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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.

Showing technical analysis as on 2024-05-30 View latest technical analysis

10 day averaged volume of Rivernorth Opportunistic is 10481

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu May 2024	15.64	15.66	15.72	15.62	0.592 times
29 Wed May 2024	15.58	15.65	15.67	15.58	0.763 times
28 Tue May 2024	15.70	15.89	15.89	15.64	1.231 times
24 Fri May 2024	15.82	15.89	15.89	15.81	1.03 times
23 Thu May 2024	15.77	15.88	15.90	15.68	2.366 times
22 Wed May 2024	15.88	16.16	16.16	15.84	1.46 times
21 Tue May 2024	16.08	16.14	16.14	16.00	0.572 times
20 Mon May 2024	16.25	16.06	16.25	15.94	0.528 times
17 Fri May 2024	15.98	16.09	16.09	15.84	0.21 times
16 Thu May 2024	15.99	15.94	16.10	15.94	0.494 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 15.7, but if it comes above 15.7, then a intra day buy could be more profitable.
If you take a sell trade below 15.7, then use 15.7 as stoploss and 15.4 as target. However if you take a buy trade in stock , then use 15.7 as stoploss and 15.89 as target.

Share price targets for Rivernorth Opportunistic (RMI)

Target Type	Value
Downside Target	15.19
Upside Target	15.91
Upside Target	15.99
Upside Target	16.07
Upside Target	16.13
Upside Target	16.18
Upside Target	16.25
Upside Target	16.49
Upside Target	16.50

Intraday share price targets for Rivernorth Opportunistic (RMI)

Target Type	Value
Downside Intraday Target	15.52
Downside Intraday Target	15.39
Upside Intraday Target	15.83
Upside Intraday Target	16.01
Upside Intraday Target	15.7

Weekly technical analysis of Rivernorth Opportunistic (RMI)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu May 2024	15.64	15.89	15.89	15.58	0.434 times
24 Fri May 2024	15.82	16.06	16.25	15.68	1.535 times
17 Fri May 2024	15.98	16.04	16.18	15.79	0.475 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

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
30 Thu May 2024	15.64	15.49	16.25	15.39	0.667 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	1.089 times

Scroll below to view daily charts

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)

Price action analysis of Rivernorth Opportunistic ( (RMI) ) based on a short 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.

Price action analysis of Rivernorth Opportunistic ( (RMI) ) based on a short to mid 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.

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 SELL signal for Rivernorth Opportunistic in short term and the sell signal is strong.

Rivernorth Opportunistic Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 15.82 and Rivernorth Opportunistic (RMI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.