Mutual Trend Analysis Report
Prepared for you on Wednesday, May 27, 2020.
GOVERNMENT LONG BOND 1.2X STRATEGY FUND H-CLASS (NASDAQ:RYHBX)
Sidelines Mode (-55) - RYHBX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RYHBX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYHBX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYHBX
The long-term trend has been UP since Feb 20th, 2020 at 62.85
The intermediate-term trend has been DOWN since May 6th, 2020 at 73.81
The short-term trend has been UP since May 13th, 2020 at 74.11
Smart Scan Analysis for RYHBX
Based on our trend formula, RYHBX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||80.74||52wk High Date||2020-03-09|
|52wk Low||55.04||52wk Low Date||2019-05-28|
|Year End Close||57.11|