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Direxion Daily CSI 300 China A Share Bull 2X Shares (CHAU) – sideways & breakout history

NYSE

Direxion Daily CSI 300 China A Share Bull 2X Shares has been moving sideways between $11.3011 and $15.64 since 22 Sept 2024.

Since 2019, NasdaqScan has found 3 sideways ranges in CHAU. Completed ranges lasted 956 days on average, from 749 to 1162 days. Of those 2, 1 broke upward and 1 broke downward. The current range is 38% wide from low to high. NasdaqScan detected one breakout pattern in Direxion Daily CSI 300 China A Share Bull 2X Shares, on 2 Oct 2022 after 742 days of sideways movement.

Charts are only kept for recent breakouts, so there is no chart for this signal.

Sideways ranges

RangeFormedEndedHow it endedBreakout signals
$11.3011 – $15.6422 Sept 2024Still sideways——
$28.62 – $56.273719 Sept 202124 Nov 2024 (1162 days)Broke below the range at $28.24972 Oct 2022 (BO accepted)
$13.90 – $27.6422 Sept 201910 Oct 2021 (749 days)Broke above the range at $35.11—

Breakout patterns detected

  • 2 Oct 2022: breakout from a sideways range after 742 days (BO accepted)

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.

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