Stock Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
Rivernorth Doubleline Strategic Opportunity Fund, Inc (NYSE:OPP)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for OPP
The long term trend has been UP since Feb 1st, 2019 at 17.090
The intermediate term trend has been UP since Dec 31st, 2018 at 16.130
The short term trend has been DOWN since Feb 15th, 2019 at 16.577
Smart Scan Analysis for OPP
Based on a pre-defined weighted trend formula for chart analysis, OPP scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||18.59||Year High Date||2018-01-17|
|Year Low||14.3||Year Low Date||2018-11-29|
|52wk High||18.25||52wk High Date||2018-02-23|
|52wk Low||14.3||52wk Low Date||2018-11-29|
|Average Volume||51,716||Market Cap||181M|