Mutual Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
RYDEX SERIES FDS STRENGTHENING DOLLAR 2X STRATEGY FUND C CLASS (NASDAQ:RYSJX)
Crossroads (-60) - RYSJX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RYSJX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYSJX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYSJX
The long-term trend has been UP since Aug 10th, 2021 at 42.08
The intermediate-term trend has been DOWN since May 23rd, 2022 at 49.85
The short-term trend has been DOWN since May 17th, 2022 at 51.37
Smart Scan Analysis for RYSJX
Based on our trend formula, RYSJX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||51.98||52wk High Date||2022-05-12|
|52wk Low||39.45||52wk Low Date||2021-06-01|
|Year End Close||44|