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Mutual Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

RYDEX SERIES FDS BANKING FUND H CLASS (NASDAQ:RYKAX)

Crossroads (-60) - RYKAX 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 RYKAX?

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

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

NASDAQ_RYKAX
Open High Low RYKAX Price Change
71.10 71.10 71.10 70.33 -0.29
Entry Signal

MarketClub’s Trade Triangles for RYKAX

long term up The long-term trend has been UP since Dec 1st, 2023 at 65.32

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 71.60

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 73.57

Smart Scan Analysis for RYKAX

Based on our trend formula, RYKAX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for RYKAX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
71.10 71.10 71.10 70.33 -0.29
Prev. Close Volume Bid Ask Time
69.90 0 70.81 70.81 2024-04-15 20:00:00
52wk High75.752wk High Date2024-03-28
52wk Low53.7352wk Low Date2023-05-04
Year End Close72.7
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