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Mutual Trend Analysis Report

Prepared for you on Saturday, May 28, 2022.

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
44.93 44.93 44.93 48.92 +0.93
Entry Signal

MarketClub’s Trade Triangles for RYCNX

long term down The long-term trend has been DOWN since Dec 9th, 2021 at 62.83

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2022 at 52.19

short term down The short-term trend has been DOWN since May 18th, 2022 at 47.27

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
44.93 44.93 44.93 48.92 +0.93
Prev. Close Volume Bid Ask Time
47.61 0 45.86 45.86 2022-05-25 17:34:59
52wk High77.1452wk High Date2021-11-08
52wk Low44.9352wk Low Date2022-05-24
Year End Close63.01
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