Analyze Symbol

Mutual Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

RYDEX TECH FUND - C CL (NASDAQ:RYCHX)

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.

NASDAQ_RYCHX
Open High Low RYCHX Price Change
79.21 79.21 79.21 79.21 +0.95
Entry Signal

MarketClub’s Trade Triangles for RYCHX

long term down The long term trend has been DOWN since Oct 10th, 2018 at 83.33

intermediate term down The intermediate term trend has been DOWN since Oct 4th, 2018 at 87.65

short term up The short term trend has been UP since Nov 26th, 2018 at 75.76

Smart Scan Analysis for RYCHX

Based on a pre-defined weighted trend formula for chart analysis, RYCHX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for RYCHX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
79.21 79.21 79.21 79.21 +0.95
Prev. Close Volume Bid Ask Time
79.21 2018-12-07 00:00:00
52wk High90.152wk High Date2018-08-29
52wk Low74.8252wk Low Date2018-02-08
Year End Close75.69
Want to analyze RYDEX TECH FUND - C CL RYCHX or another symbol? Try our Free Mutual Trend Analysis Report.