Free Daily Analysis

Mutual Trend Analysis Report

Prepared for you on Sunday, October 25, 2020.

RYDEX TECHNOLOGY FUND - C CLASS (NASDAQ:RYCHX)

Countertrend Up (+85) - RYCHX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid RYCHX?

MarketClub looks at technical strength and momentum to determine if the timing is right for RYCHX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_RYCHX
Open High Low RYCHX Price Change
125.90 125.90 125.90 126.51 +0.61
Entry Signal

MarketClub’s Trade Triangles for RYCHX

long term up The long-term trend has been UP since Jun 1st, 2020 at 103.30

intermediate term up The intermediate-term trend has been UP since Sep 28th, 2020 at 119.11

short term down The short-term trend has been DOWN since Oct 15th, 2020 at 127.89

Smart Scan Analysis for RYCHX

Based on our trend formula, RYCHX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for RYCHX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
125.90 125.90 125.90 126.51 +0.61
Prev. Close Volume Bid Ask Time
125.90 0 126.51 126.51 2020-10-23 20:00:00
52wk High128.9252wk High Date2020-09-02
52wk Low72.6352wk Low Date2020-03-16
Year End Close96.32
Get a free daily analysis and signals for RYDEX TECHNOLOGY FUND - C CLASS (RYCHX) - Request Your Free Report.