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Stock Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Direxion Daily CSI China Internet Index Bull 2X Shares (PACF:CWEB)
Strong Downtrend (-100) - CWEB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CWEB continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CWEB?
MarketClub looks at technical strength and momentum to determine if the timing is right for CWEB.
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 CWEB
The long-term trend has been DOWN since Mar 9th, 2023 at 43.57
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 28.70
The short-term trend has been DOWN since Apr 12th, 2024 at 31.00
Smart Scan Analysis for CWEB
Based on our trend formula, CWEB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 28.2600 | 28.7600 | 28.2300 | 28.2442 | +0.3042 |
| Prev. Close | Volume | Bid | Ask | Time |
| 27.9400 | 187345 | 2024-04-18 13:31:41 |
| Year High | 69.08 | Year High Date | 2018-01-26 |
| Year Low | 19.76 | Year Low Date | 2018-10-30 |
| 52wk High | 49.71 | 52wk High Date | 2023-07-31 |
| 52wk Low | 23.2 | 52wk Low Date | 2024-01-22 |
| Average Volume | 311,185 | Shares Outstanding | 2,245 |
| Volatility | 106.43 |