Free Daily Analysis
Mutual Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Rydex Series Fds, Consumer Products Fund H Class (NASDAQ:RYCAX)
Sidelines Mode (-55) - RYCAX 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 RYCAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYCAX.
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 RYCAX
The long-term trend has been DOWN since Aug 22nd, 2023 at 45.26
The intermediate-term trend has been DOWN since Apr 4th, 2024 at 40.77
The short-term trend has been UP since Apr 17th, 2024 at 39.64
Smart Scan Analysis for RYCAX
Based on our trend formula, RYCAX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 40.76 | 40.76 | 40.76 | 40.95 | +0.19 |
| Prev. Close | Volume | Bid | Ask | Time |
| 40.76 | 0 | 40.95 | 40.95 | 2024-04-23 18:25:00 |
| 52wk High | 48.36 | 52wk High Date | 2023-05-01 |
| 52wk Low | 38.41 | 52wk Low Date | 2023-12-20 |
| Year End Close | 39.29 | Payment Date | 2003-04-17 |