Mutual Trend Analysis Report
Prepared for you on Tuesday, September 25, 2018.
RYDEX SERIES FUNDS CONSUMER PRODUCTS FUND H CL (NASDAQ:RYCAX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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 RYCAX
The long term trend has been DOWN since Dec 12th, 2017 at 57.29
The intermediate term trend has been UP since May 30th, 2018 at 51.46
The short term trend has been DOWN since Jun 27th, 2018 at 53.69
Smart Scan Analysis for RYCAX
Based on a pre-defined weighted trend formula for chart analysis, RYCAX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||62.15||52wk High Date||2017-12-06|
|52wk Low||50.44||52wk Low Date||2018-05-03|
|Year End Close||57.15||Payment Date||2003-04-17|