Mutual Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
RYDEX DYNAMIC FDS INVERSE S&P 500 2X STRATEGY FD CL C (NASDAQ:RYCBX)
Strong Downtrend (-100) - RYCBX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RYCBX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RYCBX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYCBX.
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 RYCBX
The long-term trend has been DOWN since Dec 1st, 2023 at 30.94
The intermediate-term trend has been DOWN since Nov 8th, 2023 at 33.56
The short-term trend has been DOWN since Mar 19th, 2024 at 23.91
Smart Scan Analysis for RYCBX
Based on our trend formula, RYCBX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
23.37 | 23.37 | 23.37 | 23.08 | +0.14 |
Prev. Close | Volume | Bid | Ask | Time |
23.51 | 0 | 23.51 | 23.51 | 2024-03-26 20:00:00 |
52wk High | 37.93 | 52wk High Date | 2023-04-26 |
52wk Low | 23.08 | 52wk Low Date | 2024-03-28 |
Year End Close | 27.5 | Payment Date | 2016-11-07 |