Notable Two Hundred Day Moving Average Cross – CHAU

In trading on Friday, shares of the Direxion Daily CSI 300 China A Share Bull 2x Shares ETF (Symbol: CHAU) crossed below their 200 day moving average of $21.87, changing hands as low as $20.58 per share. Direxion Daily CSI 300 China A Share Bull 2x Shares shares are currently trading off about 5.5% on the day. The chart below shows the one year performance of CHAU shares, versus its 200 day moving average:

Looking at the chart above, CHAU’s low point in its 52 week range is $15.445 per share, with $26.10 as the 52 week high point — that compares with a last trade of $20.88.

Click here to find out which 9 other ETFs recently crossed below their 200 day moving average »

Further CHAU Research:

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