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Defiance Daily Target 2X Long IREN ETF (IRE)

NYSEArca
24.38 USD -1.10 (-4.336%) ⇩ (April 21, 2026, 10:38 a.m. EDT)

Short-term: ★☆☆☆☆ | Long-term: ★★★☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 18, 2026, 10:33 p.m. EDT

With a 26% target downside in the 45-day forecast model and a complete absence of speculative call flow above current levels, IRE presents a 'sell' signal. The instrument is a leveraged daily fund; despite the recent 100% rally visible in the price history, the momentum is visibly breaking down with no speculator interest supporting further upside. The revised lower strike prices in the data are inconsistent with the recent spike to $25.84 unless they reflect a liquidation of the 2X position itself.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.449794
AutoETS0.710923
AutoARIMA0.710929
MSTL0.784678

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 51%
H-stat 2.89
Ljung-Box p 0.000
Jarque-Bera p 0.046
Excess Kurtosis 0.55

As of April 18, 2026, 10:33 p.m. EDT: Options data shows a distinct lack of call activity at strikes above the current price of ~$25. The April 17 expiration features an ATM anchor at $25 with volume spikes, but no OTM calls above 25. Put activity remains concentrated well below parity (strikes 3, 4, 7), with very low trading volume and few option contracts open at current or higher strikes. This asymmetry suggests traders are positioning for downside protection or a return to lower levels rather than a breakout above recent highs.


Info Dump

Attribute Value
All Time High 124.68
All Time Low 10.56
Ask 24.47
Ask Size 500
Average Daily Volume10 Day 5,511,300
Average Daily Volume3 Month 5,944,702
Average Volume 5,944,702
Average Volume10Days 5,511,300
Bid 24.42
Bid Size 1,200
Crypto Tradeable 0
Currency USD
Current Price 24.375
Custom Price Alert Confidence HIGH
Day High 25.48
Day Low 23.82
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 20.4196
Fifty Day Average Change 3.9554005
Fifty Day Average Change Percent 0.19370608
Fifty Two Week Change Percent -63.371754
Fifty Two Week High 124.68
Fifty Two Week High Change -100.305
Fifty Two Week High Change Percent -0.8044995
Fifty Two Week Low 10.56
Fifty Two Week Low Change 13.815
Fifty Two Week Low Change Percent 1.3082385
Fifty Two Week Range 10.56 - 124.68
First Trade Date Milliseconds 1,761,053,400,000
Full Exchange Name NYSEArca
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Long Name Defiance Daily Target 2X Long IREN ETF
Market us_market
Market State REGULAR
Max Age 86,400
Message Board Id finmb_1962728068
Open 25.48
Previous Close 25.42
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -1.1049995
Regular Market Change Percent -4.3360524
Regular Market Day High 25.48
Regular Market Day Low 23.82
Regular Market Day Range 23.82 - 25.48
Regular Market Open 25.48
Regular Market Previous Close 25.42
Regular Market Price 24.375
Regular Market Time 1,776,782,291
Regular Market Volume 1,571,191
Short Name Defiance Daily Target 2X Long I
Source Interval 15
Symbol IRE
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 36.619194
Two Hundred Day Average Change -12.244194
Two Hundred Day Average Change Percent -0.33436546
Type Disp Equity
Volume 1,571,191