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.
MarketClub’s Trade Triangles for RYCNX
The long-term trend has been DOWN since Dec 9th, 2021 at 62.83
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 52.19
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).
|52wk High||77.14||52wk High Date||2021-11-08|
|52wk Low||44.93||52wk Low Date||2022-05-24|
|Year End Close||63.01|