Mutual Trend Analysis Report
Prepared for you on Wednesday, September 23, 2020.
RYDEX SERIES TRUST ENERGY FUND INVESTOR CLASS (NASDAQ:RYEIX)
Countertrend Down (-85) - RYEIX 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 RYEIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYEIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYEIX
The long-term trend has been DOWN since Jan 31st, 2020 at 163.08
The intermediate-term trend has been DOWN since Aug 26th, 2020 at 108.85
The short-term trend has been UP since Sep 16th, 2020 at 99.58
Smart Scan Analysis for RYEIX
Based on our trend formula, RYEIX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||117.33||52wk High Date||2020-08-12|
|52wk Low||21.91||52wk Low Date||2020-03-18|
|Year End Close||61.67|