🇺🇸 United States ETF Radar · NASDAQ

IONZ

Defiance Daily Target 2x Short IONQ ETF

Inverse · Unclassified · Unclassified

Risk watch
Country Radar Open Chart
Recent price path IONZ recent weekly close path 6 USD 24 Jul 2026
Weekly Return 9.9% latest completed week
4-Week Return 94.9% short momentum
Trend Gap -53.4% Trend negative
Fair Gap -81.2% vs fair value
Volume 0.3x 26.6M latest
Market Dynamics -0.10 negative and improving
Relative Strength -79.89 vs country ETF tape
Opportunity 15.1 composite radar score
Risk 46.0 -94.7% drawdown · 23.1% volatility
Price Action

Price, Trend Line, Fair Value

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

Pressure, strength, volume

12 months
IONZ 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.

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

The latest week moved 9.9%; the four-week move is 94.9%, which helps separate one-week noise from actual follow-through.

Trend is negative, volume is running at 0.3x, 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
  • Market Dynamics is still negative
Peers

Same category

Closest category peers ranked by the current radar score.

10 peers
1 TSLS · NASDAQ Direxion Daily TSLA Bear 1X Shares 🇺🇸 United States · Inverse Trend and recent returns are aligned, so demand is still moving in the same direction. Week 19.0% 4W 16.3% Vol 1.0x 19.0% 2 TMV · NYSEARCA DIREXION DAILY 20+ YEAR TREASURY BEAR 3X ETF 🇺🇸 United States · Inverse Trend and recent returns are aligned, so demand is still moving in the same direction. Week 4.7% 4W 15.2% Vol 0.7x 4.7% 3 TSLQ · NASDAQ Tradr 2X Short TSLA Daily ETF 🇺🇸 United States · Inverse Risk is elevated; weak trend or recent selling pressure is dominating the ETF tape. Week 39.1% 4W 29.0% Vol 0.9x 39.1% 4 TSDD · NASDAQ GRANITESHARES 2X SHORT TSLA DAILY ETF 🇺🇸 United States · Inverse Risk is elevated; weak trend or recent selling pressure is dominating the ETF tape. Week 38.5% 4W 28.7% Vol 0.9x 38.5% 5 TSLZ · CBOE T-Rex 2X Inverse Tesla Daily Target ETF 🇺🇸 United States · Inverse Risk is elevated; weak trend or recent selling pressure is dominating the ETF tape. Week 38.8% 4W 28.5% Vol 1.0x 38.8% 6 ORCS · NASDAQ Direxion Daily ORCL Bear 1X ETF 🇺🇸 United States · Inverse Leveraged or inverse exposure; useful for tactical pressure, but risk can move quickly. Week 9.3% 4W 26.8% Vol 0.4x 9.3% 7 NFXS · NASDAQ DIREXION DAILY NFLX BEAR 1X SHARES 🇺🇸 United States · Inverse Leveraged or inverse exposure; useful for tactical pressure, but risk can move quickly. Week -1.6% 4W 4.6% Vol 1.1x -1.6% 8 CLSE · CBOE CONVERGENCE LONG/SHORT EQUITY ETF 🇺🇸 United States · Inverse Trend and recent returns are aligned, so demand is still moving in the same direction. Week 0.7% 4W 0.3% Vol 1.6x 0.7% 9 TYO · NYSEARCA DIREXION DAILY 7-10 YEAR TREASURY BEAR 3X ETF 🇺🇸 United States · Inverse Trend and recent returns are aligned, so demand is still moving in the same direction. Week 3.1% 4W 6.6% Vol 0.6x 3.1% 10 WBIF · NYSEARCA ABSOLUTE SHS TR WBI BULLBEAR VALUE 3000 ETF 🇺🇸 United States · Inverse Volume is expanding versus normal activity, which can mark institutional attention or stress. Week -0.5% 4W 0.7% Vol 8.8x -0.5%
Latest Event

Historical signal events

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

27 Mar 2026 Crossed above Trend Line 28 USD · 23.4%
17 Apr 2026 Broke below Trend Line 7 USD · %
IONZ

Recent weekly tape

Week Close Trend Line Fair Value Weekly Return Market Dynamics RS Volume
1 Aug 2025 115 USD - 100 USD % - - 1.8M
8 Aug 2025 94 USD - 99 USD -18.8% - - 4.3M
15 Aug 2025 98 USD - 99 USD 4.7% - - 4.2M
22 Aug 2025 97 USD - 99 USD -1.5% - - 3.0M
29 Aug 2025 82 USD - 97 USD -15.3% - - 3.6M
5 Sep 2025 85 USD - 96 USD 3.9% - - 4.1M
12 Sep 2025 42 USD - 92 USD -51.2% - - 27.1M
19 Sep 2025 25 USD - 86 USD -40.9% - - 134.3M
26 Sep 2025 26 USD - 82 USD 6.4% - - 333.5M
3 Oct 2025 20 USD - 78 USD -21.8% - - 270.4M
10 Oct 2025 20 USD - 74 USD 0.3% - - 540.0M
17 Oct 2025 22 USD - 71 USD 8.5% - - 438.8M
24 Oct 2025 23 USD - 69 USD 3.2% - - 262.8M
31 Oct 2025 20 USD - 66 USD -11.0% - - 172.4M
7 Nov 2025 21 USD - 64 USD 4.4% - - 179.9M
14 Nov 2025 31 USD - 62 USD 46.5% - - 172.5M
21 Nov 2025 37 USD - 61 USD 17.7% - - 143.8M
28 Nov 2025 25 USD - 60 USD -32.5% - - 55.9M
5 Dec 2025 20 USD - 58 USD -19.6% - - 98.6M
12 Dec 2025 21 USD - 56 USD 7.0% - - 17.2M
19 Dec 2025 21 USD - 55 USD -0.2% - - 10.4M
26 Dec 2025 22 USD - 54 USD 2.0% - - 7.9M
2 Jan 2026 21 USD - 53 USD -4.8% - - 3.9M
9 Jan 2026 18 USD - 51 USD -12.6% 0.16 - 10.8M
16 Jan 2026 16 USD 50 USD 50 USD -9.9% 0.19 - 12.3M
23 Jan 2026 18 USD 47 USD 49 USD 9.2% 0.17 - 13.1M
30 Jan 2026 23 USD 45 USD 48 USD 29.2% 0.20 - 12.5M
6 Feb 2026 26 USD 42 USD 48 USD 11.9% 0.28 - 6.9M
13 Feb 2026 25 USD 40 USD 47 USD -1.2% 0.40 - 4.8M
20 Feb 2026 29 USD 38 USD 47 USD 12.9% 0.55 - 4.0M
27 Feb 2026 16 USD 35 USD 46 USD -44.1% 0.48 - 20.4M
6 Mar 2026 18 USD 32 USD 45 USD 12.6% 0.46 - 10.6M
13 Mar 2026 21 USD 30 USD 44 USD 15.8% 0.56 - 5.8M
20 Mar 2026 23 USD 27 USD 44 USD 8.1% 0.65 - 4.0M
27 Mar 2026 28 USD 25 USD 43 USD 23.4% 0.93 - 5.0M
3 Apr 2026 24 USD 23 USD 43 USD -15.4% 1.07 - 3.8M
10 Apr 2026 24 USD 23 USD 42 USD 1.3% 1.08 - 3.5M
17 Apr 2026 7 USD 22 USD 42 USD % 0.98 - 86.8M
24 Apr 2026 8 USD 22 USD 41 USD % 0.79 - 73.9M
1 May 2026 6 USD 21 USD 40 USD -17.0% 0.48 - 37.9M
8 May 2026 5 USD 21 USD 39 USD -18.7% 0.16 - 65.7M
15 May 2026 4 USD 20 USD 39 USD -20.7% -0.08 - 117.7M
22 May 2026 2 USD 19 USD 38 USD -40.0% -0.29 - 116.0M
29 May 2026 2 USD 19 USD 37 USD -24.0% -0.35 - 90.9M
5 Jun 2026 3 USD 18 USD 36 USD 48.4% -0.34 - 134.0M
12 Jun 2026 2 USD 17 USD 36 USD -10.6% -0.30 - 169.2M
19 Jun 2026 2 USD 16 USD 35 USD 0.4% -0.33 -94.52 85.2M
26 Jun 2026 3 USD 15 USD 34 USD 27.3% -0.29 -92.16 125.7M
3 Jul 2026 3 USD 15 USD 34 USD -4.2% -0.38 -92.11 72.5M
10 Jul 2026 4 USD 14 USD 33 USD 27.8% -0.44 -89.42 71.7M
17 Jul 2026 6 USD 14 USD 33 USD 44.8% -0.35 -83.12 78.3M
24 Jul 2026 6 USD 13 USD 32 USD 9.9% -0.10 -79.89 26.6M