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Mutual Trend Analysis Report

Prepared for you on Sunday, May 9, 2021.

RIVERNORTH/OAKTREE HIGH INCOME FD CL R (NASDAQ:RNOTX)

Countertrend Up (+85) - RNOTX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

NASDAQ_RNOTX
Open High Low RNOTX Price Change
9.5 9.5 9.5 9.5 0.0
Entry Signal

MarketClub’s Trade Triangles for RNOTX

long term up The long-term trend has been UP since Jul 23rd, 2020 at 9.05

intermediate term up The intermediate-term trend has been UP since Apr 5th, 2021 at 9.46

short term down The short-term trend has been DOWN since Apr 29th, 2021 at 9.51

Smart Scan Analysis for RNOTX

Based on our trend formula, RNOTX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for RNOTX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.5 9.5 9.5 9.5 0.0
Prev. Close Volume Bid Ask Time
9.5 0 9.5 9.5 2021-05-07 20:00:00
52wk High9.5352wk High Date2021-02-11
52wk Low8.4952wk Low Date2020-05-14
Year End Close9.45Payment Date2020-05-29
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