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.
MarketClub’s Trade Triangles for RYMTX
The long-term trend has been UP since Aug 4th, 2020 at 19.52
The intermediate-term trend has been UP since Jul 27th, 2020 at 19.28
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).
|52wk High||20.17||52wk High Date||2019-09-03|
|52wk Low||18.79||52wk Low Date||2020-06-05|
|Year End Close||18.95|