24-Jul-2026
No press releases found.
Asian equities rally as easing Middle East tensions send oil lower; Kospi lags
Seeking Alpha News (Mon, 27-Jul 1:28 AM ET)
Asian stocks fall across the board as tech sell-off and $92 oil weigh on sentiment
Seeking Alpha News (Fri, 24-Jul 2:00 AM ET)
Asian markets mixed as AI tech rally offsets surging oil prices
Seeking Alpha News (Thu, 23-Jul 12:55 AM ET)
Seeking Alpha News (Wed, 22-Jul 3:51 AM ET)
The Direxion Daily CSI China Internet Index Bull 2X ETF seeks daily investment results, before fees and expenses, of 200% of the performance of the CSI Overseas China Internet Index. This leveraged ETF seeks a return that is 200% the return of its benchmark index for a single day. The fund should not be expected to provide two times the return of the benchmark s cumulative return for periods greater than a day. The CSI Overseas China Internet Index is provided by China Securities Index Co., LTD ( Index Provider ). The securities included in the Index are primarily listed outside of China, have been listed for at least three months and meet one of the three following criteria: 1) the company is incorporated in mainland China; 2) the operation center for the company is in mainland China; or 3) at least 50% of the revenue from the company is from mainland China. The Index Provider then removes securities that during the past year had a daily average trading value of less than $500,000 or a daily average market cap of less than $500 million.
Direxion Daily Csi China Internet Index Bull 2X ETF trades on the ARCA stock market under the symbol CWEB.
As of July 24, 2026, CWEB stock price declined to $21.57 with 270,948 million shares trading.
CWEB has a beta of 2.87, meaning it tends to be more sensitive to market movements. CWEB has a correlation of 0.44 to the broad based SPY ETF.
CWEB has a market cap of $216.22 million. This is considered a Small Cap stock.
In the last 3 years, CWEB traded as high as $61.24 and as low as $17.09.
CWEB has underperformed the market in the last year with a return of -48.5%, while the SPY ETF gained +17.7%. In the last 3 month period, CWEB fell short of the market, returning -20.4%, while SPY returned +3.8%. However, in the most recent 2 weeks CWEB has outperformed the stock market by returning -1.6%, while SPY returned -2.1%.
CWEB support price is $20.70 and resistance is $22.46 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CWEB shares will trade within this expected range on the day.
