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Mutual Trend Analysis Report

Prepared for you on Saturday, August 8, 2020.

RYDEX SERIES FDS MANAGED FUTURES STRATEGY FD CL A (NASDAQ:RYMTX)

Long-Term Uptrend (+90) - RYMTX is in a strong uptrend that is likely to continue. While RYMTX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid RYMTX?

MarketClub looks at technical strength and momentum to determine if the timing is right for RYMTX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_RYMTX
Open High Low RYMTX Price Change
19.69 19.58 19.58 19.58 -0.11
Entry Signal

MarketClub’s Trade Triangles for RYMTX

long term up The long-term trend has been UP since Aug 4th, 2020 at 19.52

intermediate term up The intermediate-term trend has been UP since Jul 27th, 2020 at 19.28

short term up The short-term trend has been UP since Jul 20th, 2020 at 19.19

Smart Scan Analysis for RYMTX

Based on our trend formula, RYMTX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for RYMTX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.69 19.58 19.58 19.58 -0.11
Prev. Close Volume Bid Ask Time
19.71 0 19.58 20.56 2020-08-05 20:00:00
52wk High20.1752wk High Date2019-09-03
52wk Low18.7952wk Low Date2020-06-05
Year End Close18.95
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