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Mutual Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

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

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
56.83 56.99 56.99 57.02 +0.16
Entry Signal

MarketClub’s Trade Triangles for RYBMX

long term up The long term trend has been UP since Jul 23rd, 2019 at 56.28

intermediate term up The intermediate term trend has been UP since Oct 24th, 2019 at 54.85

short term up The short term trend has been UP since Dec 5th, 2019 at 56.51

Smart Scan Analysis for RYBMX

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

+100
Smart Scan Analysis for RYBMX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
56.83 56.99 56.99 57.02 +0.16
Prev. Close Volume Bid Ask Time
56.53 0 56.99 59.83 2019-12-06 00:00:00
52wk High57.2752wk High Date2019-11-08
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.