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.
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MarketClub’s Trade Triangles for RYBMX
The long-term trend has been UP since Dec 19th, 2023 at 74.26
The intermediate-term trend has been UP since Feb 23rd, 2024 at 72.98
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).
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 High | 82.93 | 52wk High Date | 2024-03-28 |
52wk Low | 66.21 | 52wk Low Date | 2023-10-25 |
Year End Close | 75.32 |