Mutual Trend Analysis Report
Prepared for you on Friday, March 22, 2019.
RYDEX SERIES FDS INTERNET FUND H CLASS (NASDAQ:RYIAX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.
MarketClub’s Trade Triangles for RYIAX
The long term trend has been DOWN since Oct 4th, 2018 at 121.29
The intermediate term trend has been UP since Jan 7th, 2019 at 89.71
The short term trend has been UP since Mar 11th, 2019 at 104.35
Smart Scan Analysis for RYIAX
Based on a pre-defined weighted trend formula for chart analysis, RYIAX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-07-25|
|52wk Low||81.63||52wk Low Date||2018-12-24|
|Year End Close||87.75|