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Mutual Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
RYDEX SERIES FDS INVERSE NASDAQ-100 STRATEGY FD INVESTOR CL (NASDAQ:RYAIX)
Sidelines Mode (-55) - RYAIX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RYAIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYAIX.
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 RYAIX
The long-term trend has been DOWN since Nov 20th, 2023 at 19.72
The intermediate-term trend has been UP since Apr 15th, 2024 at 17.26
The short-term trend has been DOWN since Apr 23rd, 2024 at 17.78
Smart Scan Analysis for RYAIX
Based on our trend formula, RYAIX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 17.66 | 17.66 | 17.66 | 17.76 | +0.10 |
| Prev. Close | Volume | Bid | Ask | Time |
| 17.66 | 0 | 17.76 | 17.76 | 2024-04-25 18:25:00 |
| 52wk High | 23.84 | 52wk High Date | 2023-04-26 |
| 52wk Low | 16.77 | 52wk Low Date | 2024-03-01 |
| Year End Close | 18.05 | Payment Date | 2016-11-07 |