Mutual Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
RYDEX SERIES FDS GOVERNMENT LONG BOND 1.2X STRATEGY FD CL C (NASDAQ:RYCGX)
Bull Market Weakness (+75) - RYCGX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RYCGX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RYCGX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYCGX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYCGX
The long-term trend has been UP since Feb 20th, 2020 at 62.37
The intermediate-term trend has been DOWN since Mar 18th, 2020 at 65.17
The short-term trend has been UP since Mar 20th, 2020 at 67.74
Smart Scan Analysis for RYCGX
Based on our trend formula, RYCGX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||80.1||52wk High Date||2020-03-09|
|52wk Low||50.99||52wk Low Date||2019-04-16|
|Year End Close||56.67|