SNXX Tradr 2X Long SNDK Daily ETF
Trend channel, buy level and 3-month target. Information only, not financial advice.
Below the channel · 12-month channel rising
Closed below support (US$10.59). Treat the buy level with caution.
- 9-month channel
- US$10.65 – US$20.74 · rising, more than +100% a year
- 12-month channel read from
- US$10.59 – US$20.73 · rising, more than +100% a year
- Price in channel
- −38% (0% = floor, 100% = ceiling)
- Ceiling overhead
- US$20.73
- Published levels
- Buy and target are not from this channel — see below.
What broke this trend
- The fall
- -85% from US$46.1722 June 2026 → 30 Oct 2026
- Whose problem it was
- This company2 of 9 Asset Management - Leveraged peers fell with it
- Does it resolve?
- Unsettled too close to a coin toss on the record to call
- Regained so far
- 0%of what it lost
- What the record says
- 50% of 4 comparable falls came back, typically in 177 days measured on its own peer group
Fell -85% (22 June 2026 → 30 Oct 2026); regained 0% so far; company-specific.
Price history, with the path projected 3 months forward
Updated 4:05 PM ET (44 h ago)
- Daily close
- Upper trend line (9 months)
- Lower trend line (9 months)
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy now
US$6.75
last close · 30 Oct 2026
Our target
US$21.25
by 30 Jan 2027
Projected move
214.8%
gross, before costs
Last close is our buy.
Target: the projected upper line.
This move size: reached in 40% of 791 past stretches, typically in 90 days. (2.36% per day)
- Upper line touches
- 2
- Lower line touches
- 2
- Fit confidence
- 49%
- Fitted
- 1 Nov 2026
Company information
About Tradr 2X Long SNDK Daily ETF
The SNXX fund aims to generate gains by taking a bullish stance on Sandisk Corporation (NASDAQ: SNDK) shares, primarily through the use of swap agreements and listed call options. Direct investment in SNDK stock is also a possible strategy for the fund. Sandisk is a technology firm specializing in the creation, production, and supply of storage solutions leveraging NAND flash technology, with a product portfolio encompassing items like solid state drives, various memory cards, and USB flash drives. Through daily rebalancing, SNXX strives to achieve daily leveraged exposure, targeting a return equivalent to twice the daily percentage movement of SNDK's share price. It's important to note that holding the fund for more than one day may lead to returns diverging significantly from the targeted 200%, primarily due to the effects of volatility and compounding. For collateral purposes, the fund intends to allocate capital to US Government securities, money market instruments, short-term bond exchange-traded funds, and corporate debt.
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- CEO
- Parker Binion
- Country
- US
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$2.55B
- Enterprise value
- —
- Beta
- 0.00
- Avg volume
- 72.86M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 3.13875-49.34
- Exchange
- CBOE
Key ratios
- P/E (TTM)
- —
- PEG
- —
- Price / sales
- —
- Price / book
- —
- EV / EBITDA
- —
- Gross margin
- —
- Operating margin
- —
- Net margin
- —
- Current ratio
- —
- Quick ratio
- —
- Debt / equity
- —
- Interest cover
- —
Income statement
Balance sheet
Cash flow
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.