


Technical Sentiment Analysis for Direxion Daily CSI China Internet Index Bull 2X ETF (CWEB). As of 2026-05-22, Direxion Daily CSI China Internet Index Bull 2X ETF (CWEB) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 4 indicators are flashing buy, while 10 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for CWEB stands at 35.09, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.87, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 10.91 and the Commodity Channel Index (CCI) at -189.6 further confirm a -5.07 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, CWEB is trading below its 60-day moving average of $27.97 and below its 200-day long-term moving average of $41.13. Key price levels to watch include the immediate resistance at $30.56 and strong support at $22.37. A break above $30.56 could signal a bull continuation, while falling below $22.37 may test the next Fibonacci floor at $18.31.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 14.18 | 18.31 | 22.37 | 26.5 | 30.56 | 34.69 | 38.75 |
| Fibonacci | 18.31 | 21.44 | 23.37 | 26.5 | 29.63 | 31.56 | 34.69 |
2026-05-22
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 35.09 |
| Stochastic Oscillator | 10.91 |
| Stochastic RSI | 10.18 |
| Commodity Channel Index (CCI) | -189.6 |
| Awesome Oscillator | -2.44 |
| Momentum | -5.07 |
| MACD | -0.87 |
2026-05-22
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 24.94 | Sell |
| 10-Day | 26.44 | Sell |
| 20-Day | 26.76 | Sell |
| 60-Day | 27.97 | Sell |
| 200-Day | 41.13 | Sell |
| 250-Day | 40.98 | Sell |