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

Grade Last Price % Change Price Change
grade B 19.66 -1.50% -0.30
CHAU closed down 1.5 percent on Thursday, February 21, 2019, on 1.28 times normal volume. 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.

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

Date Alert Name Type % Chg
Feb 21 Slingshot Bullish Bullish Swing Setup 0.00%
Feb 21 Overbought Stochastic Strength 0.00%
Feb 20 Pocket Pivot Bullish Swing Setup -1.50%
Feb 20 Upper Bollinger Band Walk Strength -1.50%
Feb 20 Multiple of Ten Bearish Other -1.50%
Feb 20 Above Upper BB Strength -1.50%
Feb 20 Overbought Stochastic Strength -1.50%
Feb 19 Crossed Above 200 DMA Bullish -0.71%
Feb 19 New Uptrend Bullish -0.71%
Feb 19 Expansion Breakout Bullish Swing Setup -0.71%

Older signals for CHAU ...

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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.
Stock Market Index Stock Market Indices Fundamentally Based Indexes Capitalism Shanghai Shenzhen Csi 300 Index
Is CHAU a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 33.07
52 Week Low 13.9
Average Volume 243,830
200-Day Moving Average 19.1165
50-Day Moving Average 16.3732
20-Day Moving Average 17.883
10-Day Moving Average 18.586
Average True Range 0.4986
ADX 27.9
+DI 52.7744
-DI 21.0705
Chandelier Exit (Long, 3 ATRs ) 18.6542
Chandelier Exit (Short, 3 ATRs ) 17.3458
Upper Bollinger Band 19.9648
Lower Bollinger Band 15.8012
Percent B (%b) 0.93
BandWidth 23.282447
MACD Line 0.9108
MACD Signal Line 0.7169
MACD Histogram 0.1939
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 20.10
Resistance 3 (R3) 20.12 19.99 20.03
Resistance 2 (R2) 19.99 19.88 19.98 20.00
Resistance 1 (R1) 19.83 19.81 19.76 19.81 19.98
Pivot Point 19.70 19.70 19.66 19.69 19.70
Support 1 (S1) 19.53 19.58 19.47 19.51 19.34
Support 2 (S2) 19.40 19.51 19.39 19.32
Support 3 (S3) 19.24 19.40 19.29
Support 4 (S4) 19.22