Mutual Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
RYDEX SERIES FDS INVERSE S&P 500 STRATEGY FUND INVESTOR CLASS (NASDAQ:RYURX)
Sidelines Mode (-55) - RYURX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RYURX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYURX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYURX
The long-term trend has been DOWN since Jun 1st, 2020 at 47.26
The intermediate-term trend has been DOWN since Dec 8th, 2021 at 28.49
The short-term trend has been UP since Jan 13th, 2022 at 28.50
Smart Scan Analysis for RYURX
Based on our trend formula, RYURX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||37.17||52wk High Date||2021-01-29|
|52wk Low||27.78||52wk Low Date||2022-01-03|
|Year End Close||27.96|