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Mutual Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
RYDEX SERIES FDS DOW 2X STRATEGY FUND CL C (NASDAQ:RYCYX)
Crossroads (-60) - RYCYX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RYCYX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYCYX.
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 RYCYX
The long-term trend has been UP since Nov 30th, 2023 at 110.61
The intermediate-term trend has been DOWN since Apr 4th, 2024 at 125.91
The short-term trend has been DOWN since Apr 2nd, 2024 at 130.97
Smart Scan Analysis for RYCYX
Based on our trend formula, RYCYX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 123.51 | 123.51 | 123.51 | 123.51 | -3.14 |
| Prev. Close | Volume | Bid | Ask | Time |
| 121.85 | 0 | 120.37 | 120.37 | 2024-04-12 20:00:00 |
| 52wk High | 132.78 | 52wk High Date | 2024-03-21 |
| 52wk Low | 90.4 | 52wk Low Date | 2023-10-27 |
| Year End Close | 120.55 |