Free Daily Analysis
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.
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MarketClub’s Trade Triangles for CWEB
The long-term trend has been UP since May 31st, 2022 at 13.7901
The intermediate-term trend has been DOWN since Jul 11th, 2022 at 66.0700
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).
| 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 High | 69.08 | Year High Date | 2018-01-26 |
| Year Low | 19.76 | Year Low Date | 2018-10-30 |
| 52wk High | 267.95 | 52wk High Date | 2021-09-07 |
| 52wk Low | 35.5 | 52wk Low Date | 2022-03-15 |
| Average Volume | 468,908 | Shares Outstanding | 2,245 |
| Volatility | 106.43 |