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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.

NASDAQ_XRMMX
Open High Low XRMMX Price Change
19.06 19.12 19.12 19.12 +0.06
Entry Signal

MarketClub’s Trade Triangles for XRMMX

long term up The long-term trend has been UP since Jul 8th, 2020 at 18.27

intermediate term up The intermediate-term trend has been UP since May 20th, 2020 at 17.20

short term up 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).

+100
Smart Scan Analysis for XRMMX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
19.06 19.12 19.12 19.12 +0.06
Prev. Close Volume Bid Ask Time
19.06 0 19.12 2020-08-07 20:00:00
52wk High20.8852wk High Date2020-02-25
52wk Low14.3352wk Low Date2020-03-23
Year End Close20.38Payment Date2020-02-28
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