CWEB Stock Direxion Dly CSI CHN Itnet Bull 2X Shrs (CWEB, $38.22) entered Downtrend as Momentum indicator drops below 0 level on May 27, 2025

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CWEB - Direxion Dly CSI CHN Itnet Bull 2X Shrs

Momentum signal

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Odds of DOWN Trend

Price: $38.22

Daily change: -$0.66 (-1.7%)

Daily volume: 248.3K

Net Assets: $253.8M

CWEB's Stochastic Oscillator is sitting in overbought zone for 5 days

The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Technical Analysis (Indicators)

Bearish Trend Analysis

The 50-day moving average for CWEB moved below the 200-day moving average on June 11, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where CWEB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

CWEB broke above its upper Bollinger Band on June 09, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on June 05, 2025. You may want to consider a long position or call options on CWEB as a result. In of 98 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for CWEB just turned positive on June 06, 2025. Looking at past instances where CWEB's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .

CWEB moved above its 50-day moving average on June 04, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for CWEB crossed bullishly above the 50-day moving average on May 19, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 11 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 147 cases where CWEB Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .