CHAU

Technical Sentiment Analysis for Direxion Daily CSI 300 China A Share Bull 2X ETF (CHAU). As of 2026-06-12, Direxion Daily CSI 300 China A Share Bull 2X ETF (CHAU) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 4 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for CHAU stands at 49, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.12, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 26.23 and the Commodity Channel Index (CCI) at -30.84 further confirm a -0.98 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, CHAU is trading above its 60-day moving average of $22.7 and above its 200-day long-term moving average of $21.39. Key price levels to watch include the immediate resistance at $24.72 and strong support at $22.28. A break above $24.72 could signal a bull continuation, while falling below $22.28 may test the next Fibonacci floor at $21.11.