Mutual Trend Analysis Report
Prepared for you on Sunday, March 24, 2019.
RYDEX SERIES FDS INVERSE MID-CAP STRATEGY FUND H CLASS (NASDAQ:RYMHX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 RYMHX
The long term trend has been DOWN since Feb 15th, 2019 at 21.85
The intermediate term trend has been UP since Mar 8th, 2019 at 22.22
The short term trend has been DOWN since Mar 11th, 2019 at 22.02
Smart Scan Analysis for RYMHX
Based on a pre-defined weighted trend formula for chart analysis, RYMHX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-12-24|
|52wk Low||20.4||52wk Low Date||2018-08-29|
|Year End Close||24.89|