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

Sell candidate since Jul 09, 2026 Loss -2.77%

The Direxion Daily CSI 300 China A Share ETF price fell by -2.77% on the last day (Friday, 10th Jul 2026) from $23.86 to $23.20. During the last trading day the ETF fluctuated 0.98% from a day low at $23.04 to a day high of $23.27. The price has fallen in 6 of the last 10 days and is down by -7.42% for this period. 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 -21 thousand shares and in total, 70 thousand shares were bought and sold for approximately $1.63 million.

The ETF lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $22.53 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the ETF is expected to rise 3.72% during the next 3 months and, with a 90% probability hold a price between $23.37 and $27.34 at the end of this 3-month period.

CHAU Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, July 08, 2026, and so far it has risen 3.12%. 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 $23.35 and $23.91. 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 $23.05 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 $0.225 between high and low, or 0.98%. For the last week, the ETF has had daily average volatility of 1.15%.

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 13th

For the upcoming trading day on Monday, 13th we expect Direxion Daily CSI 300 China A Share Bull 2X Shares to open at $23.17, and during the day (based on 14 day Average True Range), to move between $22.77 and $23.63, which gives a possible trading interval of +/-$0.86 (+/-3.79%) 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 3.79% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $23.05 (0.65%) than the resistance at $23.74 (2.33%), 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?

The Direxion Daily CSI 300 China A Share ETF holds several negative signals and despite the positive trend, we believe Direxion Daily CSI 300 China A Share will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this ETF.

Current score: -3.620 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on July 13, 2026 - $23.17 ( 0.136%).

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