Technical Analysis for CWEB - Direxion Daily CSI China Internet Index Bull 2X Shares

Grade Last Price % Change Price Change
grade F 20.38 -2.30% -0.48
CWEB closed down 2.3 percent on Tuesday, December 18, 2018, on 77 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical CWEB trend table...

Date Alert Name Type % Chg
Dec 18 New 52 Week Closing Low Bearish 0.00%
Dec 18 Narrow Range Bar Range Contraction 0.00%
Dec 18 NR7 Range Contraction 0.00%
Dec 18 Lower Bollinger Band Walk Weakness 0.00%
Dec 18 Stochastic Reached Oversold Weakness 0.00%
Dec 18 Below Lower BB Weakness 0.00%
Dec 18 Down 3 Days in a Row Weakness 0.00%
Dec 18 Down 4 Days in a Row Weakness 0.00%
Dec 18 Lower Bollinger Band Touch Weakness 0.00%
Dec 18 Oversold Stochastic Weakness 0.00%

Older signals for CWEB ...

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Profile
The Direxion Daily CSI China Internet Index Bull 2x Shares seeks daily investment results, before fees and expenses, of 200% of the performance of the CSI Overseas China Internet Index.
Is CWEB 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, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 69.08
52 Week Low 19.76
Average Volume 105,835
200-Day Moving Average 41.2672
50-Day Moving Average 23.3944
20-Day Moving Average 22.892
10-Day Moving Average 22.52
Average True Range 1.5615
ADX 10.93
+DI 26.0636
-DI 38.3276
Chandelier Exit (Long, 3 ATRs ) 21.8155
Chandelier Exit (Short, 3 ATRs ) 24.9845
Upper Bollinger Band 25.2038
Lower Bollinger Band 20.5802
Percent B (%b) -0.04
BandWidth 20.197449
MACD Line -0.6494
MACD Signal Line -0.4412
MACD Histogram -0.2081
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 21.55
Resistance 3 (R3) 21.65 21.37 21.36
Resistance 2 (R2) 21.37 21.07 21.32 21.29
Resistance 1 (R1) 20.87 20.88 20.73 20.77 21.22
Pivot Point 20.59 20.59 20.52 20.54 20.59
Support 1 (S1) 20.09 20.29 19.95 19.99 19.54
Support 2 (S2) 19.81 20.10 19.76 19.47
Support 3 (S3) 19.31 19.81 19.41
Support 4 (S4) 19.21