Mutual Trend Analysis Report
Prepared for you on Wednesday, November 22, 2017.
RYDEX SERIES FUNDS (NASDAQ:RYAQX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.
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 RYAQX
The long term trend has been DOWN since Apr 11th, 2017 at 34.33
The intermediate term trend has been DOWN since Nov 6th, 2017 at 32.64
The short term trend has been UP since Nov 9th, 2017 at 32.52
Smart Scan Analysis for RYAQX
Based on a pre-defined weighted trend formula for chart analysis, RYAQX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||36.29||52wk High Date||2016-12-14|
|52wk Low||31.79||52wk Low Date||2017-09-07|
|Year End Close||35.24|