Mutual Trend Analysis Report
Prepared for you on Friday, November 24, 2017.
RYDEX SERIES FUNDS (NASDAQ:RYMHX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 RYMHX
The long term trend has been DOWN since Nov 14th, 2016 at 27.56
The intermediate term trend has been DOWN since Sep 11th, 2017 at 24.43
The short term trend has been UP since Nov 7th, 2017 at 23.07
Smart Scan Analysis for RYMHX
Based on a pre-defined weighted trend formula for chart analysis, RYMHX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||26.58||52wk High Date||2016-12-01|
|52wk Low||22.77||52wk Low Date||2017-11-21|
|Year End Close||25.93|