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Mutual Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
RYDEX SERIES FDS INVERSE RUSSELL 2000 STRATEGY FUND C CLASS (NASDAQ:RYCQX)
Strong Downtrend (-100) - RYCQX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RYCQX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYCQX.
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 RYCQX
The long-term trend has been DOWN since Jun 3rd, 2020 at 16.37
The intermediate-term trend has been DOWN since Apr 8th, 2020 at 20.90
The short-term trend has been DOWN since Jul 29th, 2020 at 15.47
Smart Scan Analysis for RYCQX
Based on our trend formula, RYCQX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15.35 | 15.49 | 15.49 | 15.49 | +0.14 |
| Prev. Close | Volume | Bid | Ask | Time |
| 15.23 | 0 | 15.49 | 15.49 | 2020-07-31 18:05:00 |
| 52wk High | 25.42 | 52wk High Date | 2020-03-18 |
| 52wk Low | 15.23 | 52wk Low Date | 2020-06-08 |
| Year End Close | 16.4 |