DRX DLY CHINA INT BULL 2X (CWEB) Stock Technical Analysis
USA - NYSEARCA:CWEB - US25460G1875 - ETF
49.99 USD
-0.37 (-0.73%)
We assign a technical rating of 6 out of 10 to CWEB. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month CWEB has a been trading in the 46.85 - 61.24 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the yearly performance of all stocks, we notice that CWEB is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
CWEB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so CWEB is lagging the market.
CWEB has an average technical rating and it also does not offer a high quality setup 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
43.02
60.00
When analyzing the support we can see 2 important areas.
- A support zone ranging from 47.54 to 47.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @43.45 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 50.37 to 51.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @59.41 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CWEB is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CWEB is down. |
| ChartMill Relative Strength | 82.68 | POSITIVE | CWEB has a high relative strength, it outperformed 82.68% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CWEB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CWEB is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CWEB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.08 | NEUTRAL | The RSI value for CWEB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.3 | NEGATIVE | The MACD value suggests CWEB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.05 | NEUTRAL | The Stochastics value for CWEB is a neutral value. |
| Average True Range in percent/ATR (20) | 5.13 | HIGH VOLATILITY | The high ATR as a percentage value for CWEB suggests high volalility. |
| Average Directional Index/ADX (14) | 29.96 | POSITIVE | The high ADX value value for CWEB suggests a strong trend. |
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)
NYSEARCA:CWEB (10/17/2025, 1:39:05 PM)
49.99
-0.37 (-0.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.73%
1 Week-9.46%
2 Weeks-16.25%
1 Month-12.51%
3 Month15.08%
6 Month59.92%
12 Month26.06%
2 Year61.46%
3 Year125.83%
5 Year-90.66%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.79
ATR(20)%5.13%
ATR Inc-40.17%
Range Today1.66
ADR(20)1.98
ADR(20)%3.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.68
Mansfield1.29
10 Day High60.41
10 Day Low46.85
20 Day High61.24
20 Day Low46.85
52 Week High61.24
52 Week Low26.93
CS1 End47.73
CR1 Start50.37
Volume & EV
DER(3)3.95%
DER(5)2.57%
Volume234.00K
Volume Incr58.54%
Vol(5)529.86K
Vol(50)328.77K