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Mutual Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

RYDEX SERIES FDS INVERSE S&P 500 STRATEGY FUND A CLASS (NASDAQ:RYARX)

Bull Market Weakness (+75) - RYARX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RYARX as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid RYARX?

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

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

NASDAQ_RYARX
Open High Low RYARX Price Change
23.93 23.93 23.93 24.14 +0.15
Entry Signal

MarketClub’s Trade Triangles for RYARX

long term down The long-term trend has been DOWN since Dec 1st, 2023 at 26.40

intermediate term up The intermediate-term trend has been UP since Apr 12th, 2024 at 23.45

short term up The short-term trend has been UP since Apr 10th, 2024 at 23.21

Smart Scan Analysis for RYARX

Based on our trend formula, RYARX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for RYARX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.93 23.93 23.93 24.14 +0.15
Prev. Close Volume Bid Ask Time
24.08 0 24.08 25.28 2024-04-17 20:00:00
52wk High29.2352wk High Date2023-10-27
52wk Low22.9552wk Low Date2024-03-28
Year End Close24.82Payment Date2016-10-31
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