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Mutual Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

RYDEX TRANSPORTATION - C CLASS (NASDAQ:RYCNX)

Weak Downtrend (-65) - RYCNX is showing signs of a strengthening downtrend. Monitor RYCNX as it may be building momentum to the downside.

Is it time to buy, sell, or avoid RYCNX?

MarketClub looks at technical strength and momentum to determine if the timing is right for RYCNX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_RYCNX
Open High Low RYCNX Price Change
42.82 42.82 42.82 40.73 +0.21
Entry Signal

MarketClub’s Trade Triangles for RYCNX

long term up The long-term trend has been UP since Dec 19th, 2023 at 44.43

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 42.87

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 43.13

Smart Scan Analysis for RYCNX

Based on our trend formula, RYCNX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for RYCNX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42.82 42.82 42.82 40.73 +0.21
Prev. Close Volume Bid Ask Time
40.82 0 43.03 43.03 2024-04-11 20:00:00
52wk High48.5152wk High Date2023-07-31
52wk Low37.0852wk Low Date2023-10-27
Year End Close44.45
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