Mutual Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
RYDEX SERIES FDS INVERSE MID-CAP STRATEGY FUND CLASS C (NASDAQ:RYCLX)
Bull Market Weakness (+75) - RYCLX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RYCLX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RYCLX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYCLX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYCLX
The long-term trend has been DOWN since Aug 11th, 2021 at 52.19
The intermediate-term trend has been UP since Jan 18th, 2022 at 49.71
The short-term trend has been UP since Jan 5th, 2022 at 48.69
Smart Scan Analysis for RYCLX
Based on our trend formula, RYCLX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||62.92||52wk High Date||2021-01-29|
|52wk Low||48.01||52wk Low Date||2021-11-16|
|Year End Close||48.69|