Mutual Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
RYDEX TELECOMMUNICATIONS - C CLASS (NASDAQ:RYCSX)
Countertrend Down (-85) - RYCSX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid RYCSX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYCSX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYCSX
The long-term trend has been DOWN since Sep 20th, 2021 at 45.61
The intermediate-term trend has been DOWN since Sep 14th, 2021 at 46.26
The short-term trend has been UP since Oct 14th, 2021 at 43.94
Smart Scan Analysis for RYCSX
Based on our trend formula, RYCSX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||47.97||52wk High Date||2021-09-02|
|52wk Low||36.6||52wk Low Date||2020-10-28|
|Year End Close||41.92||Payment Date||2007-04-30|