Mutual Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
RYDEX SERIES FDS STRENGTHENING DOLLAR 2X STRATEGY FUND H CLASS (NASDAQ:RYSBX)
Strong Downtrend (-100) - RYSBX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RYSBX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYSBX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYSBX
The long-term trend has been DOWN since Jul 17th, 2020 at 51.88
The intermediate-term trend has been DOWN since Nov 5th, 2020 at 48.22
The short-term trend has been DOWN since Nov 24th, 2020 at 47.75
Smart Scan Analysis for RYSBX
Based on our trend formula, RYSBX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||60.45||52wk High Date||2020-03-19|
|52wk Low||46.62||52wk Low Date||2020-12-01|
|Year End Close||52.54|