Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
Direxion Daily CSI China Internet Index Bull 2X Shares (PACF:CWEB)
Bull Market Weakness (+75) - CWEB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CWEB as it may be in the beginning stages of a reversal.
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 Sep 26th, 2024 at 37.0900
The intermediate-term trend has been UP since Sep 17th, 2024 at 27.1841
The short-term trend has been UP since Oct 18th, 2024 at 41.3800
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 39.32 | 41.28 | 39.32 | 40.25 | +1.17 |
| Prev. Close | Volume | Bid | Ask | Time |
| 39.08 | 582621 | 2024-10-22 15:57:23 |
| Year High | 69.08 | Year High Date | 2018-01-26 |
| Year Low | 19.76 | Year Low Date | 2018-10-30 |
| 52wk High | 59.31 | 52wk High Date | 2024-10-07 |
| 52wk Low | 23.2 | 52wk Low Date | 2024-01-22 |
| Average Volume | 2,238,610 | Shares Outstanding | 2,245 |
| Volatility | 106.43 |