Mutual Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
RYDEX SERIES FDS INVERSE MID-CAP STRATEGY FUND CLASS C (NASDAQ:RYCLX)
Bear Market Rally (-75) - RYCLX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RYCLX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid RYCLX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYCLX.
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 RYCLX
The long-term trend has been DOWN since Dec 12th, 2023 at 49.68
The intermediate-term trend has been DOWN since Jan 29th, 2024 at 44.91
The short-term trend has been UP since Mar 14th, 2024 at 42.81
Smart Scan Analysis for RYCLX
Based on our trend formula, RYCLX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
43.05 | 43.05 | 43.05 | 43.15 | +0.10 |
Prev. Close | Volume | Bid | Ask | Time |
43.05 | 0 | 43.15 | 43.15 | 2024-03-18 18:45:00 |
52wk High | 57.4 | 52wk High Date | 2023-10-27 |
52wk Low | 42.34 | 52wk Low Date | 2024-03-07 |
Year End Close | 44.52 |