Mutual Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
RiverNorth/DoubleLine Strategic Income Fd Cl R (NASDAQ:RNDLX)
Bull Market Weakness (+75) - RNDLX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RNDLX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RNDLX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RNDLX.
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 RNDLX
The long-term trend has been UP since Dec 1st, 2023 at 8.46
The intermediate-term trend has been UP since Mar 5th, 2024 at 8.75
The short-term trend has been DOWN since Mar 14th, 2024 at 8.80
Smart Scan Analysis for RNDLX
Based on our trend formula, RNDLX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
8.82 | 8.82 | 8.82 | 8.80 | -0.01 |
Prev. Close | Volume | Bid | Ask | Time |
8.82 | 0 | 8.81 | 8.81 | 2024-03-25 20:00:00 |
52wk High | 8.84 | 52wk High Date | 2024-02-02 |
52wk Low | 8.06 | 52wk Low Date | 2023-10-31 |
Year End Close | 8.74 | Payment Date | 2024-03-28 |