Mutual Trend Analysis Report
Prepared for you on Sunday, October 21, 2018.
RYDEX SERIES FUNDS COMMODITIES STRATEGY FUND C CL (NASDAQ:RYMJX)
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 RYMJX
The long term trend has been UP since Sep 25th, 2018 at 86.97
The intermediate term trend has been UP since Aug 29th, 2018 at 84.07
The short term trend has been DOWN since Oct 4th, 2018 at 89.67
Smart Scan Analysis for RYMJX
Based on a pre-defined weighted trend formula for chart analysis, RYMJX scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||90.24||52wk High Date||2018-10-03|
|52wk Low||74.63||52wk Low Date||2017-10-19|
|Year End Close||79.88|