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Mutual Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

RYDEX SERIES FDS GOVERNMENT LONG BOND 1.2X STRATEGY FD CL A (NASDAQ:RYABX)

Long-Term Downtrend (-90) - RYABX is in a strong downtrend that is likely to continue. While RYABX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

NASDAQ_RYABX
Open High Low RYABX Price Change
21.16 21.16 21.16 21.29 +0.28
Entry Signal

MarketClub’s Trade Triangles for RYABX

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 22.38

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 22.59

short term down The short-term trend has been DOWN since Apr 5th, 2024 at 22.30

Smart Scan Analysis for RYABX

Based on our trend formula, RYABX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RYABX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.16 21.16 21.16 21.29 +0.28
Prev. Close Volume Bid Ask Time
21.44 0 21.44 22.51 2024-04-17 20:00:00
52wk High28.5752wk High Date2023-04-25
52wk Low19.8652wk Low Date2023-10-19
Year End Close24.54
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