Mutual Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
RYDEX SERIES FUNDS (NASDAQ:RYCLX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 RYCLX
The long term trend has been UP since Oct 10th, 2018 at 19.11
The intermediate term trend has been UP since Sep 26th, 2018 at 18.41
The short term trend has been DOWN since Nov 26th, 2018 at 20.40
Smart Scan Analysis for RYCLX
Based on a pre-defined weighted trend formula for chart analysis, RYCLX scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||20.9||52wk High Date||2018-02-08|
|52wk Low||18.2||52wk Low Date||2018-08-29|
|Year End Close||19.93|