Mutual Trend Analysis Report
Prepared for you on Thursday, January 17, 2019.
RYDEX SERIES FDS ENERGY FUND CLASS A (NASDAQ:RYENX)
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 RYENX
The long term trend has been DOWN since Oct 19th, 2018 at 74.63
The intermediate term trend has been UP since Jan 7th, 2019 at 57.71
The short term trend has been UP since Dec 26th, 2018 at 53.99
Smart Scan Analysis for RYENX
Based on a pre-defined weighted trend formula for chart analysis, RYENX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-05-21|
|52wk Low||50.91||52wk Low Date||2018-12-24|
|Year End Close||54.5||Payment Date||2007-12-28|