Mutual Trend Analysis Report
Prepared for you on Sunday, October 2, 2022.
RYDEX DYNAMIC FDS INVERSE DOW 2X STRATEGY FUND CL H (NASDAQ:RYCWX)
Countertrend Up (+85) - RYCWX 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 RYCWX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYCWX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYCWX
The long-term trend has been UP since Sep 26th, 2022 at 56.26
The intermediate-term trend has been UP since Aug 29th, 2022 at 47.45
The short-term trend has been DOWN since Sep 28th, 2022 at 55.94
Smart Scan Analysis for RYCWX
Based on our trend formula, RYCWX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||59.24||52wk High Date||2022-09-30|
|52wk Low||40.04||52wk Low Date||2022-01-04|
|Year End Close||41.07|