Free Daily Analysis
Mutual Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
Rydex Series Fds, Government Long Bond 1.2x Strategy Fd Cl C (NASDAQ:RYCGX)
Long-Term Downtrend (-90) - RYCGX is in a strong downtrend that is likely to continue. While RYCGX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RYCGX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYCGX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for RYCGX
The long-term trend has been DOWN since Apr 2nd, 2024 at 22.63
The intermediate-term trend has been DOWN since Mar 18th, 2024 at 22.84
The short-term trend has been DOWN since Apr 5th, 2024 at 22.55
Smart Scan Analysis for RYCGX
Based on our trend formula, RYCGX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 21.39 | 21.39 | 21.39 | 21.63 | +0.29 |
| Prev. Close | Volume | Bid | Ask | Time |
| 21.53 | 0 | 21.68 | 21.68 | 2024-04-17 20:00:00 |
| 52wk High | 27.09 | 52wk High Date | 2023-04-25 |
| 52wk Low | 20.01 | 52wk Low Date | 2023-10-19 |
| Year End Close | 24.81 |