Free Daily Analysis
Mutual Trend Analysis Report
Prepared for you on Monday, May 6, 2024.
RYDEX SERIES FDS RUSSELL 2000 1.5X STRATEGY FD CL H (NASDAQ:RYMKX)
Bull Market Weakness (+75) - RYMKX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RYMKX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RYMKX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYMKX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for RYMKX
The long-term trend has been UP since Dec 13th, 2023 at 47.91
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 50.78
The short-term trend has been UP since Apr 22nd, 2024 at 47.76
Smart Scan Analysis for RYMKX
Based on our trend formula, RYMKX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 48.94 | 48.94 | 48.94 | 50.93 | +0.76 |
| Prev. Close | Volume | Bid | Ask | Time |
| 50.20 | 0 | 49.70 | 49.70 | 2024-04-26 18:05:00 |
| 52wk High | 54.55 | 52wk High Date | 2024-03-28 |
| 52wk Low | 37.48 | 52wk Low Date | 2023-10-27 |
| Year End Close | 51.29 |