Mutual Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
RYDEX DYNAMIC FDS INVERSE NASDAQ-100 2X STRATEGY FD CL A (NASDAQ:RYVTX)
Long-Term Uptrend (+90) - RYVTX is in a strong uptrend that is likely to continue. While RYVTX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid RYVTX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYVTX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYVTX
The long-term trend has been UP since Jan 27th, 2022 at 40.41
The intermediate-term trend has been UP since Apr 11th, 2022 at 36.74
The short-term trend has been UP since May 24th, 2022 at 50.43
Smart Scan Analysis for RYVTX
Based on our trend formula, RYVTX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||53.41||52wk High Date||2022-05-24|
|52wk Low||29.86||52wk Low Date||2021-12-27|
|Year End Close||30.75||Payment Date||2011-12-05|