Mutual Trend Analysis Report
Prepared for you on Sunday, September 22, 2019.
RYDEX SERIES FDSTRANSPORATATION FUND CLASS A (NASDAQ:RYTSX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 RYTSX
The long term trend has been DOWN since May 23rd, 2019 at 43.96
The intermediate term trend has been UP since Sep 5th, 2019 at 44.87
The short term trend has been DOWN since Sep 16th, 2019 at 47.69
Smart Scan Analysis for RYTSX
Based on a pre-defined weighted trend formula for chart analysis, RYTSX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||57.21||52wk High Date||2018-09-21|
|52wk Low||38.82||52wk Low Date||2018-12-24|
|Year End Close||40.91||Payment Date||2018-12-12|