🇺🇸 United States ETF Radar · NASDAQ

CVNX

DEFIANCE DAILY TARGET 2X LONG CVNA ETF

Leveraged · Unclassified · Unclassified

Risk watch
Recent price path CVNX recent weekly close path 14 USD 12 Jun 2026
Weekly Return 9.5% latest completed week
4-Week Return 4.2% short momentum
Trend Gap -26.4% Trend negative
Fair Gap -29.6% vs fair value
Volume 0.2x 37.9K latest
Market Dynamics 0.15 positive and improving
Relative Strength -41.01 vs country ETF tape
Opportunity 3.5 composite radar score
Risk 37.9 -56.2% drawdown · 13.7% volatility
Price Action

Price, Trend Line, Fair Value

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

Pressure, strength, volume

12 months
CVNX 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.

CVNX sits in Leveraged, so read it as a United States exposure first and a single ETF second.

The latest week moved 9.5%; the four-week move is 4.2%, which helps separate one-week noise from actual follow-through.

Trend is negative, volume is running at 0.2x, and Market Dynamics is not showing a buy signal.

Opportunity Signals

What could be improving

  • Recovering from a weaker base with improving pressure
Risk Signals

What needs caution

  • Leveraged or inverse ETF exposure needs tighter risk control
  • Thin relative volume can make the signal less reliable
  • High weekly volatility raises position risk
Peers

Same category

Closest category peers ranked by the current radar score.

10 peers
1 COZX · CBOE Tradr 2X Long CORZ Daily ETF 🇺🇸 United States · Leveraged Fresh Market Dynamics buy signal; check whether price follow-through is confirming the setup. Week 11.4% 4W 24.3% Vol 0.4x 11.4% 2 MVLL · NASDAQ GRANITESHARES 2X LONG MRVL DAILY ETF 🇺🇸 United States · Leveraged Trend and recent returns are aligned, so demand is still moving in the same direction. Week 8.3% 4W 110.2% Vol 2.5x 8.3% 3 MUU · NASDAQ DIREXION DAILY MU BULL 2X SHARES 🇺🇸 United States · Leveraged Trend and recent returns are aligned, so demand is still moving in the same direction. Week 25.6% 4W 64.9% Vol 1.3x 25.6% 4 ARMG · NASDAQ LEVERAGE SHARES 2X LONG ARM DAILY ETF 🇺🇸 United States · Leveraged Trend and recent returns are aligned, so demand is still moving in the same direction. Week 19.7% 4W 187.3% Vol 0.9x 19.7% 5 MULL · NASDAQ GRANITESHARES 2X LONG MU DAILY ETF 🇺🇸 United States · Leveraged Trend and recent returns are aligned, so demand is still moving in the same direction. Week 24.9% 4W 64.7% Vol 1.0x 24.9% 6 AMUU · NASDAQ DIREXION DAILY AMD BULL 2X SHARES 🇺🇸 United States · Leveraged Trend and recent returns are aligned, so demand is still moving in the same direction. Week 18.1% 4W 38.5% Vol 1.3x 18.1% 7 AMDG · NASDAQ LEVERAGE SHARES 2X LONG AMD DAILY ETF 🇺🇸 United States · Leveraged Trend and recent returns are aligned, so demand is still moving in the same direction. Week 18.3% 4W 37.8% Vol 0.7x 18.3% 8 SOXL · NYSE DIREXION DAILY SEMICONDUCTOR BULL 3X SHARES 🇺🇸 United States · Leveraged Trend and recent returns are aligned, so demand is still moving in the same direction. Week 28.6% 4W 42.9% Vol 1.2x 28.6% 9 SOXL · NYSEARCA DIREXION DAILY SEMICONDUCTOR BULL 3X ETF 🇺🇸 United States · Leveraged Trend and recent returns are aligned, so demand is still moving in the same direction. Week 28.6% 4W 42.9% Vol 1.2x 28.6% 10 AMDL · NASDAQ GRANITESHARES 2X LONG AMD DAILY ETF 🇺🇸 United States · Leveraged Trend and recent returns are aligned, so demand is still moving in the same direction. Week 17.9% 4W 37.5% Vol 0.6x 17.9%
Latest Event

Historical signal events

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

26 Dec 2025 Crossed above Trend Line 28 USD · -6.1%
30 Jan 2026 Broke below Trend Line 22 USD · -31.0%
24 Apr 2026 Crossed above Trend Line 20 USD · 11.0%
1 May 2026 Broke below Trend Line 18 USD · -13.3%
CVNX

Recent weekly tape

Week Close Trend Line Fair Value Weekly Return Market Dynamics RS Volume
20 Jun 2025 19 USD - 20 USD % - - 154.2K
27 Jun 2025 19 USD - 20 USD 0.0% - - 98.5K
3 Jul 2025 23 USD - 20 USD 18.2% - - 69.8K
11 Jul 2025 22 USD - 21 USD -2.4% - - 79.9K
18 Jul 2025 22 USD - 21 USD 0.0% - - 60.4K
25 Jul 2025 20 USD - 21 USD -8.9% - - 72.3K
1 Aug 2025 24 USD - 21 USD 20.5% - - 207.5K
8 Aug 2025 21 USD - 21 USD -12.9% - - 114.2K
15 Aug 2025 22 USD - 21 USD 2.3% - - 91.6K
22 Aug 2025 22 USD - 21 USD 2.8% - - 125.0K
29 Aug 2025 24 USD - 22 USD 8.2% - - 94.9K
5 Sep 2025 24 USD - 22 USD -1.7% - - 37.8K
12 Sep 2025 23 USD - 22 USD -4.6% - - 85.9K
19 Sep 2025 27 USD - 22 USD 17.0% - - 137.0K
26 Sep 2025 23 USD - 22 USD -11.8% - - 88.8K
3 Oct 2025 24 USD - 22 USD 2.9% - - 133.3K
10 Oct 2025 18 USD - 22 USD -23.9% - - 147.8K
17 Oct 2025 18 USD - 22 USD -0.3% - - 63.3K
24 Oct 2025 20 USD - 22 USD 10.6% - - 306.0K
31 Oct 2025 15 USD - 21 USD -24.7% - - 739.9K
7 Nov 2025 14 USD - 21 USD -5.7% - - 312.4K
14 Nov 2025 16 USD - 21 USD 9.4% - - 134.2K
21 Nov 2025 15 USD - 21 USD -5.4% - - 145.0K
28 Nov 2025 21 USD - 21 USD 41.9% - - 105.6K
5 Dec 2025 24 USD - 21 USD 14.8% - - 194.9K
12 Dec 2025 31 USD - 21 USD 27.4% - - 407.7K
19 Dec 2025 30 USD - 22 USD -2.6% 0.40 - 170.0K
26 Dec 2025 28 USD 22 USD 22 USD -6.1% 0.56 - 150.1K
2 Jan 2026 23 USD 22 USD 22 USD -17.5% 0.60 - 79.6K
9 Jan 2026 31 USD 22 USD 22 USD 33.4% 0.60 - 124.8K
16 Jan 2026 28 USD 23 USD 22 USD -9.4% 0.59 - 82.8K
23 Jan 2026 32 USD 23 USD 23 USD 13.3% 0.61 - 75.6K
30 Jan 2026 22 USD 23 USD 23 USD -31.0% 0.60 - 678.2K
6 Feb 2026 22 USD 23 USD 23 USD 0.8% 0.47 - 145.3K
13 Feb 2026 16 USD 23 USD 22 USD -28.7% 0.18 - 147.0K
20 Feb 2026 15 USD 23 USD 22 USD -5.1% -0.11 - 2.2M
27 Feb 2026 15 USD 22 USD 22 USD -1.9% -0.39 - 365.0K
6 Mar 2026 13 USD 22 USD 22 USD -10.7% -0.67 - 309.9K
13 Mar 2026 12 USD 22 USD 21 USD -11.6% -0.78 - 375.4K
20 Mar 2026 10 USD 21 USD 21 USD -13.7% -0.89 - 592.5K
27 Mar 2026 12 USD 21 USD 21 USD 15.0% -0.91 - 326.8K
2 Apr 2026 12 USD 20 USD 21 USD 6.8% -0.89 - 234.5K
10 Apr 2026 14 USD 20 USD 21 USD 14.2% -0.82 - 279.4K
17 Apr 2026 18 USD 20 USD 21 USD 30.3% -0.73 - 297.3K
24 Apr 2026 20 USD 20 USD 21 USD 11.0% -0.56 - 127.0K
1 May 2026 18 USD 19 USD 21 USD -13.3% -0.43 - 309.8K
8 May 2026 18 USD 19 USD 20 USD 3.4% -0.22 - 254.2K
15 May 2026 13 USD 19 USD 20 USD -26.4% -0.15 - 197.2K
22 May 2026 14 USD 19 USD 20 USD 1.6% -0.07 - 175.3K
29 May 2026 16 USD 19 USD 20 USD 14.5% 0.06 -37.03 144.8K
5 Jun 2026 13 USD 19 USD 20 USD -18.2% 0.07 -45.31 318.4K
12 Jun 2026 14 USD 19 USD 20 USD 9.5% 0.15 -41.01 37.9K