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Mutual Trend Analysis Report
Prepared for you on Friday, January 27, 2023.
Rydex Series Fds, Inverse Russell 2000 Strategy Fd Cl A (NASDAQ:RYAFX)
Strong Downtrend (-100) - RYAFX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RYAFX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RYAFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYAFX.
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 RYAFX
The long-term trend has been DOWN since Aug 3rd, 2022 at 58.04
The intermediate-term trend has been DOWN since Jan 9th, 2023 at 60.29
The short-term trend has been DOWN since Jan 23rd, 2023 at 57.97
Smart Scan Analysis for RYAFX
Based on our trend formula, RYAFX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 57.30 | 57.30 | 57.30 | 56.93 | -0.37 |
| Prev. Close | Volume | Bid | Ask | Time |
| 57.30 | 0 | 56.93 | 59.77 | 2023-01-26 20:00:00 |
| 52wk High | 70.5 | 52wk High Date | 2022-06-16 |
| 52wk Low | 53.55 | 52wk Low Date | 2022-03-29 |
| Year End Close | 61.35 |