Mutual Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
RYDEX SERIES FUNDS (NASDAQ:RYARX)
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 RYARX
The long term trend has been DOWN since Feb 9th, 2017 at 67.32
The intermediate term trend has been DOWN since Jul 9th, 2018 at 54.09
The short term trend has been UP since Sep 24th, 2018 at 51.35
Smart Scan Analysis for RYARX
Based on a pre-defined weighted trend formula for chart analysis, RYARX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||59.72||52wk High Date||2017-10-25|
|52wk Low||51.32||52wk Low Date||2018-09-20|
|Year End Close||57.01||Payment Date||2007-12-28|