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Mutual Trend Analysis Report
Prepared for you on Wednesday, September 11, 2024.
RYDEX SERIES FDS COMMODITIES STRATEGY FUND A CLASS (NASDAQ:RYMEX)
Strong Downtrend (-100) - RYMEX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RYMEX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RYMEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYMEX.
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 RYMEX
The long-term trend has been DOWN since Jul 19th, 2024 at 30.19
The intermediate-term trend has been DOWN since Jul 9th, 2024 at 30.65
The short-term trend has been DOWN since Aug 28th, 2024 at 29.24
Smart Scan Analysis for RYMEX
Based on our trend formula, RYMEX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 29.05 | 29.05 | 29.05 | 27.45 | -0.62 |
| Prev. Close | Volume | Bid | Ask | Time |
| 27.93 | 0 | 28.43 | 29.85 | 2024-09-03 20:00:00 |
| 52wk High | 34.92 | 52wk High Date | 2023-09-14 |
| 52wk Low | 27.45 | 52wk Low Date | 2024-09-10 |
| Year End Close | 27.79 |