CWEB Direxion Dly CSI CHN Itnet Bull 2X Shrs Forecast, Technical & Fundamental Analysis
CWEB in +0.95% Uptrend, rising for three consecutive days on December 26, 2024
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where CWEB advanced for three days, in of 272 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CWEB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for CWEB entered a downward trend on January 08, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category Trading
CWEB and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, CWEB has been loosely correlated with SSO. These tickers have moved in lockstep 41% of the time. This A.I.-generated data suggests there is some statistical probability that if CWEB jumps, then SSO could also see price increases.
| Ticker / NAME | Correlation To CWEB | 1D Price Change % | ||
|---|---|---|---|---|
| CWEB | 100% | +6.08% | ||
| SSO - CWEB | 41% Loosely correlated | +1.90% | ||
| TQQQ - CWEB | 40% Loosely correlated | +4.93% | ||
| QLD - CWEB | 40% Loosely correlated | +3.30% | ||
| SPXL - CWEB | 40% Loosely correlated | +2.79% | ||
| SOXL - CWEB | 40% Loosely correlated | +8.34% | ||
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