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Mutual Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

RYDEX SERIES FDS BASIC MATERIALS FUND CLASS A (NASDAQ:RYBMX)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

NASDAQ_RYBMX
Open High Low RYBMX Price Change
56.02 55.87 55.87 55.87 -0.15
Entry Signal

MarketClub’s Trade Triangles for RYBMX

long term down The long term trend has been DOWN since May 13th, 2019 at 52.13

intermediate term up The intermediate term trend has been UP since Jun 4th, 2019 at 52.49

short term up The short term trend has been UP since Jul 15th, 2019 at 55.53

Smart Scan Analysis for RYBMX

Based on a pre-defined weighted trend formula for chart analysis, RYBMX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for RYBMX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
56.02 55.87 55.87 55.87 -0.15
Prev. Close Volume Bid Ask Time
56.02 0 55.87 58.66 2019-07-22 19:59:59
52wk High201852wk High Date2018-06-06
52wk Low45.8152wk Low Date2018-12-24
Year End Close48.42
Want to analyze RYDEX SERIES FDS BASIC MATERIALS FUND CLASS A RYBMX or another symbol? Try our Free Mutual Trend Analysis Report.