eToro's 15min chart triggers MACD Death Cross and KDJ Death Cross signals.

Based on the 15-minute chart of eToro, the Moving Average Convergence Divergence (MACD) indicator has triggered a death cross, and the KDJ indicator has also exhibited a death cross at 12:15 on September 3, 2025. This technical analysis suggests that the stock price is poised to continue its downward trajectory, with the momentum of the stock price shifting towards the downside and potentially leading to further decreases.

New York, Sept. 03, 2025 (GLOBE NEWSWIRE) -- GraniteShares, a leading provider of exchange traded funds (ETFs), has announced the launch of two new leveraged single-stock ETFs: GraniteShares 2x Long ETOR Daily ETF (ETRL) and GraniteShares 2x Long BULL Daily ETF (BULX). These ETFs provide investors with daily leveraged exposure to eToro Group Ltd. (ETOR) and Webull Corporation (BULL), respectively.

ETRL and BULX: New Tools for Tactical Traders

The new ETFs, ETRL and BULX, aim to deliver daily investment results that correspond to 200% of the daily percentage change of their respective underlying stocks. Designed for investors seeking short-term trading opportunities, these ETFs are suitable for tactical traders who wish to capitalize on daily movements in eToro and Webull.

Underlying Companies: eToro Group Ltd. and Webull Corporation

- eToro Group Ltd. (ETOR): Founded in 2006, eToro operates a multi-asset social investment platform offering trading in equities, commodities, currencies, and cryptocurrencies. It also provides features like portfolio copying, eToro Academy, eToro Club, and eToro Money.

- Webull Corporation (BULL): A digital investment platform providing access to U.S.-listed stocks, ETFs, ADRs, and options, Webull offers fractional share trading via its app. It also offers cash sweep products, robo-advisory services, retirement accounts, and portfolio management tools.

GraniteShares' Commitment to Innovation

Will Rhind, Founder of GraniteShares, commented, "We continue to expand our suite of leveraged ETFs to meet the demand for high-conviction trading opportunities. With the launch of ETRL and BULX, we are providing investors with targeted tools to access some of the most exciting companies in financial services, online brokerage, and digital investing."

Risks and Considerations

Investors should be aware of the risks associated with leveraged ETFs. These funds are designed for short-term trading and are not suitable for long-term investors. The use of leverage magnifies both gains and losses, and the funds are subject to daily rebalancing, which can lead to significant volatility.

Technical Analysis: eToro's Downward Trajectory

Based on the 15-minute chart of eToro, the Moving Average Convergence Divergence (MACD) indicator has triggered a death cross, and the KDJ indicator has also exhibited a death cross at 12:15 on September 3, 2025. This technical analysis suggests that eToro's stock price is poised to continue its downward trajectory, with momentum shifting towards the downside and potentially leading to further decreases.

Conclusion

GraniteShares' launch of ETRL and BULX provides investors with new tools to engage in short-term trading strategies involving eToro and Webull. However, investors should carefully consider the risks associated with leveraged ETFs and ensure that these investments align with their overall portfolio strategy and risk tolerance.

References

[1] https://www.morningstar.com/news/globe-newswire/9521919/graniteshares-launches-etoro-and-webull-leveraged-single-stock-etfs-etrl-bulx