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Mutual Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
RYDEX SERIES FDS GOVERNMENT LONG BOND 1.2X STRATEGY FD CL A (NASDAQ:RYABX)
Bear Market Rally (-75) - RYABX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RYABX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid RYABX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYABX.
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 RYABX
The long-term trend has been DOWN since Apr 2nd, 2024 at 22.38
The intermediate-term trend has been UP since May 6th, 2024 at 21.59
The short-term trend has been DOWN since May 23rd, 2024 at 21.94
Smart Scan Analysis for RYABX
Based on our trend formula, RYABX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22.63 | 22.63 | 22.63 | 22.45 | -0.17 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22.34 | 0 | 22.46 | 23.58 | 2024-07-19 20:00:00 |
| 52wk High | 26.23 | 52wk High Date | 2023-07-31 |
| 52wk Low | 19.86 | 52wk Low Date | 2023-10-19 |
| Year End Close | 24.54 |