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Mutual Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
RYDEX DYNAMIC FDS S&P 500 2X STRATEGY FD CL H (NASDAQ:RYTNX)
Crossroads (-60) - RYTNX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RYTNX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYTNX.
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 RYTNX
The long-term trend has been UP since Dec 1st, 2023 at 221.15
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 274.30
The short-term trend has been DOWN since Apr 10th, 2024 at 280.03
Smart Scan Analysis for RYTNX
Based on our trend formula, RYTNX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 264.62 | 264.62 | 264.62 | 265.06 | -1.14 |
| Prev. Close | Volume | Bid | Ask | Time |
| 254.54 | 0 | 263.48 | 263.48 | 2024-04-16 20:00:00 |
| 52wk High | 286.07 | 52wk High Date | 2024-03-28 |
| 52wk Low | 180.46 | 52wk Low Date | 2023-10-27 |
| Year End Close | 239.53 | Payment Date | 2003-04-17 |