CHAU

Technical Sentiment Analysis for Direxion Daily CSI 300 China A Share Bull 2X ETF (CHAU). As of 2026-04-15, Direxion Daily CSI 300 China A Share Bull 2X ETF (CHAU) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 9 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 61.93, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.23, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 96 and the Commodity Channel Index (CCI) at 142.73 further confirm a 2.2 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, CHAU is trading above its 60-day moving average of $21.49 and above its 200-day long-term moving average of $19.87. Key price levels to watch include the immediate resistance at $22.81 and strong support at $19.54. A break above $22.81 could signal a bull continuation, while falling below $19.54 may test the next Fibonacci floor at $17.91.