Mutual Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
RYDEX DYNAMICS FDS RUSSELL 2000 2X STRATEGY FUND CL H (NASDAQ:RYRSX)
Bear Market Rally (-75) - RYRSX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RYRSX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid RYRSX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYRSX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYRSX
The long-term trend has been DOWN since Dec 1st, 2021 at 213.91
The intermediate-term trend has been UP since Jan 3rd, 2022 at 222.25
The short-term trend has been DOWN since Jan 5th, 2022 at 219.16
Smart Scan Analysis for RYRSX
Based on our trend formula, RYRSX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||266.64||52wk High Date||2021-11-08|
|52wk Low||199.24||52wk Low Date||2021-12-20|
|Year End Close||219.16|