DRX DLY CHINA A-SHR BULL 2X (CHAU) Stock Technical Analysis
NYSEARCA:CHAU - NYSE Arca - US25490K8696 - ETF - Currency: USD
We assign a technical rating of 0 out of 10 to CHAU. CHAU 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.
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 10.88 - 14.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
CHAU has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 13.44. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.20, a Stop Loss order could be placed below this zone.
More info and screens
11.24
15.10
3 important support areas can be observed.
- A support zone ranging from 12.87 to 13.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.55 from a horizontal line in the weekly time frame.
- Support @11.35 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 13.44 to 13.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.75 from a trend line in the weekly time frame.
- Resistance @14.95 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.98
Mansfield-0.44
10 Day High13.54
10 Day Low12.86
20 Day High14.46
20 Day Low10.88
52 Week High28.25
52 Week Low10.88
Performance
1 Week3.39%
2 Weeks5.91%
1 Month-8.33%
3 Month-6.87%
6 Month-17.96%
12 Month-5.69%
2 Year-37.16%
3 Year-41.56%
5 Year-28.83%
10 Year-71.17%
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)0.13
RSI(14)48.83
LBB11.32
UBB14.29
13.43
-0.04 (-0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.3%
1 Week3.39%
2 Weeks5.91%
1 Month-8.33%
3 Month-6.87%
6 Month-17.96%
12 Month-5.69%
2 Year-37.16%
3 Year-41.56%
5 Year-28.83%
10 Year-71.17%
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%3.59%
ATR Inc-80.92%
Range Today0.1
ADR(20)0.3
ADR(20)%2.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.98
Mansfield-0.44
10 Day High13.54
10 Day Low12.86
20 Day High14.46
20 Day Low10.88
52 Week High28.25
52 Week Low10.88
CS1 End13.2
CR1 Start13.44
Volume & EV
DER(3)0.1%
DER(5)-0.2%
Volume255.00K
Volume Incr-60.78%
Vol(5)334.78K
Vol(50)772.14K