Technical Analysis for CHAD - Direxion Daily CSI 300 China A Shares Bear 1X Shares
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| D | 16.84 | 1.08% | 0.18 |
CHAD closed up 1.08 percent on Friday, February 26, 2021, on approximately normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Down | Flat | Up |
| Historical CHAD trend table... | |||
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Crossed Above 50 DMA | Bullish | 0.00% | |
| Pocket Pivot | Bullish Swing Setup | 0.00% | |
| Weak + Overbought | Other | 0.00% | |
| Gapped Up | Strength | 0.00% | |
| Overbought Stochastic | Strength | 0.00% | |
| Up 3 Days in a Row | Strength | 0.00% | |
| Up 4 Days in a Row | Strength | 0.00% | |
| Up 5 Days in a Row | Strength | 0.00% | |
| Non-ADX 1,2,3,4 Bearish | Bearish Swing Setup | 1.08% | |
| Pocket Pivot | Bullish Swing Setup | 1.08% |
Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App
| Alert | Time | |
|---|---|---|
| Rose Above Previous Day's High | 4 days ago | |
| Up 1% | 4 days ago | |
| Up 1 ATR | 4 days ago | |
| Rose Above 20 DMA | 5 days ago | |
| Rose Above Previous Day's High | 5 days ago |
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Basic chart:
The investment seeks daily investment results of 100% of the inverse of the performance of the CSI 300 Index.
The fund normally creates short positions by investing at least 80% of its assets in: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide inverse exposure to the 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. The fund is non-diversified.
Keywords: Exchange Traded Fund ETF Inverse ETF Bear Market ETF Repurchase Agreement Forward Contract Csi Csi 300 Index Shanghai Shenzhen Csi 300 Index Stoxx Europe 50
Classification
Keywords: Exchange Traded Fund ETF Inverse ETF Bear Market ETF Repurchase Agreement Forward Contract Csi Csi 300 Index Shanghai Shenzhen Csi 300 Index Stoxx Europe 50
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 32.0 |
| 52 Week Low | 15.0508 |
| Average Volume | 21,680 |
| 200-Day Moving Average | 20.73 |
| 50-Day Moving Average | 16.78 |
| 20-Day Moving Average | 16.01 |
| 10-Day Moving Average | 15.83 |
| Average True Range | 0.27 |
| ADX | 29.66 |
| +DI | 46.65 |
| -DI | 30.05 |
| Chandelier Exit (Long, 3 ATRs ) | 16.16 |
| Chandelier Exit (Short, 3 ATRs ) | 15.86 |
| Upper Bollinger Band | 17.24 |
| Lower Bollinger Band | 14.79 |
| Percent B (%b) | 0.84 |
| BandWidth | 15.28 |
| MACD Line | -0.12 |
| MACD Signal Line | -0.32 |
| MACD Histogram | 0.1983 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 17.11 | ||||
| Resistance 3 (R3) | 17.09 | 16.99 | 17.07 | ||
| Resistance 2 (R2) | 16.99 | 16.92 | 17.00 | 17.05 | |
| Resistance 1 (R1) | 16.91 | 16.88 | 16.95 | 16.93 | 17.03 |
| Pivot Point | 16.81 | 16.81 | 16.83 | 16.82 | 16.81 |
| Support 1 (S1) | 16.73 | 16.74 | 16.77 | 16.75 | 16.65 |
| Support 2 (S2) | 16.63 | 16.70 | 16.64 | 16.63 | |
| Support 3 (S3) | 16.55 | 16.63 | 16.62 | ||
| Support 4 (S4) | 16.57 |
