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Stock Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

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

Bear Market Rally (-75) - OPP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on OPP as it may be in the beginning 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.

NYSE_OPP
Open High Low OPP Price Change
8.49 8.53 8.36 8.39 -0.12
Entry Signal

MarketClub’s Trade Triangles for OPP

long term down The long-term trend has been DOWN since Sep 26th, 2022 at 9.63

intermediate term up The intermediate-term trend has been UP since Mar 22nd, 2023 at 8.71

short term down The short-term trend has been DOWN since Mar 28th, 2023 at 8.45

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).

-75
Smart Scan Analysis for OPP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.49 8.53 8.36 8.39 -0.12
Prev. Close Volume Bid Ask Time
8.51 90588 2023-03-28 15:59:59
Year High18.59Year High Date2018-01-17
Year Low14.3Year Low Date2018-11-29
52wk High13.0752wk High Date2022-04-04
52wk Low8.252wk Low Date2023-03-16
Average Volume173,386Market Cap192M
Assets395,051,215MLiabilities2,131,223M
P/E Ratio12.0652Volatility10.66
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