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Stock Trend Analysis Report

Prepared for you on Thursday, December 5, 2024.

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
35.4400 35.4400 34.1931 34.5900 -1.1200
Entry Signal

MarketClub’s Trade Triangles for CWEB

long term up The long-term trend has been UP since Sep 26th, 2024 at 37.09

intermediate term down The intermediate-term trend has been DOWN since Nov 12th, 2024 at 37.41

short term up The short-term trend has been UP since Nov 27th, 2024 at 33.64

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
35.4400 35.4400 34.1931 34.5900 -1.1200
Prev. Close Volume Bid Ask Time
34.5600 309025 2024-12-04 15:59:51
Year High69.08Year High Date2018-01-26
Year Low19.76Year Low Date2018-10-30
52wk High59.3152wk High Date2024-10-07
52wk Low23.252wk Low Date2024-01-22
Average Volume645,447Shares Outstanding2,245
Volatility106.43
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