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Mutual Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
RYDEX SERIES FDS MANAGED FUTURES STRATEGY FD I CL (NASDAQ:RYIFX)
Sidelines Mode (+55) - RYIFX 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 RYIFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYIFX.
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 RYIFX
The long-term trend has been UP since Feb 6th, 2024 at 22.38
The intermediate-term trend has been DOWN since Apr 17th, 2024 at 22.76
The short-term trend has been UP since Apr 23rd, 2024 at 22.74
Smart Scan Analysis for RYIFX
Based on our trend formula, RYIFX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.79 | 22.79 | 22.79 | 22.81 | +0.07 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.79 | 0 | 22.86 | 22.86 | 2024-04-24 18:45:00 |
| 52wk High | 23.39 | 52wk High Date | 2024-03-27 |
| 52wk Low | 20.82 | 52wk Low Date | 2023-05-08 |
| Year End Close | 21.4 |