DIRXN DLY CSI CII B2X ETF-UI (CWEB) Technical Analysis
NYSEARCA:CWEB • US25460G1875
Current stock price
CWEB Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to CWEB. CWEB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 92% of all other stocks performed better in the past year than CWEB.
- CWEB is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month CWEB has a been trading in the 25.24 - 30.95 range, which is quite wide. It is currently trading near the lows of this range.
CWEB Weekly and Daily overview Charts
CWEB Setup Rating and Analysis
Although the technical rating is bad, CWEB does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 25.73, a Stop Loss order could be placed below this zone.
More info and screens
CWEB Support and Resistance Analysis
25.20
When analyzing the support we notice one important area.
- A support zone ranging from 25.45 to 25.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 27.48 to 27.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @29.71 from a trend line in the daily time frame.
- A resistance zone ranging from 30.35 to 30.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
CWEB Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for CWEB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CWEB is down. |
| ChartMill Relative Strength | 8.71 | NEGATIVE | CWEB has a low relative strength, it was outperformed by 91.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of CWEB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CWEB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CWEB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.32 | NEUTRAL | The RSI value for CWEB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests CWEB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.44 | OVERSOLD | The low Stochastics value suggests CWEB may be oversold. |
| Average True Range in percent/ATR (20) | 4.35 | MEDIUM VOLATILITY | The ATR as a percentage value for CWEB suggests some volalility. |
| Average Directional Index/ADX (14) | 22.12 | NEUTRAL | The ADX value for CWEB suggests a possible start of a new trend. |
CWEB Chart- and CandleStick Pattern Analysis
CWEB Technicals: Chart, Performance Metrics, Trend & Indicators
26.98
+1.35 (+5.27%)
DIRXN DLY CSI CII B2X ETF-UI / CWEB TA FAQ
What is the technical rating for CWEB stock?
ChartMill assigns a technical rating of 1 / 10 to CWEB.
Can you provide the trend direction for DIRXN DLY CSI CII B2X ETF-UI?
The current trend direction for DIRXN DLY CSI CII B2X ETF-UI (CWEB) is Bearish.
What is the RSI signal for CWEB stock?
DIRXN DLY CSI CII B2X ETF-UI (CWEB) has an RSI value of 45.3216. This indicates that the stock is currently neutral.
What is the buy/sell signal for DIRXN DLY CSI CII B2X ETF-UI (CWEB) stock?
The buy/sell signal for DIRXN DLY CSI CII B2X ETF-UI (CWEB) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for DIRXN DLY CSI CII B2X ETF-UI?
DIRXN DLY CSI CII B2X ETF-UI (CWEB) has a support level at 25.73 and a resistance level at 27.48. Check the full technical report for our detailed analysis of CWEB support and resistance levels.