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.
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MarketClub’s Trade Triangles for RMQAX
The long-term trend has been UP since Nov 20th, 2023 at 413.23
The intermediate-term trend has been UP since Jan 18th, 2024 at 443.10
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).
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 High | 538.97 | 52wk High Date | 2024-03-22 |
52wk Low | 277.11 | 52wk Low Date | 2023-04-25 |
Year End Close | 438.79 |