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Mutual Trend Analysis Report

Prepared for you on Wednesday, April 17, 2024.

RYDEX DYNAMIC FDS INVERSE RUSSELL 2000 2X STRATEGY FD CL H (NASDAQ:RYIRX)

Weak Downtrend (-65) - RYIRX is showing signs of a strengthening downtrend. Monitor RYIRX as it may be building momentum to the downside.

Is it time to buy, sell, or avoid RYIRX?

MarketClub looks at technical strength and momentum to determine if the timing is right for RYIRX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_RYIRX
Open High Low RYIRX Price Change
8.09 8.09 8.09 8.89 +0.32
Entry Signal

MarketClub’s Trade Triangles for RYIRX

long term down The long-term trend has been DOWN since Dec 13th, 2023 at 9.55

intermediate term down The intermediate-term trend has been DOWN since Mar 21st, 2024 at 7.77

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 7.86

Smart Scan Analysis for RYIRX

Based on our trend formula, RYIRX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for RYIRX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.09 8.09 8.09 8.89 +0.32
Prev. Close Volume Bid Ask Time
8.71 0 8.41 8.41 2024-04-12 20:00:00
52wk High13.1752wk High Date2023-10-27
52wk Low7.4952wk Low Date2024-03-28
Year End Close8.25Payment Date2011-12-05
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