Mutual Trend Analysis Report
Prepared for you on Sunday, September 15, 2019.
RYDEX SERIES FDS S&P 500 PURE VALUE FUND CLASS A (NASDAQ:RYLVX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for RYLVX
The long term trend has been DOWN since Aug 14th, 2019 at 72.36
The intermediate term trend has been UP since Sep 5th, 2019 at 75.01
The short term trend has been UP since Aug 29th, 2019 at 73.10
Smart Scan Analysis for RYLVX
Based on a pre-defined weighted trend formula for chart analysis, RYLVX scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||90.8||52wk High Date||2018-09-21|
|52wk Low||64.73||52wk Low Date||2018-12-24|
|Year End Close||68.39|