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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP)
Long-Term Uptrend (+90) - OPP is in a strong uptrend that is likely to continue. While OPP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid OPP?
MarketClub looks at technical strength and momentum to determine if the timing is right for OPP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for OPP
The long-term trend has been UP since Dec 7th, 2023 at 8.53
The intermediate-term trend has been UP since May 6th, 2024 at 8.50
The short-term trend has been UP since Apr 22nd, 2024 at 8.22
Smart Scan Analysis for OPP
Based on our trend formula, OPP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.5100 | 8.5500 | 8.4550 | 8.4866 | -0.0334 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.4900 | 55914 | 2024-05-08 15:58:32 |
| Year High | 18.59 | Year High Date | 2018-01-17 |
| Year Low | 14.3 | Year Low Date | 2018-11-29 |
| 52wk High | 8.8299 | 52wk High Date | 2023-08-01 |
| 52wk Low | 7.2601 | 52wk Low Date | 2023-10-23 |
| Average Volume | 74,640 | Market Cap | 192M |
| Assets | 395,051,215M | Liabilities | 2,131,223M |
| P/E Ratio | 12.0652 | Volatility | 10.66 |