Mutual Trend Analysis Report
Prepared for you on Sunday, April 22, 2018.
RYDEX SERIES FUNDS (NASDAQ:RYWYX)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 RYWYX
The long term trend has been DOWN since Feb 10th, 2017 at 67.76
The intermediate term trend has been UP since Mar 22nd, 2018 at 38.53
The short term trend has been UP since Mar 28th, 2018 at 40.30
Smart Scan Analysis for RYWYX
Based on a pre-defined weighted trend formula for chart analysis, RYWYX scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||64.45||52wk High Date||2017-04-20|
|52wk Low||33.08||52wk Low Date||2018-01-26|