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Mutual Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
RYDEX INTERNET FUND - C CLASS (NASDAQ:RYICX)
Sidelines Mode (-55) - RYICX 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 RYICX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYICX.
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 RYICX
The long-term trend has been UP since Dec 1st, 2023 at 75.85
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 84.30
The short-term trend has been UP since Apr 23rd, 2024 at 81.72
Smart Scan Analysis for RYICX
Based on our trend formula, RYICX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 82.76 | 82.76 | 82.76 | 81.76 | -0.13 |
| Prev. Close | Volume | Bid | Ask | Time |
| 82.63 | 0 | 82.63 | 82.63 | 2024-04-24 18:25:00 |
| 52wk High | 86.23 | 52wk High Date | 2024-04-09 |
| 52wk Low | 62.24 | 52wk Low Date | 2023-05-03 |
| Year End Close | 80.7 |