DRX DLY CHINA A-SHR BULL 2X (CHAU) Stock Technical Analysis
NYSEARCA:CHAU - NYSE Arca - US25490K8696 - ETF - Currency: USD
Taking everything into account, CHAU scores 2 out of 10 in our technical rating. In the past year, CHAU was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
61% of all other stocks performed better in the past year than CHAU.
CHAU is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month CHAU has a been trading in the 12.86 - 13.99 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Considerably lower volume is observed in the last couple of days.
CHAU has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
11.24
16.03
3 important support areas can be observed.
- A support zone ranging from 13.40 to 13.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 12.81 to 13.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.35 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @14.63 from a trend line in the daily time frame.
- A resistance zone ranging from 15.87 to 15.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.29
Mansfield-0.28
10 Day High13.99
10 Day Low13.06
20 Day High13.99
20 Day Low12.86
52 Week High28.25
52 Week Low10.88
Performance
1 Week0.58%
2 Weeks3.43%
1 Month9.54%
3 Month-3.54%
6 Month-15.15%
12 Month-7.15%
2 Year-22.05%
3 Year-42.91%
5 Year-27.51%
10 Year-71.39%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.12
RSI(14)54.96
LBB13.01
UBB14.09
13.89
-0.04 (-0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.29%
1 Week0.58%
2 Weeks3.43%
1 Month9.54%
3 Month-3.54%
6 Month-15.15%
12 Month-7.15%
2 Year-22.05%
3 Year-42.91%
5 Year-27.51%
10 Year-71.39%
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%1.78%
ATR Inc-5.98%
Range Today0.09
ADR(20)0.17
ADR(20)%1.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.29
Mansfield-0.28
10 Day High13.99
10 Day Low13.06
20 Day High13.99
20 Day Low12.86
52 Week High28.25
52 Week Low10.88
CS1 End13.78
CR1 Start14.63
Volume & EV
DER(3)-2.07%
DER(5)1.44%
Volume279.00K
Volume Incr-60.85%
Vol(5)304.96K
Vol(50)644.43K