Mutual Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
RYDEX SERS FDS INVERSE HIGH YIELD STRATEGY FUND H CLASS (NASDAQ:RYIHX)
Crossroads (+60) - RYIHX is struggling to move into a solid trend. Beware of choppy markets 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 Jun 5th, 2020 at 58.01
The intermediate-term trend has been UP since Feb 25th, 2021 at 51.18
The short-term trend has been UP since Feb 25th, 2021 at 51.10
Smart Scan Analysis for RYIHX
Based on our trend formula, RYIHX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||68.72||52wk High Date||2020-03-23|
|52wk Low||50.58||52wk Low Date||2021-02-10|
|Year End Close||50.84|