Mutual Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
RYDEX SERS FDS INVERSE HIGH YIELD STRATEGY FUND H CLASS (NASDAQ:RYIHX)
Weak Uptrend (+65) - RYIHX is showing signs of weakening momentum to the upside. Monitor RYIHX as it may be in the beginning stages of a reversal.
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 UP since Mar 9th, 2023 at 52.49
The intermediate-term trend has been UP since Feb 9th, 2023 at 50.86
The short-term trend has been DOWN since Mar 14th, 2023 at 52.46
Smart Scan Analysis for RYIHX
Based on our trend formula, RYIHX is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||56.3||52wk High Date||2022-09-27|
|52wk Low||49.78||52wk Low Date||2023-02-02|
|Year End Close||52.13|