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

Sell candidate since Jul 24, 2026 Loss -1.10%

The Direxion Daily CSI 300 China A Share ETF price fell by -0.554% on the last day (Friday, 31st Jul 2026) from $21.65 to $21.53. During the last trading day the ETF fluctuated 1.38% from a day low at $21.34 to a day high of $21.63. The price has fallen in 6 of the last 10 days but is still up by 3.06% over the past 2 weeks. Volume fell on the last day along with the ETF, which is actually a good sign as volume should follow the ETF. On the last day, the trading volume fell by -36 thousand shares and in total, 154 thousand shares were bought and sold for approximately $3.32 million.

The ETF lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the ETF is expected to fall -9.20% during the next 3 months and, with a 90% probability hold a price between $18.59 and $22.56 at the end of this 3-month period.

CHAU Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, July 29, 2026, and so far it has risen 1.75%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Direxion Daily CSI 300 China A Share ETF holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the ETF. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $21.70 and $23.14. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

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

Direxion Daily CSI 300 China A Share finds support from accumulated volume at $21.37 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

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 $0.295 between high and low, or 1.38%. For the last week, the ETF has had daily average volatility of 1.65%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (CHAU) For The Upcoming Trading Day Of Monday 3rd

For the upcoming trading day on Monday, 3rd we expect Direxion Daily CSI 300 China A Share Bull 2X Shares to open at $21.50, and during the day (based on 14 day Average True Range), to move between $21.15 and $21.91, which gives a possible trading interval of +/-$0.766 (+/-3.62%) 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 3.62% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $21.37 (0.74%) than the resistance at $22.64 (5.16%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

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

Direxion Daily CSI 300 China A Share holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this ETF.

Current score: -1.636 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on August 3, 2026 - $21.50 ( 0.147%).

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