator turned negative. In of the 2 cases the stock turned lower in the days that followed. This puts the odds of success at .

CONI moved below its 50-day moving average on April 22, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for CONI crossed bearishly below the 50-day moving average on April 25, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 1 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CONI declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

CONI broke above its upper Bollinger Band on April 04, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The RSI Indicator entered the oversold zone -- be on the watch for CONI's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 9 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CONI advanced for three days, in of 34 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 16 cases where CONI Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .