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

Grade Last Price % Change Price Change
C 42.75 -5.77% -2.62
CHAU closed down 5.77 percent on Thursday, March 4, 2021, on 1.79 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.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down
Historical CHAU trend table...

Date Alert Name Type % Chg
Wide Bands Range Expansion 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction -5.77%
Wide Bands Range Expansion -5.77%
Gapped Up Strength -5.77%
Oversold Stochastic Weakness -5.77%
Fell Below 50 DMA Bearish -4.58%
MACD Bearish Centerline Cross Bearish -4.58%
180 Bearish Setup Bearish Swing Setup -4.58%
Older End-of-Day Signals for CHAU ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 5% about 13 hours ago
60 Minute Opening Range Breakdown about 13 hours ago
60 Minute Opening Range Breakout about 16 hours ago
5x Volume Pace about 16 hours ago
3x Volume Pace about 17 hours ago
View Earlier Intraday Alerts

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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.
Classification

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

Indicators

Indicator Value
52 Week High 56.2737
52 Week Low 15.9202
Average Volume 168,326
200-Day Moving Average 34.39
50-Day Moving Average 46.79
20-Day Moving Average 49.61
10-Day Moving Average 46.81
Average True Range 1.78
ADX 25.28
+DI 27.93
-DI 48.39
Chandelier Exit (Long, 3 ATRs ) 50.93
Chandelier Exit (Short, 3 ATRs ) 47.85
Upper Bollinger Band 57.85
Lower Bollinger Band 41.38
Percent B (%b) 0.08
BandWidth 33.21
MACD Line -0.80
MACD Signal Line 0.37
MACD Histogram -1.1649
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 45.30
Resistance 3 (R3) 45.50 44.85 44.88
Resistance 2 (R2) 44.85 44.20 44.75 44.73
Resistance 1 (R1) 43.80 43.80 43.48 43.60 44.59
Pivot Point 43.15 43.15 42.99 43.05 43.15
Support 1 (S1) 42.10 42.50 41.78 41.90 40.91
Support 2 (S2) 41.45 42.10 41.35 40.77
Support 3 (S3) 40.40 41.45 40.63
Support 4 (S4) 40.20