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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 2024-10-31 View latest technical analysis

10 day averaged volume of Rivernorth Opportunistic is 16110

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	15.89	15.93	15.95	15.79	1.968 times
30 Wed Oct 2024	15.87	15.76	15.90	15.75	1.664 times
29 Tue Oct 2024	15.76	15.79	15.80	15.73	0.36 times
28 Mon Oct 2024	15.82	15.93	15.99	15.74	2.588 times
25 Fri Oct 2024	15.91	16.01	16.05	15.91	0.732 times
24 Thu Oct 2024	15.94	16.14	16.14	15.94	0.615 times
23 Wed Oct 2024	16.16	16.19	16.31	16.15	1.248 times
22 Tue Oct 2024	16.30	16.34	16.36	16.25	0.664 times
21 Mon Oct 2024	16.31	16.36	16.37	16.26	0.695 times
18 Fri Oct 2024	16.35	16.36	16.42	16.35	0.633 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 16, but if it comes above 16, then a intra day buy could be more profitable.
If you take a sell trade below 16, then use 16 as stoploss and 15.7 as target. However if you take a buy trade in stock , then use 16 as stoploss and 16.19 as target.

Share price targets for Rivernorth Opportunistic (RMI)

Target Type	Value
Downside Target	15.70
Upside Target	16.24
Upside Target	16.29
Upside Target	16.37
Upside Target	16.41
Upside Target	16.42
Upside Target	16.47
Upside Target	16.51

Intraday share price targets for Rivernorth Opportunistic (RMI)

Target Type	Value
Downside Intraday Target	15.75
Downside Intraday Target	15.61
Upside Intraday Target	16.01
Upside Intraday Target	16.13
Downside Intraday Target	15.87

Weekly technical analysis of Rivernorth Opportunistic (RMI)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	15.89	15.93	15.99	15.73	1.664 times
25 Fri Oct 2024	15.91	16.36	16.37	15.91	1.048 times
18 Fri Oct 2024	16.35	16.40	16.42	16.24	0.746 times
11 Fri Oct 2024	16.40	16.45	16.51	16.29	1.262 times
04 Fri Oct 2024	16.35	16.37	16.47	16.24	0.771 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Rivernorth Opportunistic (RMI)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	15.89	16.35	16.51	15.73	0.915 times
30 Mon Sep 2024	16.33	15.99	16.41	15.80	0.72 times
30 Fri Aug 2024	15.88	16.16	16.22	15.70	1.116 times
31 Wed Jul 2024	16.06	15.91	16.21	15.72	1.644 times

Scroll below to view daily charts

Price has moved down 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 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 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 BUY. Signal strength is Weak and stock is gaining 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 15.98 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 negative.

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