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Mutual Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
RYDEX DYNAMIC FDS INVERSE DYNAMIC DOW FUND C CLASS (NASDAQ:RYCZX)
Strong Downtrend (-100) - RYCZX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RYCZX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RYCZX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYCZX.
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 RYCZX
The long-term trend has been DOWN since Nov 30th, 2023 at 33.14
The intermediate-term trend has been DOWN since May 6th, 2024 at 29.30
The short-term trend has been DOWN since May 3rd, 2024 at 29.97
Smart Scan Analysis for RYCZX
Based on our trend formula, RYCZX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 29.04 | 29.04 | 29.04 | 28.12 | -0.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 28.27 | 0 | 29.01 | 29.01 | 2024-05-07 20:00:00 |
| 52wk High | 40.66 | 52wk High Date | 2023-10-27 |
| 52wk Low | 27.42 | 52wk Low Date | 2024-03-21 |
| Year End Close | 30.09 |