Mutual Trend Analysis Report
Prepared for you on Tuesday, August 21, 2018.
RYDEX SERIES FUNDS ENERGY FUND CL A (NASDAQ:RYENX)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 UP since May 7th, 2018 at 77.42
The intermediate term trend has been UP since Jun 29th, 2018 at 79.59
The short term trend has been DOWN since Jul 2nd, 2018 at 79.62
Smart Scan Analysis for RYENX
Based on a pre-defined weighted trend formula for chart analysis, RYENX scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||83.01||52wk High Date||2018-05-21|
|52wk Low||60.26||52wk Low Date||2017-08-21|
|Year End Close||73.7||Payment Date||2007-12-28|