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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.
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MarketClub’s Trade Triangles for RMM
The long-term trend has been DOWN since Jun 20th, 2023 at 14.60
The intermediate-term trend has been UP since Nov 3rd, 2023 at 13.66
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).
| 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 High | 16.85 | 52wk High Date | 2023-02-08 |
| 52wk Low | 12.3209 | 52wk Low Date | 2023-10-26 |
| Average Volume | 62,053 | Market Cap | 397M |
| Assets | 575,471,872M | Liabilities | 251,410,648M |
| P/E Ratio | 27.25 |