Technical Analysis for CHAU - Direxion Daily CSI 300 China A Share Bull 2X Shares

Grade Last Price % Change Price Change
F 12.73 -2.53% -0.33
CHAU closed down 2.53 percent on Friday, July 5, 2024, on 1.17 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Expansion Breakdown Bearish Swing Setup 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction -2.53%
Oversold Stochastic Weakness -2.53%
Narrow Range Bar Range Contraction -2.56%
Up 3 Days in a Row Strength -2.56%
Gapped Down Weakness -2.56%
Oversold Stochastic Weakness -2.56%
Narrow Range Bar Range Contraction -2.46%

   Recent Intraday Alerts

Alert Time
Lower Bollinger Band Support about 24 hours ago
Fell Below Lower Bollinger Band about 24 hours ago
Down 3% 1 day ago
3x Volume Pace 1 day ago
Down 2 ATRs 1 day ago

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

The investment seeks daily investment results, before fees and expenses, of 200% of the performance of the CSI 300 Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in financial instruments that provide leveraged and unleveraged exposure to the CSI 300 Index ("index"). The index is a modified free-float market capitalization weighted index comprised of the largest and most liquid stocks in the Chinese A-share market.
Classification

Keywords: Exchange Traded Fund ETF Stock Market Index Leveraged ETF Ultra ETF Fundamentally Based Indexes Csi Csi 300 Index Shanghai Shenzhen Csi 300 Index

Top 10 Components

Symbol Grade Price % Change Allocation
ASHR D -1.31 47.74

Is CHAU a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 19.5601
52 Week Low 11.202
Average Volume 94,177
200-Day Moving Average 13.94
50-Day Moving Average 14.07
20-Day Moving Average 13.36
10-Day Moving Average 13.01
Average True Range 0.21
RSI (14) 31.51
ADX 29.31
+DI 19.80
-DI 52.37
Chandelier Exit (Long, 3 ATRs) 13.71
Chandelier Exit (Short, 3 ATRs) 13.25
Upper Bollinger Bands 14.13
Lower Bollinger Band 12.59
Percent B (%b) 0.09
BandWidth 11.55
MACD Line -0.34
MACD Signal Line -0.32
MACD Histogram -0.0208
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.99
Resistance 3 (R3) 12.98 12.89 12.94
Resistance 2 (R2) 12.89 12.83 12.89 12.93
Resistance 1 (R1) 12.81 12.78 12.77 12.82 12.91
Pivot Point 12.72 12.72 12.70 12.72 12.72
Support 1 (S1) 12.64 12.66 12.60 12.65 12.55
Support 2 (S2) 12.55 12.61 12.55 12.53
Support 3 (S3) 12.47 12.55 12.52
Support 4 (S4) 12.48