Mutual Trend Analysis Report
Prepared for you on Monday, June 21, 2021.
RYDEX UTILITIES FUND - C CLASS (NASDAQ:RYCUX)
Bull Market Weakness (+75) - RYCUX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RYCUX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RYCUX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYCUX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYCUX
The long-term trend has been UP since Apr 5th, 2021 at 35.84
The intermediate-term trend has been UP since Jun 10th, 2021 at 36.68
The short-term trend has been UP since Jun 9th, 2021 at 36.56
Smart Scan Analysis for RYCUX
Based on our trend formula, RYCUX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||37.63||52wk High Date||2021-04-20|
|52wk Low||31.59||52wk Low Date||2020-06-26|
|Year End Close||34.76|