Mutual Trend Analysis Report
Prepared for you on Wednesday, October 5, 2022.
RYDEX SERIES FDS INVERSE MID-CAP STRATEGY FUND H CLASS (NASDAQ:RYMHX)
Bear Market Rally (-75) - RYMHX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RYMHX as it may be in the beginning of a reversal.
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 Aug 10th, 2022 at 58.98
The intermediate-term trend has been UP since Aug 29th, 2022 at 60.29
The short-term trend has been DOWN since Sep 28th, 2022 at 66.86
Smart Scan Analysis for RYMHX
Based on our trend formula, RYMHX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||68.77||52wk High Date||2022-06-16|
|52wk Low||55.18||52wk Low Date||2021-11-16|
|Year End Close||56|