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Mutual Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

RYDEX SERIES FDS BASIC MATERIALS FUND CLASS A (NASDAQ:RYBMX)

Strong Uptrend (+100) - RYBMX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RYBMX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid RYBMX?

MarketClub looks at technical strength and momentum to determine if the timing is right for RYBMX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_RYBMX
Open High Low RYBMX Price Change
76.74 76.74 76.74 78.99 +1.68
Entry Signal

MarketClub’s Trade Triangles for RYBMX

long term up The long-term trend has been UP since Dec 19th, 2023 at 74.26

intermediate term up The intermediate-term trend has been UP since Feb 23rd, 2024 at 72.98

short term up The short-term trend has been UP since Mar 20th, 2024 at 76.02

Smart Scan Analysis for RYBMX

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

+100
Smart Scan Analysis for RYBMX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
76.74 76.74 76.74 78.99 +1.68
Prev. Close Volume Bid Ask Time
76.74 0 78.42 82.33 2024-03-27 20:00:00
52wk High82.9352wk High Date2024-03-28
52wk Low66.2152wk Low Date2023-10-25
Year End Close75.32
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