Mutual Trend Analysis Report
Prepared for you on Monday, January 17, 2022.
RYDEX SERS FDS INVERSE HIGH YIELD STRATEGY FUND H CLASS (NASDAQ:RYIHX)
Sidelines Mode (+55) - RYIHX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RYIHX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYIHX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYIHX
The long-term trend has been DOWN since Dec 8th, 2021 at 48.80
The intermediate-term trend has been UP since Jan 5th, 2022 at 48.30
The short-term trend has been DOWN since Jan 11th, 2022 at 48.39
Smart Scan Analysis for RYIHX
Based on our trend formula, RYIHX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||51.75||52wk High Date||2021-03-08|
|52wk Low||47.74||52wk Low Date||2021-12-27|
|Year End Close||47.81|