Mutual Trend Analysis Report
Prepared for you on Monday, September 25, 2017.
RYDEX SERIES FUNDS MID-CAP 1.5X STRATEGY FUND CL C (NASDAQ:RYDCX)
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.
MarketClub’s Trade Triangles for RYDCX
The long term trend has been DOWN since Aug 18th, 2017 at 68.71
The intermediate term trend has been DOWN since Aug 9th, 2017 at 71.90
The short term trend has been UP since Aug 30th, 2017 at 69.49
Smart Scan Analysis for RYDCX
Based on a pre-defined weighted trend formula for chart analysis, RYDCX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||74.7||52wk High Date||2017-07-25|
|52wk Low||56.19||52wk Low Date||2016-11-03|
|Year End Close||66.87|