Mutual Trend Analysis Report
Prepared for you on Thursday, October 18, 2018.
RYDEX SERIES FUNDS (NASDAQ:RYWYX)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 RYWYX
The long term trend has been UP since Jun 21st, 2018 at 42.26
The intermediate term trend has been DOWN since Sep 27th, 2018 at 44.63
The short term trend has been DOWN since Sep 26th, 2018 at 44.74
Smart Scan Analysis for RYWYX
Based on a pre-defined weighted trend formula for chart analysis, RYWYX scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||51.04||52wk High Date||2018-10-11|
|52wk Low||33.08||52wk Low Date||2018-01-26|