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Stock Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

RiverNorth Opportunities Fund, Inc. (NYSE:RIV)

Sidelines Mode (-50) - RIV is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until RIV can gain momentum.

Is it time to buy, sell, or avoid RIV?

MarketClub looks at technical strength and momentum to determine if the timing is right for RIV.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_RIV
Open High Low RIV Price Change
12.0000 12.0400 11.9500 12.0101 +0.0501
Entry Signal

MarketClub’s Trade Triangles for RIV

long term up The long-term trend has been UP since Jan 8th, 2024 at 11.3200

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2024 at 11.5600

short term down The short-term trend has been DOWN since Mar 26th, 2024 at 11.8586

Smart Scan Analysis for RIV

Based on our trend formula, RIV is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for RIV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.0000 12.0400 11.9500 12.0101 +0.0501
Prev. Close Volume Bid Ask Time
11.9600 55539 2024-03-28 13:35:34
Year High21.6305Year High Date2018-05-14
Year Low16Year Low Date2018-11-19
52wk High12.4352wk High Date2024-03-11
52wk Low9.629752wk Low Date2023-10-23
Average Volume82,856Market Cap122M
Assets336,305,705MLiabilities56,271,098M
P/E Ratio46.3871Volatility16.52
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