🇺🇸 United States ETF Radar · NYSEARCA

MRNX

DEFIANCE DAILY TARGET 2X LONG MRNA ETF

Leveraged · Unclassified · Unclassified

Risk watch
Recent price path MRNX recent weekly close path 24 USD 24 Jul 2026
Weekly Return -24.4% latest completed week
4-Week Return -39.8% short momentum
Trend Gap - Trend negative
Fair Gap -14.2% vs fair value
Volume 0.5x 92.6K latest
Market Dynamics 0.00 negative
Relative Strength - vs country ETF tape
Opportunity -28.0 composite radar score
Risk 70.0 -56.8% drawdown · 21.7% volatility
Price Action

Price, Trend Line, Fair Value

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

Pressure, strength, volume

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

What it shows

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.

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

The latest week moved -24.4%; the four-week move is -39.8%, which helps separate one-week noise from actual follow-through.

Trend is negative, volume is running at 0.5x, 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 DLLL · NASDAQ GRANITESHARES 2X LONG DELL DAILY ETF 🇺🇸 United States · Leveraged Trend and recent returns are aligned, so demand is still moving in the same direction. Week 20.3% 4W 16.9% Vol 1.4x 20.3% 2 NRGU · NYSEARCA MICROSECTORS U.S. BIG OIL 3 LEVERAGED ETNS DUE FEBRUARY 17, 2045 🇺🇸 United States · Leveraged Trend and recent returns are aligned, so demand is still moving in the same direction. Week 7.7% 4W 47.1% Vol 1.1x 7.7% 3 RTXG · NASDAQ Leverage Shares 2X Long RTX Daily ETF 🇺🇸 United States · Leveraged Fresh Market Dynamics buy signal; check whether price follow-through is confirming the setup. Week 20.0% 4W 26.2% Vol 1.1x 20.0% 4 MULL · NASDAQ GRANITESHARES 2X LONG MU DAILY ETF 🇺🇸 United States · Leveraged Risk is elevated; weak trend or recent selling pressure is dominating the ETF tape. Week 14.5% 4W -38.3% Vol 2.3x 14.5% 5 BNKU · NYSEARCA MICROSECTORS U.S. BIG BANKS 3 LEVERAGED ETNS DUE FEBRUARY 17, 2045 🇺🇸 United States · Leveraged Trend and recent returns are aligned, so demand is still moving in the same direction. Week 1.2% 4W 12.6% Vol 0.6x 1.2% 6 AAPU · NASDAQ DIREXION DAILY AAPL BULL 2X SHARES 🇺🇸 United States · Leveraged Leveraged or inverse exposure; useful for tactical pressure, but risk can move quickly. Week -0.7% 4W 36.5% Vol 0.7x -0.7% 7 MUU · NASDAQ DIREXION DAILY MU BULL 2X SHARES 🇺🇸 United States · Leveraged Risk is elevated; weak trend or recent selling pressure is dominating the ETF tape. Week 14.8% 4W -38.7% Vol 4.7x 14.8% 8 AAPB · NASDAQ GRANITESHARES 2X LONG AAPL DAILY ETF 🇺🇸 United States · Leveraged Leveraged or inverse exposure; useful for tactical pressure, but risk can move quickly. Week -1.0% 4W 35.1% Vol 0.9x -1.0% 9 AMUU · NASDAQ DIREXION DAILY AMD BULL 2X SHARES 🇺🇸 United States · Leveraged Leveraged or inverse exposure; useful for tactical pressure, but risk can move quickly. Week 10.2% 4W -4.5% Vol 0.6x 10.2% 10 AAPX · CBOE T-REX 2X LONG APPLE DAILY TARGET ETF 🇺🇸 United States · Leveraged Leveraged or inverse exposure; useful for tactical pressure, but risk can move quickly. Week -0.6% 4W 37.5% Vol 0.6x -0.6%
Latest Event

Historical signal events

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

No recent signal events in the available weekly history.

MRNX

Recent weekly tape

Week Close Trend Line Fair Value Weekly Return Market Dynamics RS Volume
6 Feb 2026 19 USD - 19 USD % - - 36.2K
13 Feb 2026 20 USD - 19 USD 5.0% - - 195.3K
20 Feb 2026 27 USD - 22 USD 37.9% - - 77.0K
27 Feb 2026 31 USD - 24 USD 14.4% 0.00 - 53.5K
6 Mar 2026 29 USD - 25 USD -6.9% 0.00 - 96.1K
13 Mar 2026 29 USD - 26 USD -0.5% 0.00 - 57.5K
20 Mar 2026 27 USD - 26 USD -5.4% 0.00 - 18.8K
27 Mar 2026 25 USD - 26 USD -7.6% 0.00 - 12.9K
3 Apr 2026 24 USD - 26 USD -2.7% 0.00 - 9.1K
10 Apr 2026 26 USD - 26 USD 7.5% 0.00 - 7.2K
17 Apr 2026 29 USD - 26 USD 9.6% 0.00 - 25.5K
24 Apr 2026 26 USD - 26 USD -11.3% 0.00 - 49.6K
1 May 2026 20 USD - 26 USD -20.9% 0.00 - 43.0K
8 May 2026 28 USD - 26 USD 40.2% 0.00 - 232.4K
15 May 2026 23 USD - 26 USD -19.2% 0.00 - 396.8K
22 May 2026 21 USD - 25 USD -9.2% 0.00 - 86.1K
29 May 2026 21 USD - 25 USD 1.0% 0.00 - 91.9K
5 Jun 2026 21 USD - 25 USD -0.9% 0.00 - 150.5K
12 Jun 2026 23 USD - 25 USD 9.0% 0.00 - 63.9K
19 Jun 2026 37 USD - 25 USD 61.1% 0.00 - 156.9K
26 Jun 2026 40 USD - 26 USD 8.3% 0.00 - 284.2K
3 Jul 2026 55 USD - 27 USD 39.1% 0.00 - 230.6K
10 Jul 2026 39 USD - 28 USD -29.2% 0.00 - 300.7K
17 Jul 2026 32 USD - 28 USD -19.2% 0.00 - 104.2K
24 Jul 2026 24 USD - 28 USD -24.4% 0.00 - 92.6K