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Mutual Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
RYDEX DYNAMIC FDS INVERSE NASDAQ-100 2X STRATEGY FD CL H (NASDAQ:RYVNX)
Sidelines Mode (-55) - RYVNX 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 RYVNX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYVNX.
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 RYVNX
The long-term trend has been DOWN since Nov 14th, 2023 at 24.54
The intermediate-term trend has been DOWN since Nov 7th, 2023 at 26.58
The short-term trend has been UP since Mar 26th, 2024 at 17.93
Smart Scan Analysis for RYVNX
Based on our trend formula, RYVNX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 17.92 | 17.92 | 17.92 | 19.63 | +0.61 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.15 | 0 | 18.53 | 18.53 | 2024-04-12 20:00:00 |
| 52wk High | 37.14 | 52wk High Date | 2023-04-25 |
| 52wk Low | 17.8 | 52wk Low Date | 2024-03-22 |
| Year End Close | 20.92 | Payment Date | 2016-10-31 |