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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

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

Crossroads (+60) - CWEB is struggling to move into a solid trend. Beware of choppy markets 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.

PACF_CWEB
Open High Low CWEB Price Change
29.88 30.38 29.84 29.90 +0.35
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 up The intermediate-term trend has been UP since Feb 16th, 2024 at 28.80

short term up The short-term trend has been UP since Mar 28th, 2024 at 30.13

Smart Scan Analysis for CWEB

Based on our trend formula, CWEB is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for CWEB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.88 30.38 29.84 29.90 +0.35
Prev. Close Volume Bid Ask Time
29.93 522883 2024-03-28 15:59:50
Year High69.08Year High Date2018-01-26
Year Low19.76Year Low Date2018-10-30
52wk High53.63552wk High Date2023-03-30
52wk Low23.252wk Low Date2024-01-22
Average Volume546,698Shares Outstanding2,245
Volatility106.43
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