Mutual Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
RYDEX SERIES FUNDS STRENGTHENING DOLLAR 2X STRATEGY FUND C CL (NASDAQ:RYSJX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 RYSJX
The long term trend has been UP since May 1st, 2018 at 40.82
The intermediate term trend has been DOWN since Aug 27th, 2018 at 43.97
The short term trend has been UP since Sep 27th, 2018 at 43.31
Smart Scan Analysis for RYSJX
Based on a pre-defined weighted trend formula for chart analysis, RYSJX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||45.51||52wk High Date||2018-08-15|
|52wk Low||37.79||52wk Low Date||2018-02-01|
|Year End Close||40.94|