Direxion Daily Csi 300 China A Share Bull 2x Shares ETF Forecast

Buy or Hold candidate since Jun 15, 2026 Gain 6.08%

The Direxion Daily CSI 300 China A Share ETF price gained 5.05% on the last trading day (Monday, 22nd Jun 2026), rising from $24.75 to $26.00. During the last trading day the ETF fluctuated 1.24% from a day low at $25.78 to a day high of $26.10. The price has risen in 6 of the last 10 days and is up by 13.84% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 87 thousand more shares were traded than the day before. In total, 187 thousand shares were bought and sold for approximately $4.87 million.

The ETF lies in the middle of a wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the ETF is expected to rise 19.44% during the next 3 months and, with a 90% probability hold a price between $27.53 and $33.01 at the end of this 3-month period.

CHAU Signals & Forecast

The Direxion Daily CSI 300 China A Share ETF holds buy signals from both short and long-term Moving Averages giving a positive forecast for the ETF. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $24.32 and $24.04. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday, June 08, 2026, and so far it has risen 16.07%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

Support, Risk & Stop-loss for Direxion Daily CSI 300 China A Share ETF

On the downside, the ETF finds support just below today's level from accumulated volume at $23.74 and $22.93. There is a natural risk involved when a ETF is testing a support level, since if this is broken, the ETF then may fall to the next support level. In this case, Direxion Daily CSI 300 China A Share finds support just below today's level at $23.74. If this is broken, then the next support from accumulated volume will be at $22.93 and $19.82.

This ETF has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the ETF moved $0.320 between high and low, or 1.24%. For the last week, the ETF has had daily average volatility of 1.38%.

Our recommended stop-loss: $25.03 (-3.72%) (This ETF has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 9 days ago.)

Trading Expectations (CHAU) For The Upcoming Trading Day Of Tuesday 23rd

For the upcoming trading day on Tuesday, 23rd we expect Direxion Daily CSI 300 China A Share Bull 2X Shares to open at $25.96, and during the day (based on 14 day Average True Range), to move between $25.65 and $26.35, which gives a possible trading interval of +/-$0.698 (+/-2.72%) up or down from last closing price. If Direxion Daily CSI 300 China A Share Bull 2X Shares takes out the full calculated possible swing range there will be an estimated 2.72% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $23.74, some $2.26 (8.69%) from the current price of $26.00, our system finds the risk reward attractive.

Is Direxion Daily CSI 300 China A Share Bull 2X Shares ETF A Buy?

Direxion Daily CSI 300 China A Share holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this ETF since the last evaluation from a Buy to a Hold candidate.

Current score: 0.000 Hold/Accumulate Downgraded

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Fair Opening Price

Predicted fair opening price on June 23, 2026 - $25.96 ( 0.154%).

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