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Mutual Trend Analysis Report

Prepared for you on Wednesday, June 7, 2023.

RIVERNORTH MANAGED DURATION MUNICIPAL INCOME FUND INC. (NASDAQ:XRMMX)

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

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
15.96 15.96 15.96 16.04 +0.04
Entry Signal

MarketClub’s Trade Triangles for XRMMX

long term down The long-term trend has been DOWN since Mar 13th, 2023 at 16.14

intermediate term up The intermediate-term trend has been UP since Jun 5th, 2023 at 15.98

short term up The short-term trend has been UP since May 26th, 2023 at 15.69

Smart Scan Analysis for XRMMX

Based on our trend formula, XRMMX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for XRMMX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.96 15.96 15.96 16.04 +0.04
Prev. Close Volume Bid Ask Time
15.96 0 16.00 2023-06-05 20:00:00
52wk High17.5652wk High Date2022-06-06
52wk Low14.7852wk Low Date2022-10-27
Year End Close16.26Payment Date2022-01-31
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