Direxion Daily Csi China Internet Bull 2x Shares ETF Forecast

Buy candidate since Jul 27, 2026 Gain 11.25%

The Direxion Daily CSI China Internet Bull ETF price gained 3.09% on the last trading day (Friday, 31st Jul 2026), rising from $24.56 to $25.32. It has now gained 5 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the last trading day the ETF fluctuated 3.24% from a day low at $24.53 to a day high of $25.32. The price has risen in 6 of the last 10 days and is up by 12.33% over the past 2 weeks. Volume fell on the last day by -172 thousand shares and in total, 571 thousand shares were bought and sold for approximately $14.46 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The ETF lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $25.37 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the ETF is expected to fall -18.07% during the next 3 months and, with a 90% probability hold a price between $12.62 and $20.78 at the end of this 3-month period. Do note, that if the ETF price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

CWEB Signals & Forecast

Mostly positive signals in the chart today. The Direxion Daily CSI China Internet Bull 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 $23.31 and $21.47. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Thursday, June 25, 2026, and so far it has risen 43.05%. 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 fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The ETF should be watched closely.

Support, Risk & Stop-loss for Direxion Daily CSI China Internet Bull ETF

Direxion Daily CSI China Internet Bull finds support from accumulated volume at $24.13 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 $0.795 between high and low, or 3.24%. For the last week, the ETF has had daily average volatility of 3.48%.

Our recommended stop-loss: $24.52 (-3.14%) (This ETF has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 25 days ago.)

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

For the upcoming trading day on Monday, 3rd we expect Direxion Daily CSI China Internet Bull 2X Shares to open at $25.06, and during the day (based on 14 day Average True Range), to move between $24.81 and $25.83, which gives a possible trading interval of +/-$1.01 (+/-4.08%) up or down from last closing price. If Direxion Daily CSI China Internet Bull 2X Shares takes out the full calculated possible swing range there will be an estimated 4.08% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $25.49 (0.67%) than the support at $24.13 (4.70%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

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

Direxion Daily CSI China Internet Bull holds several positive signals and despite the ETF being in a falling trend, we considered it to be a good choice at these current levels. We expect Direxion Daily CSI China Internet Bull ETF will perform very well in the next 3 months.

Current score: 5.270 Strong Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on August 3, 2026 - $25.06 ( 1.05%).

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