Mutual Trend Analysis Report
Prepared for you on Sunday, April 18, 2021.
RYDEX SERIES FDS INVERSE MID-CAP STRATEGY FUND H CLASS (NASDAQ:RYMHX)
Strong Downtrend (-100) - RYMHX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RYMHX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYMHX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYMHX
The long-term trend has been DOWN since Jun 2nd, 2020 at 98.70
The intermediate-term trend has been DOWN since Mar 10th, 2021 at 65.02
The short-term trend has been DOWN since Mar 26th, 2021 at 64.78
Smart Scan Analysis for RYMHX
Based on our trend formula, RYMHX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||96.49||52wk High Date||2020-09-23|
|52wk Low||17.78||52wk Low Date||2020-08-12|
|Year End Close||73.36|