Mutual Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
RYDEX DYNAMIC FDS INVERSE NASDAQ-100 2X STRATEGY FD CL H (NASDAQ:RYVNX)
Strong Downtrend (-100) - RYVNX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RYVNX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYVNX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYVNX
The long-term trend has been DOWN since Apr 14th, 2020 at 14.96
The intermediate-term trend has been DOWN since Mar 30th, 2020 at 18.30
The short-term trend has been DOWN since Jul 30th, 2020 at 9.03
Smart Scan Analysis for RYVNX
Based on our trend formula, RYVNX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||25.76||52wk High Date||2019-08-23|
|52wk Low||8.29||52wk Low Date||2020-08-05|
|Year End Close||18.66||Payment Date||2011-12-05|