Mutual Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
RYDEX DYNAMIC FDS DOW 2X STRATEGY FD CL H (NASDAQ:RYCVX)
Countertrend Up (+85) - RYCVX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid RYCVX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYCVX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYCVX
The long-term trend has been UP since Aug 10th, 2020 at 90.61
The intermediate-term trend has been UP since Mar 10th, 2021 at 120.39
The short-term trend has been DOWN since Apr 20th, 2021 at 136.31
Smart Scan Analysis for RYCVX
Based on our trend formula, RYCVX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||137.6||52wk High Date||2021-04-16|
|52wk Low||64.51||52wk Low Date||2020-05-13|
|Year End Close||110.44|