Mutual Trend Analysis Report
Prepared for you on Wednesday, January 20, 2021.
RYDEX SERIES FDS MULTI-HEDGE STRATEGIES FD I CL (NASDAQ:RYIMX)
Long-Term Uptrend (+90) - RYIMX is in a strong uptrend that is likely to continue. While RYIMX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid RYIMX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYIMX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYIMX
The long-term trend has been UP since Jan 12th, 2021 at 26.57
The intermediate-term trend has been UP since Jan 5th, 2021 at 26.40
The short-term trend has been UP since Jan 12th, 2021 at 26.56
Smart Scan Analysis for RYIMX
Based on our trend formula, RYIMX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||26.84||52wk High Date||2020-04-22|
|52wk Low||24.18||52wk Low Date||2020-03-16|
|Year End Close||26.4|