Mutual Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
RYDEX SERIES FDS INVERSE S&P 500 STRATEGY FUND A CLASS (NASDAQ:RYARX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 RYARX
The long term trend has been UP since Oct 24th, 2018 at 55.44
The intermediate term trend has been DOWN since Jan 7th, 2019 at 58.60
The short term trend has been DOWN since Feb 12th, 2019 at 54.79
Smart Scan Analysis for RYARX
Based on a pre-defined weighted trend formula for chart analysis, RYARX scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-12-24|
|52wk Low||51.32||52wk Low Date||2018-09-20|
|Year End Close||59.32||Payment Date||2007-12-28|