Mutual Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
RYDEX SERIES FUNDS S&P MID-CAP 400 PURE VALUE H CLASS (NASDAQ:RYAVX)
Bull Market Weakness (+75) - RYAVX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RYAVX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RYAVX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYAVX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYAVX
The long-term trend has been DOWN since Feb 24th, 2020 at 49.42
The intermediate-term trend has been UP since Apr 8th, 2020 at 32.40
The short-term trend has been UP since May 18th, 2020 at 33.46
Smart Scan Analysis for RYAVX
Based on our trend formula, RYAVX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||54.51||52wk High Date||2019-12-12|
|52wk Low||26.73||52wk Low Date||2020-03-23|
|Year End Close||53.88|