Mutual Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
RYDEX SERIES FDS NASDAQ-100 FUND CLASS A (NASDAQ:RYATX)
Strong Downtrend (-100) - RYATX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RYATX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RYATX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYATX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYATX
The long-term trend has been DOWN since Jan 18th, 2022 at 63.45
The intermediate-term trend has been DOWN since Dec 1st, 2021 at 70.02
The short-term trend has been DOWN since Jan 13th, 2022 at 65.04
Smart Scan Analysis for RYATX
Based on our trend formula, RYATX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||72.59||52wk High Date||2021-11-19|
|52wk Low||54.17||52wk Low Date||2021-03-08|
|Year End Close||67.99|