CWEB

Technical Sentiment Analysis for Direxion Daily CSI China Internet Index Bull 2X ETF (CWEB). As of 2026-07-07, Direxion Daily CSI China Internet Index Bull 2X ETF (CWEB) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 4 indicators are flashing buy, while 6 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for CWEB stands at 45.39, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -1.17, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 59.26 and the Commodity Channel Index (CCI) at 11.13 further confirm a 0.48 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, CWEB is trading below its 60-day moving average of $24.46 and below its 200-day long-term moving average of $37.22. Key price levels to watch include the immediate resistance at $21.14 and strong support at $17.17. A break above $21.14 could signal a bull continuation, while falling below $17.17 may test the next Fibonacci floor at $15.14.