Mutual Trend Analysis Report
Prepared for you on Thursday, August 5, 2021.
RYDEX SERIES FDS S&P 500 FUND H CLASS (NASDAQ:RYSPX)
Long-Term Uptrend (+90) - RYSPX is in a strong uptrend that is likely to continue. While RYSPX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Jun 5th, 2020 at 56.47
The intermediate-term trend has been UP since Jul 23rd, 2021 at 69.56
The short-term trend has been UP since Aug 3rd, 2021 at 70.09
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||70.14||52wk High Date||2021-08-03|
|52wk Low||58.42||52wk Low Date||2020-09-23|
|Year End Close||59.63|