GraniteShares 2x Long MSFT Daily ETF Price & Performance (MSFL)

The Graniteshares 2x Long MSFT Daily ETF (MSFL) has climbed 24.45% in the past two weeks, closing at $23.67 on May 9. Despite this rally, analysts caution that falling trading volume could signal an upcoming correction. The ETF remains highly volatile, with a daily swing of 2.10%.12

Leveraged ETFs, such as those tracking Microsoft, Tesla, and Nvidia, have seen increased trading amid heightened market volatility. Investors are split between bullish and bearish positions, seeking to capitalize on sharp tech sector moves. However, experts warn that these products carry significant risk, especially during turbulent periods.34

Technical indicators show the MSFL ETF is currently overbought, with an RSI of 96. While short-term signals remain positive, high volatility and recent divergence between price and volume suggest a correction may be imminent. Traders are advised to monitor support at $22.28 and consider risk controls.12