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Mutual Trend Analysis Report

Prepared for you on Tuesday, June 22, 2021.

RYDEX DYNAMIC FDS INVERSE S&P 500 2X STRATEGY FD CL C (NASDAQ:RYCBX)

Countertrend Down (-85) - RYCBX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
44.09 44.09 44.09 43.63 -0.46
Entry Signal

MarketClub’s Trade Triangles for RYCBX

long term down The long-term trend has been DOWN since May 18th, 2020 at 107.10

intermediate term down The intermediate-term trend has been DOWN since Jun 2nd, 2021 at 44.71

short term up The short-term trend has been UP since Jun 16th, 2021 at 43.72

Smart Scan Analysis for RYCBX

Based on our trend formula, RYCBX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for RYCBX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
44.09 44.09 44.09 43.63 -0.46
Prev. Close Volume Bid Ask Time
44.09 0 43.63 43.63 2021-06-22 20:00:00
52wk High8252wk High Date2020-09-23
52wk Low15.3352wk Low Date2020-08-12
Year End Close58.67
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