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Mutual Trend Analysis Report

Prepared for you on Monday, May 16, 2022.

RYDEX DYNAMIC FDS INVERSE DOWN 2X STRATEGY FD CL A (NASDAQ:RYIDX)

Bull Market Weakness (+75) - RYIDX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RYIDX as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid RYIDX?

MarketClub looks at technical strength and momentum to determine if the timing is right for RYIDX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_RYIDX
Open High Low RYIDX Price Change
49.45 49.45 49.45 49.33 -0.12
Entry Signal

MarketClub’s Trade Triangles for RYIDX

long term up The long-term trend has been UP since Feb 22nd, 2022 at 47.12

intermediate term up The intermediate-term trend has been UP since Apr 12th, 2022 at 44.38

short term down The short-term trend has been DOWN since May 13th, 2022 at 49.63

Smart Scan Analysis for RYIDX

Based on our trend formula, RYIDX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for RYIDX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
49.45 49.45 49.45 49.33 -0.12
Prev. Close Volume Bid Ask Time
49.45 0 49.33 51.79 2022-05-16 18:05:01
52wk High51.3752wk High Date2021-06-18
52wk Low39.9452wk Low Date2022-01-04
Year End Close40.96
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