Mutual Trend Analysis Report
Prepared for you on Wednesday, May 22, 2019.
RYDEX SERIES FDS UTILITIES FUND CLASS A (NASDAQ:RYUTX)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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 RYUTX
The long term trend has been UP since Feb 22nd, 2019 at 41.31
The intermediate term trend has been DOWN since May 8th, 2019 at 41.72
The short term trend has been UP since May 10th, 2019 at 42.21
Smart Scan Analysis for RYUTX
Based on a pre-defined weighted trend formula for chart analysis, RYUTX scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk High Date||2018-12-13|
|52wk Low||35.24||52wk Low Date||2018-06-11|
|Year End Close||38.62|