Mutual Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
RYDEX SERIES FDS GOVERNMENT LONG BOND 1.2X STRATEGY FD INVESTOR CL (NASDAQ:RYGBX)
Crossroads (+60) - RYGBX 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 RYGBX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYGBX.
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 RYGBX
The long-term trend has been UP since Dec 6th, 2023 at 23.21
The intermediate-term trend has been DOWN since Mar 18th, 2024 at 22.38
The short-term trend has been DOWN since Mar 11th, 2024 at 23.21
Smart Scan Analysis for RYGBX
Based on our trend formula, RYGBX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
22.80 | 22.80 | 22.80 | 22.86 | +0.06 |
Prev. Close | Volume | Bid | Ask | Time |
22.80 | 0 | 22.86 | 22.86 | 2024-03-28 15:50:45 |
52wk High | 27.54 | 52wk High Date | 2023-04-06 |
52wk Low | 19.68 | 52wk Low Date | 2023-10-19 |
Year End Close | 24.31 |