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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.

PACF_CWEB
Open High Low CWEB Price Change
33.2300 33.4689 32.7100 32.8700 -1.8000
Entry Signal

MarketClub’s Trade Triangles for CWEB

long term down The long-term trend has been DOWN since Mar 9th, 2023 at 43.57

intermediate term down The intermediate-term trend has been DOWN since Dec 4th, 2023 at 33.16

short term down 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).

-100
Smart Scan Analysis for CWEB
Strong Downtrend Sideways 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 High69.08Year High Date2018-01-26
Year Low19.76Year Low Date2018-10-30
52wk High71.68852wk High Date2023-01-26
52wk Low29.5152wk Low Date2023-10-23
Average Volume635,147Shares Outstanding2,245
Volatility106.43
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