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Stock Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

RiverNorth Managed Duration Municipal Income Fund, Inc. (NYSE:RMM)

Sidelines Mode (-55) - RMM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

NYSE_RMM
Open High Low RMM Price Change
14.4200 14.4999 14.2300 14.2300 -0.0900
Entry Signal

MarketClub’s Trade Triangles for RMM

long term down The long-term trend has been DOWN since Jun 20th, 2023 at 14.60

intermediate term up The intermediate-term trend has been UP since Nov 3rd, 2023 at 13.66

short term down The short-term trend has been DOWN since Nov 28th, 2023 at 14.20

Smart Scan Analysis for RMM

Based on our trend formula, RMM is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for RMM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.4200 14.4999 14.2300 14.2300 -0.0900
Prev. Close Volume Bid Ask Time
14.3200 90911 2023-11-30 15:59:12
52wk High16.8552wk High Date2023-02-08
52wk Low12.320952wk Low Date2023-10-26
Average Volume62,053Market Cap397M
Assets575,471,872MLiabilities251,410,648M
P/E Ratio27.25
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