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Stock Trend Analysis Report

Prepared for you on Tuesday, December 7, 2021.

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP)

Countertrend Down (-85) - OPP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

NYSE_OPP
Open High Low OPP Price Change
15.0500 15.3000 14.9707 15.0800 +0.1600
Entry Signal

MarketClub’s Trade Triangles for OPP

long term down The long-term trend has been DOWN since Sep 14th, 2021 at 15.2200

intermediate term down The intermediate-term trend has been DOWN since Nov 26th, 2021 at 14.8500

short term up The short-term trend has been UP since Dec 7th, 2021 at 15.1824

Smart Scan Analysis for OPP

Based on our trend formula, OPP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for OPP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.0500 15.3000 14.9707 15.0800 +0.1600
Prev. Close Volume Bid Ask Time
14.9200 133244 2021-12-07 15:59:58
Year High18.59Year High Date2018-01-17
Year Low14.3Year Low Date2018-11-29
52wk High16.3652wk High Date2021-08-13
52wk Low14.152wk Low Date2020-12-16
Average Volume116,005Market Cap192M
Assets318,166,097MLiabilities33,339,693M
P/E Ratio16.2174Volatility10.66
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