Mutual Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
RYDEX SERIES FDS RUSSELL 2000 1.5X STRATEGY FD CL C (NASDAQ:RYCMX)
Strong Uptrend (+100) - RYCMX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RYCMX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid RYCMX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYCMX.
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 RYCMX
The long-term trend has been UP since Dec 13th, 2023 at 34.93
The intermediate-term trend has been UP since Mar 21st, 2024 at 38.51
The short-term trend has been UP since Mar 27th, 2024 at 38.17
Smart Scan Analysis for RYCMX
Based on our trend formula, RYCMX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
38.05 | 38.05 | 38.05 | 39.56 | +1.25 |
Prev. Close | Volume | Bid | Ask | Time |
38.05 | 0 | 39.30 | 39.30 | 2024-03-27 20:00:00 |
52wk High | 39.3 | 52wk High Date | 2024-03-27 |
52wk Low | 27.29 | 52wk Low Date | 2023-10-27 |
Year End Close | 37.27 |