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Mutual Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Rydex Basic Materials Fund - C Class (NASDAQ:RYBCX)
Crossroads (-60) - RYBCX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RYBCX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYBCX.
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 RYBCX
The long-term trend has been UP since Dec 19th, 2023 at 62.05
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 63.54
The short-term trend has been DOWN since Apr 22nd, 2024 at 63.32
Smart Scan Analysis for RYBCX
Based on our trend formula, RYBCX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 62.96 | 62.96 | 62.96 | 63.31 | +0.35 |
| Prev. Close | Volume | Bid | Ask | Time |
| 62.96 | 0 | 63.31 | 63.31 | 2024-04-25 18:45:00 |
| 52wk High | 66.48 | 52wk High Date | 2024-04-09 |
| 52wk Low | 55.27 | 52wk Low Date | 2023-10-25 |
| Year End Close | 62.48 |