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Mutual Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
RYDEX DYNAMIC FDS INVERSE RUSSELL 2000 2X STRATEGY FD CL H (NASDAQ:RYIRX)
Sidelines Mode (+55) - RYIRX 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 RYIRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYIRX.
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 RYIRX
The long-term trend has been DOWN since Dec 13th, 2023 at 9.55
The intermediate-term trend has been UP since Apr 12th, 2024 at 8.25
The short-term trend has been DOWN since Apr 22nd, 2024 at 8.89
Smart Scan Analysis for RYIRX
Based on our trend formula, RYIRX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.48 | 8.48 | 8.48 | 8.43 | +0.13 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.48 | 0 | 8.61 | 8.61 | 2024-04-25 20:00:00 |
| 52wk High | 13.17 | 52wk High Date | 2023-10-27 |
| 52wk Low | 7.49 | 52wk Low Date | 2024-03-28 |
| Year End Close | 8.25 | Payment Date | 2011-12-05 |