Mutual Trend Analysis Report
Prepared for you on Friday, April 26, 2019.
RYDEX SERIES FDS GOVERNMENT LONG BOND 1.2X STRATEGY FD CL A (NASDAQ:RYABX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines 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 RYABX
The long term trend has been UP since Dec 24th, 2018 at 51.16
The intermediate term trend has been DOWN since Apr 16th, 2019 at 51.59
The short term trend has been UP since Apr 18th, 2019 at 51.74
Smart Scan Analysis for RYABX
Based on a pre-defined weighted trend formula for chart analysis, RYABX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk High Date||2019-01-03|
|52wk Low||46.14||52wk Low Date||2018-11-02|
|Year End Close||50.98|