Mutual Trend Analysis Report
Prepared for you on Sunday, May 29, 2022.
RYDEX SERIES FDS ENERGY FUND H CLASS (NASDAQ:RYEAX)
Strong Uptrend (+100) - RYEAX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RYEAX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid RYEAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYEAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYEAX
The long-term trend has been UP since Oct 4th, 2021 at 160.41
The intermediate-term trend has been UP since May 25th, 2022 at 223.97
The short-term trend has been UP since May 13th, 2022 at 205.41
Smart Scan Analysis for RYEAX
Based on our trend formula, RYEAX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||239.17||52wk High Date||2022-05-27|
|52wk Low||131.11||52wk Low Date||2021-08-19|
|Year End Close||159.42|