Mutual Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
RYDEX SERIES FUNDS S&P MID-CAP 400 PURE GROWTH FUND H CL (NASDAQ:RYBHX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 RYBHX
The long term trend has been UP since Jun 5th, 2018 at 57.48
The intermediate term trend has been DOWN since Jun 25th, 2018 at 56.98
The short term trend has been UP since Jul 2nd, 2018 at 56.39
Smart Scan Analysis for RYBHX
Based on a pre-defined weighted trend formula for chart analysis, RYBHX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||59.03||52wk High Date||2018-09-14|
|52wk Low||52.56||52wk Low Date||2018-02-08|
|Year End Close||54.02|