Free Daily Analysis

Mutual Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

RYDEX SERIES FDS STRENGTHENING DOLLAR 2X FUND A CLASS (NASDAQ:RYSDX)

Sidelines Mode (-55) - RYSDX 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 RYSDX?

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

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

NASDAQ_RYSDX
Open High Low RYSDX Price Change
62.06 62.06 62.06 62.44 +0.54
Entry Signal

MarketClub’s Trade Triangles for RYSDX

long term down The long-term trend has been DOWN since Dec 13th, 2023 at 60.65

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2024 at 61.59

short term up The short-term trend has been UP since Mar 12th, 2024 at 60.48

Smart Scan Analysis for RYSDX

Based on our trend formula, RYSDX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for RYSDX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
62.06 62.06 62.06 62.44 +0.54
Prev. Close Volume Bid Ask Time
62.45 0 62.60 65.72 2024-03-22 20:00:00
52wk High68.4652wk High Date2023-10-03
52wk Low55.8652wk Low Date2023-07-13
Year End Close58.08
Get a free daily analysis and signals for RYDEX SERIES FDS STRENGTHENING DOLLAR 2X FUND A CLASS (RYSDX) - Request Your Free Report.