DRX DLY CHINA A-SHR BULL 2X (CHAU) Stock Technical Analysis
NYSEARCA:CHAU - NYSE Arca - US25490K8696 - ETF - Currency: USD
Overall CHAU gets a technical rating of 4 out of 10. CHAU has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month CHAU has a been trading in the 14.20 - 15.57 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the performance of all stocks over the past year, CHAU turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
CHAU has an average technical rating and also the quality of the setup is 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
15.49
When analyzing the support we can see 5 important areas.
- A support zone ranging from 14.72 to 14.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.36 to 14.46. 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 13.56 to 13.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 12.91 to 12.91. 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 @15.03 from a trend line in the daily time frame.
- A resistance zone ranging from 15.32 to 15.34. 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
CRS59.11
Mansfield0.1
10 Day High15.24
10 Day Low14.2
20 Day High15.57
20 Day Low14.2
52 Week High28.25
52 Week Low11.54
Performance
1 Week3.53%
2 Weeks-2.35%
1 Month6.62%
3 Month-3.67%
6 Month24.34%
12 Month5.05%
2 Year-31.74%
3 Year-46.9%
5 Year-14.55%
10 YearN/A
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
RSI(14)54.41
LBB14.3
UBB15.42
14.97
-0.18 (-1.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.19%
1 Week3.53%
2 Weeks-2.35%
1 Month6.62%
3 Month-3.67%
6 Month24.34%
12 Month5.05%
2 Year-31.74%
3 Year-46.9%
5 Year-14.55%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%2.39%
ATR Inc-29.22%
Range Today0.21
ADR(20)0.21
ADR(20)%1.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.11
Mansfield0.1
10 Day High15.24
10 Day Low14.2
20 Day High15.57
20 Day Low14.2
52 Week High28.25
52 Week Low11.54
CS1 End14.81
CR1 Start15.03
Volume & EV
DER(3)1.52%
DER(5)2.62%
Volume549.00K
Volume Incr-18.29%
Vol(5)687.52K
Vol(50)705.12K