Mutual Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
RYDEX SERIES FDS ELECTRONICS FUND H CLASS (NASDAQ:RYSAX)
Weak Downtrend (-65) - RYSAX is showing signs of a strengthening downtrend. Monitor RYSAX as it may be building momentum to the downside.
Is it time to buy, sell, or avoid RYSAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYSAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYSAX
The long-term trend has been UP since Jun 2nd, 2020 at 153.61
The intermediate-term trend has been DOWN since Dec 6th, 2021 at 309.11
The short-term trend has been DOWN since Jan 13th, 2022 at 290.84
Smart Scan Analysis for RYSAX
Based on our trend formula, RYSAX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||325.45||52wk High Date||2021-11-19|
|52wk Low||221.68||52wk Low Date||2021-03-08|
|Year End Close||305.73|