Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Direxion Daily CSI 300 China A Share Bull 2X Shares (PACF:CHAU)
Countertrend Up (+85) - CHAU is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid CHAU?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHAU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CHAU
The long-term trend has been UP since Mar 11th, 2024 at 14.6400
The intermediate-term trend has been UP since Apr 29th, 2024 at 14.2600
The short-term trend has been DOWN since May 8th, 2024 at 14.9118
Smart Scan Analysis for CHAU
Based on our trend formula, CHAU is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15.0500 | 15.1199 | 15.0100 | 15.1163 | +0.4263 |
| Prev. Close | Volume | Bid | Ask | Time |
| 14.6900 | 92380 | 2024-05-09 13:18:46 |
| Year High | 37.5272 | Year High Date | 2018-01-26 |
| Year Low | 14.4219 | Year Low Date | 2018-10-18 |
| 52wk High | 20.96 | 52wk High Date | 2023-05-10 |
| 52wk Low | 11.3011 | 52wk Low Date | 2024-02-02 |
| Average Volume | 135,838 | Shares Outstanding | 2,600 |
| Volatility | 74.62 |