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Stock Trend Analysis Report

Prepared for you on Friday, July 12, 2024.

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

Long-Term Uptrend (+90) - CWEB is in a strong uptrend that is likely to continue. While CWEB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
35.17 35.59 34.23 34.24 +0.35
Entry Signal

MarketClub’s Trade Triangles for CWEB

long term up The long-term trend has been UP since Apr 24th, 2024 at 33.15

intermediate term up The intermediate-term trend has been UP since Jul 12th, 2024 at 35.31

short term up The short-term trend has been UP since Jul 3rd, 2024 at 31.15

Smart Scan Analysis for CWEB

Based on our trend formula, CWEB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for CWEB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.17 35.59 34.23 34.24 +0.35
Prev. Close Volume Bid Ask Time
33.89 490414 2024-07-12 15:58:53
Year High69.08Year High Date2018-01-26
Year Low19.76Year Low Date2018-10-30
52wk High49.7152wk High Date2023-07-31
52wk Low23.252wk Low Date2024-01-22
Average Volume304,358Shares Outstanding2,245
Volatility106.43
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