Mutual Trend Analysis Report
Prepared for you on Saturday, August 8, 2020.
RIVERNORTH MANAGED DURATION MUNICIPAL INCOME FUND INC. (NASDAQ:XRMMX)
Strong Uptrend (+100) - XRMMX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, XRMMX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid XRMMX?
MarketClub looks at technical strength and momentum to determine if the timing is right for XRMMX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XRMMX
The long-term trend has been UP since Jul 8th, 2020 at 18.27
The intermediate-term trend has been UP since May 20th, 2020 at 17.20
The short-term trend has been UP since Jul 20th, 2020 at 18.53
Smart Scan Analysis for XRMMX
Based on our trend formula, XRMMX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||20.88||52wk High Date||2020-02-25|
|52wk Low||14.33||52wk Low Date||2020-03-23|
|Year End Close||20.38||Payment Date||2020-02-28|