Defiance Daily Target 2X Long LMND ETF (LMNX)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
16.60 USD
-1.70
(-9.290%) ⇩
(July 15, 2026, 12:13 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 4:45 a.m. EDT
The immediate outlook is severely compromised by the instrument's nature as a leveraged daily product. The price history reveals a catastrophic failure of the compounding mechanism: despite a massive surge from roughly $13 to nearly $24 in late June, the asset has collapsed back to the low teens by July 10th. This violent whipsaw indicates that the 'daily reset' feature has eroded significant capital, leaving the security with a precarious position far below its recent highs and well below its 200-day average. The statistical forecast model, which explicitly warns of low confidence and wide intervals, correctly identifies the noise inherent in such volatile, leveraged structures, offering no reliable directional edge for a standard investor. Without a clear trend to ride and with the compounding drag evident in the recent price action, there is no safe entry point in the near term. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.233842 |
| AutoETS | 0.257997 |
| AutoARIMA | 0.258003 |
| MSTL | 0.264560 |
| MSTL_23 | 0.289870 |
Forecast horizon: 60 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 32% |
| H-stat | 0.91 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.054 |
| Excess Kurtosis | -0.70 |
| Attribute | Value |
|---|---|
| All Time High | 55.0 |
| All Time Low | 10.166 |
| Ask | 20.99 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 48,680 |
| Average Daily Volume3 Month | 35,608 |
| Average Volume | 35,608 |
| Average Volume10Days | 48,680 |
| Beta3 Year | 0.0 |
| Bid | 13.69 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 18.06 |
| Day Low | 16.6 |
| Display Name | Luminex |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 14.1742 |
| Fifty Day Average Change | 2.4258003 |
| Fifty Day Average Change Percent | 0.17114195 |
| Fifty Two Week Change Percent | 13.397074 |
| Fifty Two Week High | 55.0 |
| Fifty Two Week High Change | -38.4 |
| Fifty Two Week High Change Percent | -0.69818187 |
| Fifty Two Week Low | 10.166 |
| Fifty Two Week Low Change | 6.434 |
| Fifty Two Week Low Change Percent | 0.6328939 |
| Fifty Two Week Range | 10.166 - 55.0 |
| First Trade Date Milliseconds | 1,760,621,400,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Defiance ETFs LLC |
| Fund Inception Date | 1,760,486,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-10-16 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed exchange traded fund (“ETF”) that attempts to achieve two times (200%) the daily percentage change in the share price of the Underlying Security by employing derivatives, namely swap agreements and/or listed options contracts. The fund manager has adopted a policy to have at least 80% exposure to financial instruments with economic characteristics that should perform 2X the daily performance of the Underlying Security’s shares. The fund is non-diversified. |
| Long Name | Defiance Daily Target 2X Long LMND ETF |
| Market | us_market |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_1955613931 |
| Nav Price | 18.4794 |
| Net Assets | 6,893,890.0 |
| Net Expense Ratio | 1.31 |
| Open | 18.06 |
| Previous Close | 18.3 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -1.6999989 |
| Regular Market Change Percent | -9.289611 |
| Regular Market Day High | 18.06 |
| Regular Market Day Low | 16.6 |
| Regular Market Day Range | 16.6 - 18.06 |
| Regular Market Open | 18.06 |
| Regular Market Previous Close | 18.3 |
| Regular Market Price | 16.6 |
| Regular Market Time | 1,784,131,996 |
| Regular Market Volume | 12,244 |
| Short Name | Defiance Daily Target 2x Long L |
| Source Interval | 15 |
| Symbol | LMNX |
| Total Assets | 6,893,890 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -9.70851 |
| Trailing Three Month Returns | -9.70851 |
| Triggerable | 1 |
| Two Hundred Day Average | 23.545357 |
| Two Hundred Day Average Change | -6.9453564 |
| Two Hundred Day Average Change Percent | -0.29497775 |
| Type Disp | ETF |
| Volume | 12,244 |
| Ytd Return | -44.69583 |