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Mutual Trend Analysis Report

Prepared for you on Thursday, December 12, 2019.

RYDEX DYNAMIC FDS INVERSE DOW 2X STRATEGY FUND CL H (NASDAQ:RYCWX)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.

NASDAQ_RYCWX
Open High Low RYCWX Price Change
8.13 8.15 8.15 8.15 +0.02
Entry Signal

MarketClub’s Trade Triangles for RYCWX

long term down The long term trend has been DOWN since Jun 21st, 2019 at 9.21

intermediate term up The intermediate term trend has been UP since Dec 3rd, 2019 at 8.31

short term down The short term trend has been DOWN since Dec 6th, 2019 at 8.28

Smart Scan Analysis for RYCWX

Based on a pre-defined weighted trend formula for chart analysis, RYCWX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for RYCWX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.13 8.15 8.15 8.15 +0.02
Prev. Close Volume Bid Ask Time
8.15 0 8.15 8.15 2019-12-10 20:00:00
52wk High14.0652wk High Date2018-12-24
52wk Low8.0152wk Low Date2019-11-27
Year End Close12.18
Want to analyze RYDEX DYNAMIC FDS INVERSE DOW 2X STRATEGY FUND CL H RYCWX or another symbol? Try our Free Mutual Trend Analysis Report.