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Mutual Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
RYDEX SERIES FDS INVERSE RUSSELL 2000 STRATEGY FD CL A (NASDAQ:RYAFX)
Bull Market Weakness (+75) - RYAFX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RYAFX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RYAFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYAFX.
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 RYAFX
The long-term trend has been DOWN since Dec 12th, 2023 at 57.52
The intermediate-term trend has been UP since Apr 10th, 2024 at 51.60
The short-term trend has been UP since Apr 10th, 2024 at 50.77
Smart Scan Analysis for RYAFX
Based on our trend formula, RYAFX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 52.31 | 52.31 | 52.31 | 53.03 | +0.72 |
| Prev. Close | Volume | Bid | Ask | Time |
| 52.31 | 0 | 53.03 | 55.67 | 2024-04-15 20:00:00 |
| 52wk High | 71.21 | 52wk High Date | 2023-10-27 |
| 52wk Low | 49.27 | 52wk Low Date | 2024-03-28 |
| Year End Close | 51.19 | Payment Date | 2014-02-10 |