Mutual Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
RYDEX SERIES FDS S&P 500 FUND H CLASS (NASDAQ:RYSPX)
Long-Term Downtrend (-90) - RYSPX is in a strong downtrend that is likely to continue. While RYSPX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RYSPX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYSPX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYSPX
The long-term trend has been DOWN since Jan 25th, 2022 at 68.19
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 61.04
The short-term trend has been DOWN since Jun 29th, 2022 at 59.81
Smart Scan Analysis for RYSPX
Based on our trend formula, RYSPX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||75.06||52wk High Date||2022-01-03|
|52wk Low||57.39||52wk Low Date||2022-06-16|
|Year End Close||74.59|