- The CCI indicator stands above +100
- The lower Bollinger Band® is currently at $24.83 while the higher band is at $48.2
Technical analysis trend indicators suggest that Direxion Daily FTSE China Bull 3X Shares's CCI indicator is above +100. Analysis based on the asset volatility indicates that Bollinger Band® analysis indicates that current price action is approaching the upper band at $48.2, thereby suggesting that Direxion Daily FTSE China Bull 3X Shares is becoming overvalued.
For the time being, Direxion Daily FTSE China Bull 3X Shares remains flat without a clear direction.
Japanese candlestick formations show a "Bullish Engulfing" pattern which occurs when a larger green candle engulfs a smaller red candle, at the bottom of a prevailing downtrend. Typically this is a signal of higher prices in the near term.
With regards to technical trend indicators, chart analysis show that Vanguard Health Care ETF's CCI indicator has broken above +100, indicating that prices are unusually high compared to the rolling average. According to asset volatility analysis, Vanguard Health Care ETF's upper Bollinger Band® is at $256.58.
For the time being, Vanguard Health Care ETF remains flat without a clear direction.
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