Mutual Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
RYDEX SERS FDS INVERSE HIGH YIELD STRATEGY FUND C CLASS (NASDAQ:RYIYX)
Sidelines Mode (+55) - RYIYX 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 RYIYX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYIYX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYIYX
The long-term trend has been UP since Feb 10th, 2022 at 43.44
The intermediate-term trend has been UP since Jan 6th, 2022 at 41.99
The short-term trend has been DOWN since May 23rd, 2022 at 46.40
Smart Scan Analysis for RYIYX
Based on our trend formula, RYIYX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||46.54||52wk High Date||2022-05-18|
|52wk Low||41.49||52wk Low Date||2021-12-27|
|Year End Close||41.55|