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Mutual Trend Analysis Report
Prepared for you on Saturday, May 18, 2024.
RYDEX DYNAMICS FDS RUSSELL 2000 2X STRATEGY FD CL A (NASDAQ:RYRUX)
Long-Term Uptrend (+90) - RYRUX is in a strong uptrend that is likely to continue. While RYRUX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid RYRUX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYRUX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RYRUX
The long-term trend has been UP since Dec 14th, 2023 at 140.27
The intermediate-term trend has been UP since May 6th, 2024 at 148.00
The short-term trend has been UP since May 3rd, 2024 at 145.22
Smart Scan Analysis for RYRUX
Based on our trend formula, RYRUX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 158.63 | 158.63 | 158.63 | 156.58 | -2.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 156.63 | 0 | 156.63 | 164.44 | 2024-05-16 20:00:00 |
| 52wk High | 170.86 | 52wk High Date | 2024-03-28 |
| 52wk Low | 100.71 | 52wk Low Date | 2023-10-27 |
| Year End Close | 151.31 |