Mutual Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
RYDEX SERIES FUNDS MID-CAP 1.5X STRATEGY FUND CL C (NASDAQ:RYDCX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 RYDCX
The long term trend has been UP since Sep 28th, 2017 at 74.70
The intermediate term trend has been UP since Sep 11th, 2017 at 71.25
The short term trend has been DOWN since Nov 7th, 2017 at 77.29
Smart Scan Analysis for RYDCX
Based on a pre-defined weighted trend formula for chart analysis, RYDCX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||77.76||52wk High Date||2017-11-06|
|52wk Low||63.74||52wk Low Date||2016-11-18|
|Year End Close||66.87|