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Stock Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. (NYSE:OPP)

Crossroads (-60) - OPP 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 OPP?

MarketClub looks at technical strength and momentum to determine if the timing is right for OPP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_OPP
Open High Low OPP Price Change
8.1900 8.2200 8.1869 8.2200 +0.0500
Entry Signal

MarketClub’s Trade Triangles for OPP

long term up The long-term trend has been UP since Dec 7th, 2023 at 8.53

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 8.29

short term down The short-term trend has been DOWN since Apr 3rd, 2024 at 8.48

Smart Scan Analysis for OPP

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

-60
Smart Scan Analysis for OPP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.1900 8.2200 8.1869 8.2200 +0.0500
Prev. Close Volume Bid Ask Time
8.2100 42549 2024-04-18 15:59:16
Year High18.59Year High Date2018-01-17
Year Low14.3Year Low Date2018-11-29
52wk High8.829952wk High Date2023-08-01
52wk Low7.260152wk Low Date2023-10-23
Average Volume103,446Market Cap192M
Assets395,051,215MLiabilities2,131,223M
P/E Ratio12.0652Volatility10.66
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