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Stock Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
Direxion Daily CSI China Internet Index Bull 2X Shares (PACF:CWEB)
Strong Downtrend (-100) - CWEB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, CWEB continues to fall. Traders should use caution and set stops.
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 DOWN since Mar 9th, 2023 at 43.57
The intermediate-term trend has been DOWN since Dec 4th, 2023 at 33.16
The short-term trend has been DOWN since Nov 29th, 2023 at 35.31
Smart Scan Analysis for CWEB
Based on our trend formula, CWEB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 33.2300 | 33.4689 | 32.7100 | 32.8700 | -1.8000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 34.6700 | 621880 | 2023-12-04 13:55:16 |
| Year High | 69.08 | Year High Date | 2018-01-26 |
| Year Low | 19.76 | Year Low Date | 2018-10-30 |
| 52wk High | 71.688 | 52wk High Date | 2023-01-26 |
| 52wk Low | 29.51 | 52wk Low Date | 2023-10-23 |
| Average Volume | 635,147 | Shares Outstanding | 2,245 |
| Volatility | 106.43 |