Mutual Trend Analysis Report
Prepared for you on Sunday, May 22, 2022.
RYDEX SRS FDS INVERSE EMERGING MARKETS 2X STRATEGY FD H CL (NASDAQ:RYWYX)
Sidelines Mode (+55) - RYWYX 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 RYWYX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYWYX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYWYX
The long-term trend has been UP since May 13th, 2021 at 13.32
The intermediate-term trend has been UP since Apr 11th, 2022 at 15.56
The short-term trend has been DOWN since May 13th, 2022 at 20.33
Smart Scan Analysis for RYWYX
Based on our trend formula, RYWYX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||20.84||52wk High Date||2022-05-09|
|52wk Low||11.13||52wk Low Date||2021-06-29|
|Year End Close||15.83|