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(RMI) Rivernorth Opportunistic complete technical analysis [charts+indicators] | Buy/Sell Rivernorth Opportunistic | (RMI) share price targets

Complete technical analysis of Rivernorth Opportunistic (RMI) by charts plus indicators, forecast predictions and share price targets for Rivernorth Opportunistic (RMI)

Rivernorth Opportunistic trades in USA in N A sector.

10 day averaged volume of Rivernorth Opportunistic is 13358

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 15.99 15.94 16.10 15.94 0.388 times
15 Wed May 2024 16.17 15.79 16.18 15.79 1.055 times
14 Tue May 2024 15.97 16.01 16.04 15.91 0.307 times
13 Mon May 2024 16.00 16.04 16.04 15.93 1.13 times
10 Fri May 2024 16.06 16.04 16.07 15.95 1.617 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 16 as stoploss in an intra day sell trade for a target of 15.69. However, stock will show a bullish move above 16.

Share price targets for Rivernorth Opportunistic (RMI)

Target Type Value
Downside Target 15.19
Downside Target 15.79
Downside Target 15.91
Downside Target 15.99
Upside Target 16.07
Upside Target 16.13
Upside Target 16.18
Upside Target 16.49
Upside Target 16.50

Intraday share price targets for Rivernorth Opportunistic (RMI)

Target Type Value
Downside Intraday Target 15.79
Downside Intraday Target 15.6
Upside Intraday Target 16.18
Upside Intraday Target 16.38
Downside Intraday Target 15.99

Weekly technical analysis of Rivernorth Opportunistic (RMI)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 15.99 16.04 16.18 15.79 0.449 times
10 Fri May 2024 16.06 15.62 16.07 15.59 1.667 times
03 Fri May 2024 15.54 15.40 15.59 15.35 1.047 times
26 Fri Apr 2024 15.42 15.39 15.62 15.24 0.659 times
19 Fri Apr 2024 15.42 15.62 15.62 15.28 0.921 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Rivernorth Opportunistic (RMI)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 15.99 15.49 16.18 15.39 0.411 times
30 Tue Apr 2024 15.39 16.10 16.13 15.24 1.306 times
28 Thu Mar 2024 16.10 16.10 16.50 15.91 0.789 times
29 Thu Feb 2024 16.09 15.94 16.49 15.74 1.152 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Rivernorth Opportunistic (RMI)

Indicator Name Indicator Value Indicator Signal
ADX 26, 26, 0 Sell
MACD 0, 0Buy
Stochastics 85Buy
CCI 50Sell
RSI 48Sell
OBV 94011Sell
VWAP 16Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Rivernorth Opportunistic ( (RMI) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Rivernorth Opportunistic ( (RMI) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Rivernorth Opportunistic ( (RMI) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Rivernorth Opportunistic ( (RMI) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Rivernorth Opportunistic stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Rivernorth Opportunistic in short term and the buy signal is strong.

Rivernorth Opportunistic Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Rivernorth Opportunistic in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Rivernorth Opportunistic is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 15.95 and Rivernorth Opportunistic (RMI) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Rivernorth Opportunistic (RMI) stock. Volume based technical analysis of Rivernorth Opportunistic (RMI) stock is negative.

Rivernorth Opportunistic Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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