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Mutual Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
RYDEX SERIES FDS RUSSELL 2000 1.5X STRATEGY FD CL C (NASDAQ:RYCMX)
Sidelines Mode (+55) - RYCMX 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 RYCMX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYCMX.
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 RYCMX
The long-term trend has been UP since Dec 13th, 2023 at 34.93
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 36.84
The short-term trend has been UP since Apr 22nd, 2024 at 34.63
Smart Scan Analysis for RYCMX
Based on our trend formula, RYCMX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 35.13 | 35.13 | 35.13 | 36.07 | +0.94 |
| Prev. Close | Volume | Bid | Ask | Time |
| 35.13 | 0 | 36.07 | 36.07 | 2024-04-23 18:05:00 |
| 52wk High | 39.56 | 52wk High Date | 2024-03-28 |
| 52wk Low | 27.29 | 52wk Low Date | 2023-10-27 |
| Year End Close | 37.27 |