Stock Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Direxion Daily CSI 300 China A Shares Bear 1X Shares (PACF:CHAD)
Bear Market Rally (-75) - CHAD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CHAD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CHAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHAD
The long-term trend has been DOWN since Oct 22nd, 2021 at 16.48
The intermediate-term trend has been DOWN since Oct 13th, 2021 at 16.77
The short-term trend has been UP since Oct 27th, 2021 at 16.55
Smart Scan Analysis for CHAD
Based on our trend formula, CHAD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||41.12||Year High Date||2018-10-18|
|Year Low||27.671||Year Low Date||2018-01-26|
|52wk High||20.53||52wk High Date||2020-10-28|
|52wk Low||15.0508||52wk Low Date||2021-02-17|
|Average Volume||15,249||Shares Outstanding||7,850|