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.
MarketClub’s Trade Triangles for OPP
The long-term trend has been DOWN since Sep 14th, 2021 at 15.2200
The intermediate-term trend has been DOWN since Nov 26th, 2021 at 14.8500
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).
|Year High||18.59||Year High Date||2018-01-17|
|Year Low||14.3||Year Low Date||2018-11-29|
|52wk High||16.36||52wk High Date||2021-08-13|
|52wk Low||14.1||52wk Low Date||2020-12-16|
|Average Volume||116,005||Market Cap||192M|