🇬🇧 United Kingdom ETF Radar · LSE

SMI3

GraniteShares 3x Short MicroStrategy Daily ETP

Inverse · Unclassified · Unclassified

Risk watch
Country Radar Open Chart
Recent price path SMI3 recent weekly close path 1.4K GBP 12 Jun 2026
Weekly Return -23.8% latest completed week
4-Week Return 98.1% short momentum
Trend Gap -56.2% Trend negative
Fair Gap 25.6% vs fair value
Volume 0.8x 11.7K latest
Market Dynamics -0.27 negative and improving
Relative Strength -46.42 vs country ETF tape
Opportunity -16.1 composite radar score
Risk 66.0 -75.2% drawdown · 25.9% volatility
Price Action

Price, Trend Line, Fair Value

12 months
SMI3 weekly price action
Price Trend Line Fair Value
Market Dynamics

Pressure, strength, volume

12 months
SMI3 Market Dynamics and relative strength
Market Dynamics Relative Strength Volume
Signal View

What it shows

Market Dynamics improving High risk score Tactical exposure

Risk is elevated; weak trend or recent selling pressure is dominating the ETF tape.

Weak trend, selling pressure, or tactical exposure is elevated.

SMI3 sits in Inverse, so read it as a United Kingdom exposure first and a single ETF second.

The latest week moved -23.8%; the four-week move is 98.1%, which helps separate one-week noise from actual follow-through.

Trend is negative, volume is running at 0.8x, and Market Dynamics is not showing a buy signal.

Opportunity Signals

What could be improving

  • No high-conviction opportunity signal yet.
Risk Signals

What needs caution

  • Leveraged or inverse ETF exposure needs tighter risk control
  • Momentum is fading after a stronger short-term run
  • High weekly volatility raises position risk
  • Market Dynamics is still negative
Peers

Same category

Closest category peers ranked by the current radar score.

10 peers
1 QQ3S · LSE Leverage Shares -5x Short Nasdaq 100 ETP Securities 🇬🇧 United Kingdom · Inverse Fresh Market Dynamics buy signal; check whether price follow-through is confirming the setup. Week 64593.1% 4W 58764.9% Vol 3.0x 64593.1% 2 SQQQ · LSE Leverage Shares -5x Short Nasdaq 100 ETP Securities 🇬🇧 United Kingdom · Inverse Trend and recent returns are aligned, so demand is still moving in the same direction. Week 64057.9% 4W 58647.0% Vol 0.7x 64057.9% 3 SAA3 · LSE GraniteShares 3x Short Alibaba Daily ETP 🇬🇧 United Kingdom · Inverse Trend and recent returns are aligned, so demand is still moving in the same direction. Week 28.4% 4W 73.8% Vol 0.0x 28.4% 4 SBA3 · LSE Leverage Shares -3x Short Alibaba (BABA) ETP Securities 🇬🇧 United Kingdom · Inverse Trend and recent returns are aligned, so demand is still moving in the same direction. Week 30.0% 4W 74.7% Vol 0.9x 30.0% 5 BA3S · LSE Leverage Shares -3x Short Alibaba (BABA) ETP Securities 🇬🇧 United Kingdom · Inverse Trend and recent returns are aligned, so demand is still moving in the same direction. Week 28.4% 4W 71.1% Vol 0.1x 28.4% 6 SKOR · LSE Leverage Shares 3x Short South Korea ETC 🇬🇧 United Kingdom · Inverse Risk is elevated; weak trend or recent selling pressure is dominating the ETF tape. Week 27.0% 4W -19.5% Vol 0.1x 27.0% 7 XLGS · LSE Leverage Shares -3x Short Oil & Gas ETP Securities 🇬🇧 United Kingdom · Inverse Trend and recent returns are aligned, so demand is still moving in the same direction. Week 1.8% 4W 2.3% Vol 0.0x 1.8% 8 SUBR · LSE Leverage Shares -1x Uber ETP Securities 🇬🇧 United Kingdom · Inverse Trend and recent returns are aligned, so demand is still moving in the same direction. Week 3.8% 4W 8.0% Vol 0.4x 3.8% 9 SPYE · LSE Leverage Shares -1x Short PayPal ETP Securities 🇬🇧 United Kingdom · Inverse Trend and recent returns are aligned, so demand is still moving in the same direction. Week 0.4% 4W 7.9% Vol 5.4x 0.4% 10 GL3S · LSE Leverage Shares 3x Short Gold ETC 🇬🇧 United Kingdom · Inverse Risk is elevated; weak trend or recent selling pressure is dominating the ETF tape. Week 7.1% 4W 21.2% Vol 7.4x 7.1%
Latest Event

Historical signal events

Recent Trend Line crossings and Market Dynamics buy signals from the weekly history.

6 Mar 2026 Broke below Trend Line 2.8K GBP · -28.8%
3 Apr 2026 Crossed above Trend Line 3.6K GBP · 6.5%
10 Apr 2026 Broke below Trend Line 2.7K GBP · -24.7%
SMI3

Recent weekly tape

Week Close Trend Line Fair Value Weekly Return Market Dynamics RS Volume
20 Jun 2025 1.7K GBP 287 GBP 98.5K GBP % 1.52 200.53 1.6K
27 Jun 2025 1.4K GBP 332 GBP 59.2K GBP -17.8% 1.46 156.01 4.5K
4 Jul 2025 1.2K GBP 372 GBP 47.4K GBP -13.6% 1.31 139.66 11.5K
11 Jul 2025 928 GBP 403 GBP 35.4K GBP -21.6% 1.05 97.55 7.4K
18 Jul 2025 884 GBP 432 GBP 31.6K GBP -4.7% 0.74 88.71 20.4K
25 Jul 2025 1.0K GBP 467 GBP 28.5K GBP 18.0% 0.47 116.95 4.7K
1 Aug 2025 1.2K GBP 508 GBP 26.6K GBP 18.0% 0.27 157.64 6.6K
8 Aug 2025 970 GBP 540 GBP 25.3K GBP -21.3% 0.10 105.98 6.6K
15 Aug 2025 1.3K GBP 582 GBP 22.9K GBP 29.8% 0.01 168.62 7.4K
22 Aug 2025 1.2K GBP 623 GBP 19.7K GBP -2.6% -0.08 154.81 16.1K
29 Aug 2025 1.4K GBP 670 GBP 15.1K GBP 17.4% -0.18 200.17 1.2K
5 Sep 2025 1.5K GBP 722 GBP 12.9K GBP 6.9% -0.18 220.11 12.9K
12 Sep 2025 1.4K GBP 768 GBP 8.8K GBP -10.0% -0.21 179.58 5.5K
19 Sep 2025 1.3K GBP 810 GBP 3.8K GBP -7.7% -0.24 153.63 2.8K
26 Sep 2025 1.7K GBP 867 GBP 423 GBP 34.0% -0.11 220.42 6.9K
3 Oct 2025 1.0K GBP 902 GBP 430 GBP -39.3% -0.20 86.01 7.7K
10 Oct 2025 1.4K GBP 950 GBP 439 GBP 39.6% -0.09 150.31 6.5K
17 Oct 2025 1.8K GBP 1.0K GBP 450 GBP 22.1% 0.13 192.13 9.4K
24 Oct 2025 1.8K GBP 1.1K GBP 462 GBP 3.8% 0.26 179.01 2.3K
31 Oct 2025 1.7K GBP 1.1K GBP 473 GBP -6.0% 0.56 148.59 3.9K
7 Nov 2025 2.8K GBP 1.2K GBP 491 GBP 59.6% 0.86 270.39 4.4K
14 Nov 2025 3.7K GBP 1.3K GBP 514 GBP 34.2% 1.09 353.31 8.6K
21 Nov 2025 5.8K GBP 1.5K GBP 551 GBP 55.5% 1.39 529.76 17.4K
28 Nov 2025 4.7K GBP 1.7K GBP 582 GBP -17.9% 1.52 362.44 4.1K
5 Dec 2025 4.5K GBP 1.8K GBP 611 GBP -3.9% 1.40 311.48 2.6K
12 Dec 2025 4.4K GBP 2.0K GBP 639 GBP -4.2% 1.22 266.95 1.9K
19 Dec 2025 5.0K GBP 2.1K GBP 671 GBP 16.0% 0.95 284.24 1.1K
26 Dec 2025 5.8K GBP 2.2K GBP 708 GBP 15.3% 0.90 309.31 473
2 Jan 2026 5.5K GBP 2.4K GBP 743 GBP -5.8% 0.85 256.12 340
9 Jan 2026 5.0K GBP 2.5K GBP 775 GBP -8.6% 0.82 201.32 352
16 Jan 2026 3.8K GBP 2.5K GBP 800 GBP -24.1% 0.57 116.76 2.0K
23 Jan 2026 4.2K GBP 2.6K GBP 827 GBP 11.3% 0.28 132.46 460
30 Jan 2026 5.7K GBP 2.8K GBP 863 GBP 34.7% 0.16 193.19 2.2K
6 Feb 2026 5.1K GBP 2.9K GBP 896 GBP -10.6% 0.01 146.13 4.1K
13 Feb 2026 4.1K GBP 3.0K GBP 923 GBP -18.8% -0.10 91.08 1.2K
20 Feb 2026 4.0K GBP 3.1K GBP 948 GBP -3.8% -0.15 73.77 5.9K
27 Feb 2026 3.9K GBP 3.2K GBP 973 GBP -2.4% -0.40 61.00 1.7K
6 Mar 2026 2.8K GBP 3.3K GBP 991 GBP -28.8% -0.54 18.76 5.5K
13 Mar 2026 2.7K GBP 3.3K GBP 1.0K GBP -3.4% -0.58 12.45 2.1K
20 Mar 2026 2.6K GBP 3.4K GBP 1.0K GBP -1.1% -0.64 12.54 2.5K
27 Mar 2026 3.4K GBP 3.4K GBP 1.0K GBP 28.8% -0.53 40.36 6.3K
3 Apr 2026 3.6K GBP 3.5K GBP 1.1K GBP 6.5% -0.53 39.02 3.4K
10 Apr 2026 2.7K GBP 3.6K GBP 1.1K GBP -24.7% -0.58 1.12 1.7K
17 Apr 2026 1.1K GBP 3.5K GBP 1.1K GBP -61.1% -0.58 -61.20 5.4K
24 Apr 2026 951 GBP 3.5K GBP 1.1K GBP -10.4% -0.57 -64.50 15.5K
1 May 2026 772 GBP 3.5K GBP 1.1K GBP -18.8% -0.57 -71.28 10.0K
8 May 2026 724 GBP 3.5K GBP 1.1K GBP -6.3% -0.43 -72.88 43.9K
15 May 2026 728 GBP 3.5K GBP 1.1K GBP 0.5% -0.44 -72.80 15.5K
22 May 2026 926 GBP 3.4K GBP 1.1K GBP 27.3% -0.56 -65.99 15.0K
29 May 2026 938 GBP 3.4K GBP 1.1K GBP 1.2% -0.56 -65.06 23.3K
5 Jun 2026 1.9K GBP 3.4K GBP 1.1K GBP 101.8% -0.42 -29.18 25.4K
12 Jun 2026 1.4K GBP 3.3K GBP 1.1K GBP -23.8% -0.27 -46.42 11.7K