Mutual Trend Analysis Report
Prepared for you on Thursday, October 22, 2020.
RYDEX SERIES TRUST ELECTRONICS FUND INVESTOR CLASS (NASDAQ:RYSIX)
Bull Market Weakness (+75) - RYSIX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RYSIX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RYSIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYSIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYSIX
The long-term trend has been UP since Jun 2nd, 2020 at 171.50
The intermediate-term trend has been UP since Sep 28th, 2020 at 201.33
The short-term trend has been DOWN since Oct 15th, 2020 at 223.39
Smart Scan Analysis for RYSIX
Based on our trend formula, RYSIX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||224.6||52wk High Date||2020-10-12|
|52wk Low||116.85||52wk Low Date||2020-03-18|
|Year End Close||167.3|