Mutual Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
RYDEX DYNAMIC FDS INVERSE DYNAMIC S&P 500 FUND A CLASS (NASDAQ:RYTMX)
Weak Downtrend (-65) - RYTMX is showing signs of a strengthening downtrend. Monitor RYTMX as it may be building momentum to the downside.
Is it time to buy, sell, or avoid RYTMX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYTMX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYTMX
The long-term trend has been DOWN since May 18th, 2020 at 123.75
The intermediate-term trend has been DOWN since Oct 15th, 2021 at 45.41
The short-term trend has been DOWN since Nov 24th, 2021 at 40.34
Smart Scan Analysis for RYTMX
Based on our trend formula, RYTMX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||73.84||52wk High Date||2020-11-30|
|52wk Low||40.23||52wk Low Date||2021-11-18|
|Year End Close||68.26|