DEFIANCE DLY T 2X L IONQ ETF (IONX) Stock Technical Analysis
NASDAQ:IONX - Nasdaq - US88636R2307 - ETF - Currency: USD
We assign a technical rating of 5 out of 10 to IONX. In the last year, IONX was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
100% of all other stocks performed better in the past year than IONX.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month IONX has a been trading in the 31.64 - 94.07 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
IONX has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
82.82
94.18
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 93.23 to 93.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for IONX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IONX is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | IONX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IONX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IONX is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 81.39 | OVERBOUGHT | The high RSI value suggests IONX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.27 | POSITIVE | The MACD value suggests IONX has a positive trend. |
| Stochastics (14,3) | 89.16 | OVERBOUGHT | The high Stochastics value suggests IONX may be overbought. |
| Average True Range in percent/ATR (20) | 10.43 | HIGH VOLATILITY | The high ATR as a percentage value for IONX suggests high volalility. |
| Average Directional Index/ADX (14) | 43.58 | POSITIVE | The high ADX value value for IONX suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:IONX (5/28/2025, 10:31:00 AM)
83.66
-9.58 (-10.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-10.27%
1 Week71.97%
2 Weeks94.41%
1 Month147.58%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)11.8
ATR(20)%10.43%
ATR Inc118.11%
Range Today9.19
ADR(20)9.33
ADR(20)%11.15%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High94.07
10 Day Low45.99
20 Day High94.07
20 Day Low31.64
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)1.79%
DER(5)0.54%
Volume390.24K
Volume Incr218.46%
Vol(5)1.50M
Vol(50)571.60K