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Stock Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

Direxion Daily CSI China Internet Index Bull 2X Shares (PACF:CWEB)

Sidelines Mode (-55) - CWEB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

PACF_CWEB
Open High Low CWEB Price Change
52.76 53.50 52.34 52.68 -2.37
Entry Signal

MarketClub’s Trade Triangles for CWEB

long term up The long-term trend has been UP since May 31st, 2022 at 13.7901

intermediate term down The intermediate-term trend has been DOWN since Jul 11th, 2022 at 66.0700

short term up The short-term trend has been UP since Aug 11th, 2022 at 54.6200

Smart Scan Analysis for CWEB

Based on our trend formula, CWEB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CWEB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.76 53.50 52.34 52.68 -2.37
Prev. Close Volume Bid Ask Time
55.05 237105 2022-08-16 15:59:50
Year High69.08Year High Date2018-01-26
Year Low19.76Year Low Date2018-10-30
52wk High267.9552wk High Date2021-09-07
52wk Low35.552wk Low Date2022-03-15
Average Volume468,908Shares Outstanding2,245
Volatility106.43
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