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Mutual Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
Rydex Series Fds, Inverse Mid-Cap Strategy Fund H Class (NASDAQ:RYMHX)
Bear Market Rally (-75) - RYMHX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RYMHX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid RYMHX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYMHX.
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 RYMHX
The long-term trend has been DOWN since Dec 12th, 2023 at 57.12
The intermediate-term trend has been DOWN since Jan 29th, 2024 at 52.14
The short-term trend has been DOWN since Mar 19th, 2024 at 49.77
Smart Scan Analysis for RYMHX
Based on our trend formula, RYMHX is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 51.02 | 51.02 | 51.02 | 51.18 | +0.26 |
| Prev. Close | Volume | Bid | Ask | Time |
| 51.64 | 0 | 51.28 | 51.28 | 2024-04-16 20:00:00 |
| 52wk High | 66 | 52wk High Date | 2023-10-27 |
| 52wk Low | 47.96 | 52wk Low Date | 2024-03-28 |
| Year End Close | 51.76 |