๐Ÿ‡บ๐Ÿ‡ธ United States ETF Radar ยท NASDAQ

IONX

DEFIANCE DAILY TARGET 2X LONG IONQ ETF

Leveraged ยท Unclassified ยท Unclassified

Risk watch
Recent price path IONX recent weekly close path 20 USD 11 Sep 2026
Weekly Return -14.3% latest completed week
4-Week Return -41.1% short momentum
Trend Gap -49.3% Trend negative
Fair Gap -72.9% vs fair value
Volume 1.2x 6.1M latest
Market Dynamics -0.71 negative and improving
Relative Strength -75.06 vs country ETF tape
Opportunity -47.7 composite radar score
Risk 84.8 -91.7% drawdown ยท 18.3% volatility
Price Action

Price, Trend Line, Fair Value

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

Pressure, strength, volume

12 months
IONX 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.

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

The latest week moved -14.3%; the four-week move is -41.1%, which helps separate one-week noise from actual follow-through.

Trend is negative, volume is running at 1.2x, 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
  • 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 ZETX ยท NYSEARCA DEFIANCE DAILY TARGET 2X LONG ZETA ETF ๐Ÿ‡บ๐Ÿ‡ธ United States ยท Leveraged Fresh Market Dynamics buy signal; check whether price follow-through is confirming the setup. Week 8.0% 4W 86.2% Vol 0.1x 8.0% 2 NRGU ยท NYSEARCA MICROSECTORS U.S. BIG OIL 3 LEVERAGED ETNS DUE FEBRUARY 17, 2045 ๐Ÿ‡บ๐Ÿ‡ธ United States ยท Leveraged Trend and recent returns are aligned, so demand is still moving in the same direction. Week 8.8% 4W 23.4% Vol 0.6x 8.8% 3 DLLL ยท NASDAQ GRANITESHARES 2X LONG DELL DAILY ETF ๐Ÿ‡บ๐Ÿ‡ธ United States ยท Leveraged Trend and recent returns are aligned, so demand is still moving in the same direction. Week 15.0% 4W 25.6% Vol 0.9x 15.0% 4 WTIU ยท NYSEARCA BANK OF MONTREAL MICROSECTORS ENERGY 3X LEVERAGED ETNS ๐Ÿ‡บ๐Ÿ‡ธ United States ยท Leveraged Trend and recent returns are aligned, so demand is still moving in the same direction. Week 7.2% 4W 21.2% Vol 0.5x 7.2% 5 GUSH ยท NYSEARCA DIREXION DAILY S&P OIL & GAS EXP. & PROD. BULL 2X ETF ๐Ÿ‡บ๐Ÿ‡ธ United States ยท Leveraged Trend and recent returns are aligned, so demand is still moving in the same direction. Week 5.5% 4W 17.3% Vol 0.6x 5.5% 6 AAPX ยท CBOE T-REX 2X LONG APPLE DAILY TARGET ETF ๐Ÿ‡บ๐Ÿ‡ธ United States ยท Leveraged Trend and recent returns are aligned, so demand is still moving in the same direction. Week 7.4% 4W 16.5% Vol 2.7x 7.4% 7 AAPU ยท NASDAQ DIREXION DAILY AAPL BULL 2X SHARES ๐Ÿ‡บ๐Ÿ‡ธ United States ยท Leveraged Trend and recent returns are aligned, so demand is still moving in the same direction. Week 7.5% 4W 16.5% Vol 1.4x 7.5% 8 AAPB ยท NASDAQ GRANITESHARES 2X LONG AAPL DAILY ETF ๐Ÿ‡บ๐Ÿ‡ธ United States ยท Leveraged Trend and recent returns are aligned, so demand is still moving in the same direction. Week 7.7% 4W 17.1% Vol 0.8x 7.7% 9 ERX ยท NYSEARCA DIREXION DAILY ENERGY BULL 2X ETF ๐Ÿ‡บ๐Ÿ‡ธ United States ยท Leveraged Trend and recent returns are aligned, so demand is still moving in the same direction. Week 3.1% 4W 10.0% Vol 1.2x 3.1% 10 DIG ยท NYSEARCA PROSHARES TRUST ULTRA ENERGY ๐Ÿ‡บ๐Ÿ‡ธ United States ยท Leveraged Trend and recent returns are aligned, so demand is still moving in the same direction. Week 3.2% 4W 10.0% Vol 1.2x 3.2%
Latest Event

Historical signal events

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

3 Oct 2025 Crossed above Trend Line 239 USD ยท 15.9%
14 Nov 2025 Broke below Trend Line 83 USD ยท -38.8%
22 May 2026 Crossed above Trend Line 82 USD ยท 45.0%
26 Jun 2026 Broke below Trend Line 44 USD ยท -25.5%
IONX

Recent weekly tape

Week Close Trend Line Fair Value Weekly Return Market Dynamics RS Volume
19 Sep 2025 229 USD - 85 USD % - - 4.7M
26 Sep 2025 206 USD - 89 USD -9.8% 0.72 - 4.6M
3 Oct 2025 239 USD 94 USD 94 USD 15.9% 0.98 - 4.3M
10 Oct 2025 217 USD 99 USD 98 USD -9.3% 1.08 - 4.5M
17 Oct 2025 164 USD 103 USD 100 USD -24.3% 0.94 - 4.5M
24 Oct 2025 148 USD 107 USD 101 USD -10.0% 0.91 - 7.8M
31 Oct 2025 155 USD 111 USD 103 USD 4.4% 0.74 - 4.9M
7 Nov 2025 136 USD 114 USD 104 USD -11.9% 0.57 - 6.0M
14 Nov 2025 83 USD 115 USD 103 USD -38.8% 0.35 - 7.1M
21 Nov 2025 63 USD 116 USD 102 USD -24.4% 0.01 - 7.6M
28 Nov 2025 86 USD 116 USD 102 USD 36.3% -0.33 - 3.2M
5 Dec 2025 96 USD 118 USD 102 USD 11.7% -0.62 - 4.6M
12 Dec 2025 87 USD 118 USD 101 USD -9.6% -0.70 - 6.7M
19 Dec 2025 78 USD 116 USD 101 USD -9.9% -0.67 - 10.2M
26 Dec 2025 69 USD 115 USD 100 USD -12.0% -0.52 - 11.0M
2 Jan 2026 70 USD 115 USD 99 USD 2.2% -0.48 - 8.5M
9 Jan 2026 78 USD 115 USD 99 USD 10.6% -0.46 - 10.0M
16 Jan 2026 81 USD 114 USD 98 USD 3.7% -0.44 - 13.2M
23 Jan 2026 70 USD 114 USD 98 USD -13.7% -0.40 - 17.4M
30 Jan 2026 48 USD 112 USD 97 USD -30.3% -0.33 - 23.4M
6 Feb 2026 35 USD 110 USD 95 USD -28.0% -0.34 - 30.4M
13 Feb 2026 33 USD 107 USD 94 USD -6.7% -0.51 - 20.6M
20 Feb 2026 28 USD 105 USD 93 USD -12.7% -0.66 - 15.3M
27 Feb 2026 39 USD 104 USD 92 USD 36.8% -0.55 - 39.3M
6 Mar 2026 34 USD 102 USD 91 USD -13.6% -0.58 -64.78 23.8M
13 Mar 2026 28 USD 100 USD 89 USD -15.6% -0.58 -69.75 23.9M
20 Mar 2026 25 USD 98 USD 88 USD -10.9% -0.64 -72.38 14.0M
27 Mar 2026 19 USD 96 USD 87 USD -24.4% -0.92 -78.28 6.4M
3 Apr 2026 21 USD 94 USD 86 USD 11.8% -0.98 -76.54 6.1M
10 Apr 2026 20 USD 89 USD 85 USD -3.9% -1.01 -78.24 5.9M
17 Apr 2026 49 USD 83 USD 84 USD 138.7% -0.57 -50.92 29.2M
24 Apr 2026 41 USD 78 USD 83 USD -15.6% -0.25 -59.18 14.3M
1 May 2026 48 USD 72 USD 83 USD 15.6% 0.09 -53.20 7.0M
8 May 2026 53 USD 66 USD 82 USD 10.4% 0.51 -50.69 15.3M
15 May 2026 57 USD 63 USD 82 USD 7.4% 0.54 -46.35 13.5M
22 May 2026 82 USD 60 USD 82 USD 45.0% 0.69 -21.85 12.5M
29 May 2026 104 USD 59 USD 82 USD 26.9% 0.79 -3.08 6.4M
5 Jun 2026 62 USD 56 USD 82 USD -40.2% 0.73 -38.68 6.5M
12 Jun 2026 63 USD 56 USD 82 USD 0.8% 0.68 -39.01 7.2M
19 Jun 2026 59 USD 55 USD 81 USD -6.5% 0.57 -43.74 3.3M
26 Jun 2026 44 USD 54 USD 81 USD -25.5% 0.43 -55.47 5.8M
3 Jul 2026 43 USD 52 USD 80 USD -1.9% 0.30 -55.87 3.0M
10 Jul 2026 32 USD 50 USD 79 USD -25.1% 0.06 -66.93 3.9M
17 Jul 2026 21 USD 48 USD 79 USD -36.0% -0.18 -77.34 6.4M
24 Jul 2026 18 USD 47 USD 78 USD -11.7% -0.45 -79.22 5.3M
31 Jul 2026 22 USD 45 USD 77 USD 19.0% -0.58 -75.02 7.9M
7 Aug 2026 31 USD 44 USD 76 USD 45.1% -0.66 -64.89 5.5M
14 Aug 2026 34 USD 42 USD 76 USD 7.1% -0.69 -62.26 3.2M
21 Aug 2026 31 USD 41 USD 75 USD -8.3% -0.64 -64.00 3.2M
28 Aug 2026 23 USD 40 USD 75 USD -25.4% -0.68 -72.72 4.6M
4 Sep 2026 23 USD 40 USD 74 USD 0.6% -0.72 -72.13 4.4M
11 Sep 2026 20 USD 39 USD 73 USD -14.3% -0.71 -75.06 6.1M

Evidence context