Mutual Trend Analysis Report
Prepared for you on Saturday, August 8, 2020.
RYDEX SERIES FDS INVERSE S&P 500 STRATEGY FUND INVESTOR CLASS (NASDAQ:RYURX)
Strong Downtrend (-100) - RYURX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 Apr 6th, 2020 at 56.02
The short-term trend has been DOWN since Jul 29th, 2020 at 43.91
Smart Scan Analysis for RYURX
Based on our trend formula, RYURX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||66.72||52wk High Date||2020-03-23|
|52wk Low||42.4||52wk Low Date||2020-08-07|
|Year End Close||49.31|