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Mutual Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
RYDEX SERIES FDS MID-CAP 1.5X STRATEGY FD CL H (NASDAQ:RYMDX)
Bull Market Weakness (+75) - RYMDX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RYMDX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RYMDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYMDX.
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 RYMDX
The long-term trend has been UP since Dec 13th, 2023 at 109.76
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 123.24
The short-term trend has been UP since Apr 22nd, 2024 at 117.72
Smart Scan Analysis for RYMDX
Based on our trend formula, RYMDX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 120.80 | 120.80 | 120.80 | 123.38 | +0.51 |
| Prev. Close | Volume | Bid | Ask | Time |
| 119.32 | 0 | 121.31 | 121.31 | 2024-04-26 20:00:00 |
| 52wk High | 131.39 | 52wk High Date | 2024-03-28 |
| 52wk Low | 88.74 | 52wk Low Date | 2023-10-27 |
| Year End Close | 115.19 |