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Stock Trend Analysis Report

Prepared for you on Thursday, July 25, 2024.

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

Weak Downtrend (-65) - CWEB is showing signs of a strengthening downtrend. Monitor CWEB as it may be building momentum to the downside.

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
28.540 29.030 28.420 28.575 -0.335
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 down The intermediate-term trend has been DOWN since Jul 18th, 2024 at 30.07

short term down The short-term trend has been DOWN since Jul 15th, 2024 at 32.00

Smart Scan Analysis for CWEB

Based on our trend formula, CWEB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for CWEB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.540 29.030 28.420 28.575 -0.335
Prev. Close Volume Bid Ask Time
28.910 145595 2024-07-25 11:12:42
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 Volume380,435Shares Outstanding2,245
Volatility106.43
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