Mutual Trend Analysis Report
Prepared for you on Friday, January 17, 2020.
RYDEX SERIES FDS REAL ESTATE CLASS C (NASDAQ:RYCRX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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.
MarketClub’s Trade Triangles for RYCRX
The long term trend has been DOWN since Dec 11th, 2019 at 37.14
The intermediate term trend has been UP since Jan 13th, 2020 at 37.62
The short term trend has been UP since Jan 10th, 2020 at 37.12
Smart Scan Analysis for RYCRX
Based on a pre-defined weighted trend formula for chart analysis, RYCRX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||38.72||52wk High Date||2019-10-23|
|52wk Low||33.13||52wk Low Date||2019-01-22|
|Year End Close||37.62|