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Stock Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

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

Bull Market Weakness (+75) - RMM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RMM as it may be in the beginning stages of a reversal.

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
15.0800 15.1699 15.0000 15.0300 -0.1284
Entry Signal

MarketClub’s Trade Triangles for RMM

long term up The long-term trend has been UP since Jan 30th, 2024 at 14.8700

intermediate term up The intermediate-term trend has been UP since Jun 10th, 2024 at 14.9891

short term down The short-term trend has been DOWN since Jun 14th, 2024 at 15.0200

Smart Scan Analysis for RMM

Based on our trend formula, RMM is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for RMM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.0800 15.1699 15.0000 15.0300 -0.1284
Prev. Close Volume Bid Ask Time
15.0200 50098 2024-06-14 15:59:29
52wk High15.8552wk High Date2023-08-01
52wk Low12.320952wk Low Date2023-10-26
Average Volume54,039Market Cap397M
Assets526,808,419MLiabilities204,863,560M
P/E Ratio27.25
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