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Mutual Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Monthly Rebalance NASDAQ-100 2x Strategy Fund A-Class (NASDAQ:RMQAX)

Long-Term Uptrend (+90) - RMQAX is in a strong uptrend that is likely to continue. While RMQAX 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 RMQAX?

MarketClub looks at technical strength and momentum to determine if the timing is right for RMQAX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_RMQAX
Open High Low RMQAX Price Change
508.23 508.23 508.23 508.08 +4.30
Entry Signal

MarketClub’s Trade Triangles for RMQAX

long term up The long-term trend has been UP since Nov 20th, 2023 at 413.23

intermediate term up The intermediate-term trend has been UP since Jan 18th, 2024 at 443.10

short term up The short-term trend has been UP since Mar 19th, 2024 at 496.27

Smart Scan Analysis for RMQAX

Based on our trend formula, RMQAX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for RMQAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
508.23 508.23 508.23 508.08 +4.30
Prev. Close Volume Bid Ask Time
509.84 0 512.53 538.09 2024-03-21 20:00:00
52wk High538.9752wk High Date2024-03-22
52wk Low277.1152wk Low Date2023-04-25
Year End Close438.79
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