Mutual Trend Analysis Report
Prepared for you on Friday, April 26, 2019.
RYDEX SERIES FDS PRECIOUS METALS FUND H CLASS (NASDAQ:RYMPX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 RYMPX
The long term trend has been UP since Jan 3rd, 2019 at 22.34
The intermediate term trend has been DOWN since Apr 1st, 2019 at 23.85
The short term trend has been DOWN since Apr 10th, 2019 at 24.29
Smart Scan Analysis for RYMPX
Based on a pre-defined weighted trend formula for chart analysis, RYMPX scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-04-19|
|52wk Low||19.47||52wk Low Date||2018-11-13|
|Year End Close||22.16|