Mutual Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
RYDEX SERIES FUNDS STRENGTHENING DOLLAR 2X STRATEGY FUND C CL (NASDAQ:RYSJX)
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 RYSJX
The long term trend has been UP since May 1st, 2018 at 40.82
The intermediate term trend has been UP since Oct 2nd, 2018 at 44.34
The short term trend has been DOWN since Nov 28th, 2018 at 46.05
Smart Scan Analysis for RYSJX
Based on a pre-defined weighted trend formula for chart analysis, RYSJX scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||46.62||52wk High Date||2018-11-12|
|52wk Low||37.79||52wk Low Date||2018-02-01|
|Year End Close||40.94|