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Mutual Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
RYDEX DYNAMIC FDS INVERSE S&P 500 2X STRATEGY FD CL H (NASDAQ:RYTPX)
Bear Market Rally (-75) - RYTPX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RYTPX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid RYTPX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYTPX.
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 RYTPX
The long-term trend has been DOWN since Feb 1st, 2023 at 44.47
The intermediate-term trend has been UP since Feb 21st, 2023 at 45.80
The short-term trend has been DOWN since Mar 14th, 2023 at 48.12
Smart Scan Analysis for RYTPX
Based on our trend formula, RYTPX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 47.34 | 47.34 | 47.34 | 46.80 | -0.54 |
| Prev. Close | Volume | Bid | Ask | Time |
| 47.34 | 0 | 46.80 | 46.80 | 2023-03-24 18:05:00 |
| 52wk High | 59.41 | 52wk High Date | 2022-09-30 |
| 52wk Low | 39.28 | 52wk Low Date | 2022-03-29 |
| Year End Close | 50.12 | Payment Date | 2008-04-14 |