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Mutual Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
RYDEX SERIES FDS S&P MID-CAP 400 PURE GROWTH FUND CLASS A (NASDAQ:RYMGX)
Sidelines Mode (+55) - RYMGX 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 RYMGX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYMGX.
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 RYMGX
The long-term trend has been UP since Dec 14th, 2023 at 48.45
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 56.94
The short-term trend has been UP since Apr 22nd, 2024 at 55.32
Smart Scan Analysis for RYMGX
Based on our trend formula, RYMGX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 54.75 | 54.75 | 54.75 | 56.45 | +0.62 |
| Prev. Close | Volume | Bid | Ask | Time |
| 55.37 | 0 | 55.37 | 58.13 | 2024-04-22 20:00:00 |
| 52wk High | 62.34 | 52wk High Date | 2024-03-28 |
| 52wk Low | 41.59 | 52wk Low Date | 2023-05-04 |
| Year End Close | 48.51 |