Mutual Trend Analysis Report
Prepared for you on Wednesday, June 16, 2021.
RYDEX SERIES FDS INVERSE NASDAQ-100 STRATEGY FD CL C (NASDAQ:RYACX)
Long-Term Downtrend (-90) - RYACX is in a strong downtrend that is likely to continue. While RYACX 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 RYACX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYACX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYACX
The long-term trend has been DOWN since Apr 29th, 2020 at 33.60
The intermediate-term trend has been DOWN since Jun 4th, 2021 at 19.95
The short-term trend has been DOWN since Jun 4th, 2021 at 19.97
Smart Scan Analysis for RYACX
Based on our trend formula, RYACX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||29.93||52wk High Date||2020-06-26|
|52wk Low||19.3||52wk Low Date||2021-06-14|
|Year End Close||21.86||Payment Date||2007-12-14|