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Mutual Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Rydex Dynamic Fds, Inverse S&P 500 2x Strategy Fd Cl H (NASDAQ:RYTPX)

Long-Term Downtrend (-90) - RYTPX is in a strong downtrend that is likely to continue. While RYTPX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

NASDAQ_RYTPX
Open High Low RYTPX Price Change
28.63 28.63 28.63 28.83 +0.16
Entry Signal

MarketClub’s Trade Triangles for RYTPX

long term down The long-term trend has been DOWN since Dec 1st, 2023 at 36.94

intermediate term down The intermediate-term trend has been DOWN since Nov 8th, 2023 at 40.02

short term down The short-term trend has been DOWN since Mar 7th, 2024 at 28.96

Smart Scan Analysis for RYTPX

Based on our trend formula, RYTPX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RYTPX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.63 28.63 28.63 28.83 +0.16
Prev. Close Volume Bid Ask Time
29.19 0 28.79 28.79 2024-03-14 20:00:00
52wk High48.1152wk High Date2023-03-17
52wk Low28.5152wk Low Date2024-03-12
Year End Close33.06Payment Date2016-11-07
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