Mutual Trend Analysis Report
Prepared for you on Friday, February 15, 2019.
RYDEX DYNAMIC FDS INVERSE S&P 500 2X STRATEGY FD CL H (NASDAQ:RYTPX)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for RYTPX
The long term trend has been UP since Oct 24th, 2018 at 42.17
The intermediate term trend has been DOWN since Jan 7th, 2019 at 46.05
The short term trend has been DOWN since Feb 12th, 2019 at 40.14
Smart Scan Analysis for RYTPX
Based on a pre-defined weighted trend formula for chart analysis, RYTPX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2018||52wk High Date||2018-02-08|
|52wk Low||35.98||52wk Low Date||2018-09-20|
|Year End Close||47.23||Payment Date||2008-04-14|