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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.

NASDAQ_RYCBX
Open High Low RYCBX Price Change
23.37 23.37 23.37 23.08 +0.14
Entry Signal

MarketClub’s Trade Triangles for RYCBX

long term down The long-term trend has been DOWN since Dec 1st, 2023 at 30.94

intermediate term down The intermediate-term trend has been DOWN since Nov 8th, 2023 at 33.56

short term down 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).

-100
Smart Scan Analysis for RYCBX
Strong Downtrend Sideways 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 High37.9352wk High Date2023-04-26
52wk Low23.0852wk Low Date2024-03-28
Year End Close27.5Payment Date2016-11-07
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