Mutual Trend Analysis Report
Prepared for you on Sunday, August 20, 2017.
RYDEX SERIES FUNDS STRENGTHENING DOLLAR 2X STRATEGY FUND C CL (NASDAQ:RYSJX)
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 RYSJX
The long term trend has been DOWN since Mar 22nd, 2017 at 47.56
The intermediate term trend has been DOWN since Jun 27th, 2017 at 44.58
The short term trend has been DOWN since Aug 10th, 2017 at 41.82
Smart Scan Analysis for RYSJX
Based on a pre-defined weighted trend formula for chart analysis, RYSJX scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||51.3||52wk High Date||2016-12-20|
|52wk Low||41.23||52wk Low Date||2017-08-03|
|Year End Close||50.39|