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Mutual Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Rydex Series Fds, Strengthening Dollar 2x Fund A Class (NASDAQ:RYSDX)
Bull Market Weakness (+75) - RYSDX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RYSDX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RYSDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYSDX.
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 RYSDX
The long-term trend has been UP since Mar 28th, 2024 at 62.63
The intermediate-term trend has been UP since Mar 21st, 2024 at 61.85
The short-term trend has been DOWN since Apr 17th, 2024 at 64.74
Smart Scan Analysis for RYSDX
Based on our trend formula, RYSDX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 64.97 | 64.97 | 64.97 | 64.33 | -0.04 |
| Prev. Close | Volume | Bid | Ask | Time |
| 64.57 | 0 | 64.93 | 68.17 | 2024-04-19 20:00:00 |
| 52wk High | 68.46 | 52wk High Date | 2023-10-03 |
| 52wk Low | 55.86 | 52wk Low Date | 2023-07-13 |
| Year End Close | 58.08 |