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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP)
Bull Market Weakness (+75) - OPP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on OPP as it may be in the beginning stages of a reversal.
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 8.530
The intermediate-term trend has been UP since Jun 5th, 2024 at 8.590
The short-term trend has been DOWN since Jul 23rd, 2024 at 8.635
Smart Scan Analysis for OPP
Based on our trend formula, OPP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.770 | 8.790 | 8.710 | 8.720 | -0.025 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.745 | 56352 | 2024-07-26 15:53:19 |
| Year High | 18.59 | Year High Date | 2018-01-17 |
| Year Low | 14.3 | Year Low Date | 2018-11-29 |
| 52wk High | 8.84 | 52wk High Date | 2024-07-23 |
| 52wk Low | 7.2601 | 52wk Low Date | 2023-10-23 |
| Average Volume | 98,755 | Market Cap | 192M |
| Assets | 395,051,215M | Liabilities | 2,131,223M |
| P/E Ratio | 12.0652 | Volatility | 10.66 |