Mutual Trend Analysis Report
Prepared for you on Sunday, October 25, 2020.
RYDEX SERIES FDS INVERSE NASDAQ-100 STRATEGY FD CL A (NASDAQ:RYAPX)
Countertrend Down (-85) - RYAPX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid RYAPX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYAPX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYAPX
The long-term trend has been DOWN since Apr 29th, 2020 at 39.87
The intermediate-term trend has been DOWN since Sep 30th, 2020 at 30.09
The short-term trend has been UP since Oct 15th, 2020 at 28.49
Smart Scan Analysis for RYAPX
Based on our trend formula, RYAPX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||52.39||52wk High Date||2020-03-16|
|52wk Low||27.93||52wk Low Date||2020-09-02|
|Year End Close||44.41|