Mutual Trend Analysis Report
Prepared for you on Tuesday, August 21, 2018.
RYDEX SERIES FUNDS TELECOM FUND CL A (NASDAQ:RYTLX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 RYTLX
The long term trend has been UP since Mar 12th, 2018 at 46.10
The intermediate term trend has been DOWN since Jun 27th, 2018 at 43.77
The short term trend has been UP since Jun 28th, 2018 at 43.96
Smart Scan Analysis for RYTLX
Based on a pre-defined weighted trend formula for chart analysis, RYTLX scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||46.99||52wk High Date||2018-08-20|
|52wk Low||42.77||52wk Low Date||2018-02-08|
|Year End Close||43.98|