Leverage Shares 2X Long ECHO Daily ETF (ECHX)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
7.55 USD
+0.04
(0.478%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 7.55 |
Hot Take ↕ | Aug. 22, 2026, 5:46 a.m. EDT
The 2X leveraged nature of this ETF is currently working decisively against the holder, dragging the price down nearly 70% from its yearly highs. The recent price action shows a brutal grind lower, failing to find support and trading well below both the 50-day and 200-day moving averages. While the statistical forecast model offers a faint, low-confidence hint of a slight upward drift over the next month, this is statistically insignificant noise that cannot override the overwhelming bearish sentiment visible in the options chain. Traders are aggressively buying protection at lower levels while offering almost no leverage for a bounce. With no dividend income to offset the capital loss and a massive gap between current prices and historical highs, the instrument remains in a deep correction phase with no immediate signs of recovery. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.094926 |
| AutoARIMA | 0.186216 |
| AutoETS | 0.191909 |
| MSTL | 0.202524 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 36% |
| H-stat | 3.52 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.614 |
| Excess Kurtosis | -0.71 |
| Attribute | Value |
|---|---|
| Previous Name | Themes ETF Trust - Leverage Shares 2x Long SATS Daily ETF |
As of Aug. 22, 2026, 5:46 a.m. EDT: Speculators are overwhelmingly positioning for a continued decline. Call volume is negligible compared to put volume, with zero out-of-the-money call interest and minimal in-the-money call activity. Conversely, put buyers have established significant open interest at strikes significantly below the current price (e.g., $12 and $14 for September expiration), creating a dense wall of resistance against any rally. Implied volatility is elevated on the downside strikes, indicating fear of further drops.
| Attribute | Value |
|---|---|
| All Time High | 24.99 |
| All Time Low | 7.02 |
| Ask | 7.98 |
| Ask Size | 5 |
| Average Daily Volume10 Day | 42,950 |
| Average Daily Volume3 Month | 392,315 |
| Average Volume | 392,315 |
| Average Volume10Days | 42,950 |
| Beta3 Year | 0.0 |
| Bid | 7.81 |
| Bid Size | 36 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 7.6 |
| Day Low | 7.22 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 8.91682 |
| Fifty Day Average Change | -1.3709197 |
| Fifty Day Average Change Percent | -0.15374537 |
| Fifty Two Week Change Percent | -49.42359 |
| Fifty Two Week High | 24.99 |
| Fifty Two Week High Change | -17.4441 |
| Fifty Two Week High Change Percent | -0.6980432 |
| Fifty Two Week Low | 7.02 |
| Fifty Two Week Low Change | 0.5258999 |
| Fifty Two Week Low Change Percent | 0.074914515 |
| Fifty Two Week Range | 7.02 - 24.99 |
| First Trade Date Milliseconds | 1,765,895,400,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | 0.0358996 |
| Fullday Change Percent | 0.478024 |
| Fullday Price | 7.5459 |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,765,756,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests at least 80% of its net assets (plus borrowings for investment purposes) in financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of SATS, consistent with the fund’s investment objective. It is non-diversified. |
| Long Name | Leverage Shares 2X Long ECHO Daily ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1969884842 |
| Name Change Date | 2,026-08-28 |
| Nav Price | 7.5132 |
| Net Assets | 14,605,808.0 |
| Net Expense Ratio | 0.75 |
| Open | 7.56 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 7.5459 |
| Post Market Time | 1,787,947,804 |
| Prev Name | Themes ETF Trust - Leverage Shares 2x Long SATS Daily ETF |
| Previous Close | 7.51 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.03589964 |
| Regular Market Change Percent | 0.47802445 |
| Regular Market Day High | 7.6 |
| Regular Market Day Low | 7.22 |
| Regular Market Day Range | 7.22 - 7.6 |
| Regular Market Open | 7.56 |
| Regular Market Previous Close | 7.51 |
| Regular Market Price | 7.5459 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 18,940 |
| Short Name | Leverage Shares 2X Long ECHO Da |
| Source Interval | 15 |
| Symbol | ECHX |
| Total Assets | 14,605,808 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -59.02776 |
| Trailing Three Month Returns | -59.02776 |
| Triggerable | 1 |
| Two Hundred Day Average | 15.011779 |
| Two Hundred Day Average Change | -7.465879 |
| Two Hundred Day Average Change Percent | -0.49733472 |
| Type Disp | ETF |
| Volume | 18,940 |
| Ytd Return | -55.06905 |