CWEB Stock Direxion Dly CSI CHN Itnet Bull 2X Shrs (CWEB, $30.11) entered Downtrend as Momentum indicator drops below 0 level on Jul 23, 2024

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07/24/24

CWEB - Direxion Dly CSI CHN Itnet Bull 2X Shrs

Momentum signal

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Odds of DOWN Trend

Price: $30.11

Daily change: -$1.14 (-3.65%)

Daily volume: 244.7K

Net Assets: $300.8M

This indicator may be signaling that CWEB's price has further to drop, since it fell below its price logged 14 days ago. Traders may consider selling the stock, shorting the stock, or exploring put options. A.I.dvisor backtested 90 similar cases where CWEB's Momentum Indicator fell below the 0 level, and of them led to a successful outcome. Odds of Success:

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