Mutual Trend Analysis Report
Prepared for you on Tuesday, December 11, 2018.
RYDEX SERIES FUNDS UTIL FUND H CL (NASDAQ:RYAUX)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 RYAUX
The long term trend has been UP since May 4th, 2018 at 35.71
The intermediate term trend has been UP since Nov 13th, 2018 at 38.36
The short term trend has been UP since Nov 26th, 2018 at 37.95
Smart Scan Analysis for RYAUX
Based on a pre-defined weighted trend formula for chart analysis, RYAUX scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||39.18||52wk High Date||2017-11-30|
|52wk Low||32.3||52wk Low Date||2018-02-08|
|Year End Close||35.84||Payment Date||2003-04-17|