Mutual Trend Analysis Report
Prepared for you on Wednesday, December 7, 2022.
Rydex Series Fds, Managed Futures Strategy Fd Cl C (NASDAQ:RYMZX)
Sidelines Mode (-55) - RYMZX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RYMZX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYMZX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYMZX
The long-term trend has been UP since Oct 14th, 2022 at 19.70
The intermediate-term trend has been DOWN since Nov 8th, 2022 at 19.36
The short-term trend has been UP since Nov 29th, 2022 at 18.47
Smart Scan Analysis for RYMZX
Based on our trend formula, RYMZX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||20.34||52wk High Date||2022-06-14|
|52wk Low||16.2||52wk Low Date||2021-12-20|
|Year End Close||16.29|