Mutual Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
RYDEX DYNAMIC FDS INVERSE RUSSELL 2000 2X STRATEGY FD CL A (NASDAQ:RYIUX)
Sidelines Mode (-55) - RYIUX 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 RYIUX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYIUX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYIUX
The long-term trend has been UP since Sep 26th, 2023 at 11.44
The intermediate-term trend has been DOWN since Nov 14th, 2023 at 11.57
The short-term trend has been UP since Nov 28th, 2023 at 11.03
Smart Scan Analysis for RYIUX
Based on our trend formula, RYIUX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||14.08||52wk High Date||2023-10-27|
|52wk Low||8.9||52wk Low Date||2023-07-31|
|Year End Close||11.72||Payment Date||2011-12-05|