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Mutual Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

RiverNorth Managed Duration Municipal Income Fund, Inc. (NASDAQ:XRMMX)

Crossroads (-60) - XRMMX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

NASDAQ_XRMMX
Open High Low XRMMX Price Change
16.42 16.42 16.42 16.46 -0.01
Entry Signal

MarketClub’s Trade Triangles for XRMMX

long term up The long-term trend has been UP since Dec 1st, 2023 at 16.01

intermediate term down The intermediate-term trend has been DOWN since Mar 22nd, 2024 at 16.49

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 16.56

Smart Scan Analysis for XRMMX

Based on our trend formula, XRMMX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for XRMMX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.42 16.42 16.42 16.46 -0.01
Prev. Close Volume Bid Ask Time
16.41 0 16.41 2024-03-27 18:07:15
52wk High16.6352wk High Date2024-03-13
52wk Low14.2652wk Low Date2023-10-23
Year End Close16.31Payment Date2022-01-31
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