Mutual Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
RiverNorth/DoubleLine Strategic Income Fd Cl R (NASDAQ:RNDLX)
Long-Term Uptrend (+90) - RNDLX is in a strong uptrend that is likely to continue. While RNDLX 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 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.
|
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 UP since Mar 1st, 2024 at 8.74
Smart Scan Analysis for RNDLX
Based on our trend formula, RNDLX is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
8.76 | 8.76 | 8.76 | 8.76 | 0.00 |
Prev. Close | Volume | Bid | Ask | Time |
8.76 | 0 | 8.76 | 8.76 | 2024-03-18 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 | 2022-08-31 |