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Mutual Trend Analysis Report

Prepared for you on Tuesday, September 22, 2020.

RYDEX ENERGY - C CLASS (NASDAQ:RYECX)

Countertrend Down (-85) - RYECX 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 RYECX?

MarketClub looks at technical strength and momentum to determine if the timing is right for RYECX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_RYECX
Open High Low RYECX Price Change
82.18 82.18 82.18 78.95 -3.23
Entry Signal

MarketClub’s Trade Triangles for RYECX

long term down The long-term trend has been DOWN since Jan 31st, 2020 at 133.11

intermediate term down The intermediate-term trend has been DOWN since Aug 26th, 2020 at 87.90

short term up The short-term trend has been UP since Sep 16th, 2020 at 80.36

Smart Scan Analysis for RYECX

Based on our trend formula, RYECX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for RYECX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
82.18 82.18 82.18 78.95 -3.23
Prev. Close Volume Bid Ask Time
82.18 0 78.95 78.95 2020-09-21 18:45:00
52wk High94.7752wk High Date2020-08-12
52wk Low17.7652wk Low Date2020-03-18
Year End Close50.12
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