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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
RiverNorth Opportunities Fund, Inc. (NYSE:RIV)
Long-Term Uptrend (+90) - RIV is in a strong uptrend that is likely to continue. While RIV 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 RIV?
MarketClub looks at technical strength and momentum to determine if the timing is right for RIV.
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 RIV
The long-term trend has been UP since Jan 8th, 2024 at 11.3200
The intermediate-term trend has been UP since May 1st, 2024 at 12.0500
The short-term trend has been UP since Apr 19th, 2024 at 11.4699
Smart Scan Analysis for RIV
Based on our trend formula, RIV is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.14 | 12.17 | 12.10 | 12.14 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.14 | 22789 | 2024-05-09 13:01:58 |
| Year High | 21.6305 | Year High Date | 2018-05-14 |
| Year Low | 16 | Year Low Date | 2018-11-19 |
| 52wk High | 12.43 | 52wk High Date | 2024-03-11 |
| 52wk Low | 9.6297 | 52wk Low Date | 2023-10-23 |
| Average Volume | 71,485 | Market Cap | 122M |
| Assets | 399,221,742M | Liabilities | 33,183,633M |
| P/E Ratio | 46.3871 | Volatility | 16.52 |