Mutual Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
RYDEX SERIES FDS MULTI-HEDGE STRATEGIES FUND CLASS A (NASDAQ:RYMQX)
Weak Downtrend (-65) - RYMQX is showing signs of a strengthening downtrend. Monitor RYMQX as it may be building momentum to the downside.
Is it time to buy, sell, or avoid RYMQX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYMQX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYMQX
The long-term trend has been UP since Mar 30th, 2020 at 25.26
The intermediate-term trend has been DOWN since Oct 4th, 2021 at 27.91
The short-term trend has been DOWN since Oct 12th, 2021 at 28.04
Smart Scan Analysis for RYMQX
Based on our trend formula, RYMQX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||28.44||52wk High Date||2021-05-28|
|52wk Low||25.54||52wk Low Date||2020-11-09|
|Year End Close||25.88|