Mutual Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
RYDEX SERIES FUNDS (NASDAQ:RYACX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for RYACX
The long term trend has been DOWN since Mar 1st, 2017 at 66.34
The intermediate term trend has been DOWN since Jul 9th, 2018 at 47.15
The short term trend has been UP since Jul 19th, 2018 at 46.60
Smart Scan Analysis for RYACX
Based on a pre-defined weighted trend formula for chart analysis, RYACX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||59.89||52wk High Date||2017-09-25|
|52wk Low||44.71||52wk Low Date||2018-08-29|
|Year End Close||54.74||Payment Date||2007-12-14|