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Mutual Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
RYDEX SERS FDS INVERSE HIGH YIELD STRATEGY FUND C CLASS (NASDAQ:RYIYX)
Bear Market Rally (-75) - RYIYX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RYIYX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid RYIYX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYIYX.
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 RYIYX
The long-term trend has been DOWN since Jul 5th, 2024 at 42.74
The intermediate-term trend has been DOWN since Jul 2nd, 2024 at 43.09
The short-term trend has been UP since Jul 18th, 2024 at 42.33
Smart Scan Analysis for RYIYX
Based on our trend formula, RYIYX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 42.44 | 42.44 | 42.44 | 42.43 | +0.18 |
| Prev. Close | Volume | Bid | Ask | Time |
| 42.44 | 0 | 42.62 | 42.62 | 2024-07-24 20:00:00 |
| 52wk High | 46.75 | 52wk High Date | 2023-10-19 |
| 52wk Low | 42.17 | 52wk Low Date | 2024-07-16 |
| Year End Close | 42.38 |