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Mutual Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
RYDEX DYNAMIC FDS DOW 2X STRATEGY FD CL H (NASDAQ:RYCVX)
Sidelines Mode (+55) - RYCVX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RYCVX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYCVX.
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 RYCVX
The long-term trend has been UP since Nov 30th, 2023 at 131.08
The intermediate-term trend has been DOWN since Apr 4th, 2024 at 150.01
The short-term trend has been UP since Apr 19th, 2024 at 142.02
Smart Scan Analysis for RYCVX
Based on our trend formula, RYCVX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 143.38 | 143.38 | 143.38 | 147.26 | +1.90 |
| Prev. Close | Volume | Bid | Ask | Time |
| 143.38 | 0 | 145.28 | 145.28 | 2024-04-22 18:05:00 |
| 52wk High | 158.22 | 52wk High Date | 2024-03-21 |
| 52wk Low | 107.3 | 52wk Low Date | 2023-10-27 |
| Year End Close | 143.4 |