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

Grade Last Price % Change Price Change
C 71.6 -9.86% -7.83
CWEB closed down 9.86 percent on Thursday, March 4, 2021, on 2.36 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. 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 CWEB trend table...

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
MACD Bearish Centerline Cross Bearish 0.00%
Multiple of Ten Bullish Other 0.00%
Wide Bands Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
50 DMA Support Bullish -9.86%
Older End-of-Day Signals for CWEB ...

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

Alert Time
Down 10% about 19 hours ago
60 Minute Opening Range Breakdown about 19 hours ago
Lower Bollinger Band Support about 21 hours ago
3x Volume Pace about 22 hours ago
2x Volume Pace about 22 hours ago
View Earlier Intraday Alerts

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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.
Classification

Keywords: Exchange Traded Fund ETF Exchange Traded Funds Leveraged ETF Ultra ETF Inverse Exchange Traded Fund Csi Direxion Internet Index Television Series Television Programs

Top 10 Components

Symbol Grade Price % Change Allocation
KWEB C 0.00 13.51
View All CWEB Holdings

Is CWEB 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 110.93
52 Week Low 17.0
Average Volume 75,821
200-Day Moving Average 56.72
50-Day Moving Average 79.43
20-Day Moving Average 93.22
10-Day Moving Average 86.18
Average True Range 6.15
ADX 30.91
+DI 22.69
-DI 43.88
Chandelier Exit (Long, 3 ATRs ) 92.48
Chandelier Exit (Short, 3 ATRs ) 87.87
Upper Bollinger Band 113.96
Lower Bollinger Band 72.47
Percent B (%b) -0.02
BandWidth 44.51
MACD Line -0.86
MACD Signal Line 2.84
MACD Histogram -3.7038
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 83.30
Resistance 3 (R3) 83.87 80.55 81.35
Resistance 2 (R2) 80.55 77.57 80.26 80.70
Resistance 1 (R1) 76.07 75.73 74.41 75.50 80.05
Pivot Point 72.75 72.75 71.92 72.46 72.75
Support 1 (S1) 68.27 69.77 66.61 67.70 63.15
Support 2 (S2) 64.95 67.93 64.66 62.50
Support 3 (S3) 60.47 64.95 61.85
Support 4 (S4) 59.90