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Mutual Trend Analysis Report

Prepared for you on Thursday, June 4, 2020.

RYDEX TRANSPORTATION - C CLASS (NASDAQ:RYCNX)

Bull Market Weakness (+75) - RYCNX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RYCNX as it may be in the beginning stages of a reversal.

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

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

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

NASDAQ_RYCNX
Open High Low RYCNX Price Change
37.54 38.17 38.17 38.17 +0.63
Entry Signal

MarketClub’s Trade Triangles for RYCNX

long term down The long-term trend has been DOWN since Feb 25th, 2020 at 42.10

intermediate term up The intermediate-term trend has been UP since Apr 9th, 2020 at 31.72

short term up The short-term trend has been UP since May 18th, 2020 at 32.64

Smart Scan Analysis for RYCNX

Based on our trend formula, RYCNX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for RYCNX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.54 38.17 38.17 38.17 +0.63
Prev. Close Volume Bid Ask Time
38.66 0 38.17 38.17 2020-06-01 17:32:29
52wk High46.2752wk High Date2020-02-20
52wk Low25.6952wk Low Date2020-03-18
Year End Close43
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