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Mutual Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
RYDEX SERIES FDS COMMODITIES STRATEGY FUND A CLASS (NASDAQ:RYMEX)
Countertrend Up (+85) - RYMEX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Mar 13th, 2024 at 29.74
The intermediate-term trend has been UP since Jan 22nd, 2024 at 28.20
The short-term trend has been DOWN since Apr 9th, 2024 at 31.53
Smart Scan Analysis for RYMEX
Based on our trend formula, RYMEX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 30.84 | 30.84 | 30.84 | 31.09 | +0.25 |
| Prev. Close | Volume | Bid | Ask | Time |
| 30.84 | 0 | 31.09 | 32.64 | 2024-04-19 20:00:00 |
| 52wk High | 33.26 | 52wk High Date | 2023-09-14 |
| 52wk Low | 26.95 | 52wk Low Date | 2023-05-31 |
| Year End Close | 27.79 |