Technical Analysis for CHAD - Direxion Daily CSI 300 China A Shares Bear 1X Shares

Grade Last Price % Change Price Change
grade F 27.82 0.43% 0.12
CHAD closed up 0.43 percent on Thursday, April 18, 2019, on 74 percent of 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.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical CHAD trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction 0.43%
Oversold Stochastic Weakness 0.43%
Stochastic Reached Oversold Weakness -0.18%
Gapped Down Weakness -0.18%
Oversold Stochastic Weakness -0.18%
Narrow Range Bar Range Contraction -2.86%
Gapped Up Strength -2.86%
Narrow Range Bar Range Contraction -0.64%

Older signals for CHAD ...

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Profile
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.
Exchange Traded Fund Futures Contract Short Stoxx Europe 50 Shanghai Shenzhen Csi 300 Index
Is CHAD a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 41.12
52 Week Low 27.52
Average Volume 36,311
200-Day Moving Average 35.8127
50-Day Moving Average 30.7512
20-Day Moving Average 28.7377
10-Day Moving Average 27.988
Average True Range 0.5404
ADX 28.75
+DI 30.0965
-DI 45.3734
Chandelier Exit (Long, 3 ATRs ) 29.1688
Chandelier Exit (Short, 3 ATRs ) 29.1412
Upper Bollinger Band 30.9086
Lower Bollinger Band 26.5668
Percent B (%b) 0.29
BandWidth 15.108377
MACD Line -0.8593
MACD Signal Line -0.9526
MACD Histogram 0.0933
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 28.06
Resistance 3 (R3) 28.06 27.98 28.02
Resistance 2 (R2) 27.98 27.92 27.98 28.01
Resistance 1 (R1) 27.90 27.88 27.94 27.90 27.99
Pivot Point 27.82 27.82 27.84 27.82 27.82
Support 1 (S1) 27.74 27.76 27.78 27.74 27.65
Support 2 (S2) 27.66 27.72 27.66 27.63
Support 3 (S3) 27.58 27.66 27.62
Support 4 (S4) 27.58