CHAU

Technical Sentiment Analysis for Direxion Daily CSI 300 China A Share Bull 2X ETF (CHAU). As of 2026-07-07, Direxion Daily CSI 300 China A Share Bull 2X ETF (CHAU) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 5 indicators are flashing buy, while 9 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for CHAU stands at 44.29, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.04, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 11.64 and the Commodity Channel Index (CCI) at -86.75 further confirm a -3.07 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, CHAU is trading above its 60-day moving average of $23.73 and above its 200-day long-term moving average of $21.76. Key price levels to watch include the immediate resistance at $25.34 and strong support at $22.74. A break above $25.34 could signal a bull continuation, while falling below $22.74 may test the next Fibonacci floor at $21.43.