Mutual Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
RYDEX SERIES TRUST TECHNOLOGY FUND INVESTOR CLASS (NASDAQ:RYTIX)
Bull Market Weakness (+75) - RYTIX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RYTIX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RYTIX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYTIX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYTIX
The long-term trend has been DOWN since Mar 6th, 2020 at 111.95
The intermediate-term trend has been UP since Apr 8th, 2020 at 103.31
The short-term trend has been UP since May 18th, 2020 at 117.91
Smart Scan Analysis for RYTIX
Based on our trend formula, RYTIX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||129.53||52wk High Date||2020-02-19|
|52wk Low||88.48||52wk Low Date||2020-03-16|
|Year End Close||117.09||Payment Date||2008-10-01|