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Rivernorth Opportunistic Municipal Income Fund Inc (RMI) Technical Analysis

$14.890.2%

Market is closed - opens 8 PM, 26 Dec 2024

Insights

  • Rivernorth Opportunistic Municipal Income Fund is currently in a favorable trading position ( BUY ) according to technical analysis indicators.
  • Based on analysis of the Oscillators technical indicator, the current market trend for Rivernorth Opportunistic Municipal Income Fund stock suggests that it is a good time to buy
  • Based on analysis of the Moving Averages technical indicator, Rivernorth Opportunistic Municipal Income Fund stock is in a downtrend↘️
  • Based on analysis of the Pivot Points, the current market trend for Rivernorth Opportunistic Municipal Income Fund stock suggests that it is a good time to buy

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name

Value

Action

Relative Strength Index
20.41
Buy
Stochastic
3.65, 1.84
Buy
Ultimate Oscillator
16.75
Buy
Stochastic Relative Strength Index
1.72, 0.57
Buy
Moving Average Convergence Divergence
-0.25, -0.14
Neutral

Moving Averages

Simple Moving Average

Period (Days)

Value

Action

10
15.39
Sell
20
15.7
Sell
50
15.86
Sell

Exponential Moving Average

Period (Days)

Value

Action

10
15.29
Sell
20
15.53
Sell
50
15.78
Sell

Volume Weighted Moving Average

Period (Days)

Value

Action

10
15.3
Neutral
20
15.59
Neutral
50
15.72
Sell

Double Exponential Moving Average

Period (Days)

Value

Action

10
14.95
Sell
20
15.23
Sell
50
15.57
Sell

Triple Exponential Moving Average

Period (Days)

Value

Action

10
14.8
Sell
20
15.04
Sell
50
15.39
Sell

Pivot

Pivot

Value

Resistance L3
15.04
Resistance L2
15.0
Resistance L1
14.93
Pivot Point
14.89
Support L1
14.82
Support L2
14.78
Support L3
14.71

*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.