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Mutual Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Rydex Biotechnology Fund - C Class (NASDAQ:RYCFX)
Strong Downtrend (-100) - RYCFX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RYCFX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RYCFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYCFX.
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 RYCFX
The long-term trend has been DOWN since Apr 4th, 2024 at 49.44
The intermediate-term trend has been DOWN since Mar 14th, 2024 at 50.53
The short-term trend has been DOWN since Apr 10th, 2024 at 49.16
Smart Scan Analysis for RYCFX
Based on our trend formula, RYCFX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 47.24 | 47.24 | 47.24 | 46.41 | -0.24 |
| Prev. Close | Volume | Bid | Ask | Time |
| 46.76 | 0 | 47.00 | 47.00 | 2024-04-16 20:00:00 |
| 52wk High | 52.78 | 52wk High Date | 2024-02-27 |
| 52wk Low | 41.69 | 52wk Low Date | 2023-10-27 |
| Year End Close | 50.49 | Payment Date | 2018-12-11 |