Mutual Trend Analysis Report
Prepared for you on Friday, October 20, 2017.
RYDEX SERIES FUNDS RUSSELL 2000 STRATEGY FUND CL H (NASDAQ:RYSHX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 RYSHX
The long term trend has been DOWN since Nov 11th, 2016 at 26.57
The intermediate term trend has been DOWN since Sep 1st, 2017 at 23.03
The short term trend has been DOWN since Aug 22nd, 2017 at 23.96
Smart Scan Analysis for RYSHX
Based on a pre-defined weighted trend formula for chart analysis, RYSHX scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||28.88||52wk High Date||2016-11-03|
|52wk Low||21.45||52wk Low Date||2017-10-03|
|Year End Close||24.36||Payment Date||2007-12-28|