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Mutual Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

RYDEX SERIES FDS STRENGTHENING DOLLAR 2X STRATEGY FUND H CLASS (NASDAQ:RYSBX)

Sidelines Mode (-55) - RYSBX 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 RYSBX?

MarketClub looks at technical strength and momentum to determine if the timing is right for RYSBX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_RYSBX
Open High Low RYSBX Price Change
61.05 61.05 61.05 62.55 +0.78
Entry Signal

MarketClub’s Trade Triangles for RYSBX

long term down The long-term trend has been DOWN since Dec 13th, 2023 at 60.44

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2024 at 61.36

short term up The short-term trend has been UP since Mar 12th, 2024 at 60.26

Smart Scan Analysis for RYSBX

Based on our trend formula, RYSBX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for RYSBX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
61.05 61.05 61.05 62.55 +0.78
Prev. Close Volume Bid Ask Time
62.21 0 61.83 61.83 2024-03-21 20:00:00
52wk High64.9852wk High Date2023-10-03
52wk Low55.6752wk Low Date2023-07-13
Year End Close57.86
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