


Technical Sentiment Analysis for Direxion Daily CSI 300 China A Share Bull 2X ETF (CHAU). As of 2026-05-22, Direxion Daily CSI 300 China A Share Bull 2X ETF (CHAU) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 9 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for CHAU stands at 51.09, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.35, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 20.06 and the Commodity Channel Index (CCI) at -35.8 further confirm a -0.54 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, CHAU is trading above its 60-day moving average of $22.2 and above its 200-day long-term moving average of $20.94. Key price levels to watch include the immediate resistance at $25.67 and strong support at $22.91. A break above $25.67 could signal a bull continuation, while falling below $22.91 may test the next Fibonacci floor at $21.6.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 20.15 | 21.6 | 22.91 | 24.36 | 25.67 | 27.12 | 28.43 |
| Fibonacci | 21.6 | 22.65 | 23.3 | 24.36 | 25.41 | 26.06 | 27.12 |
2026-05-22
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 51.09 |
| Stochastic Oscillator | 20.06 |
| Stochastic RSI | 18.1 |
| Commodity Channel Index (CCI) | -35.8 |
| Awesome Oscillator | 0.3 |
| Momentum | -0.54 |
| MACD | 0.35 |
2026-05-22
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 23.56 | Buy |
| 10-Day | 24.21 | Sell |
| 20-Day | 23.88 | Sell |
| 60-Day | 22.2 | Buy |
| 200-Day | 20.94 | Buy |
| 250-Day | 19.76 | Buy |