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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
RiverNorth Flexible Municipal Income Fund II, Inc. (NYSE:RFMZ)
Long-Term Downtrend (-90) - RFMZ is in a strong downtrend that is likely to continue. While RFMZ is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RFMZ?
MarketClub looks at technical strength and momentum to determine if the timing is right for RFMZ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RFMZ
The long-term trend has been DOWN since Oct 29th, 2024 at 13.87
The intermediate-term trend has been DOWN since Dec 16th, 2024 at 13.91
The short-term trend has been DOWN since Dec 13th, 2024 at 14.10
Smart Scan Analysis for RFMZ
Based on our trend formula, RFMZ is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.3400 | 13.4700 | 13.3001 | 13.4300 | +0.0400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.3900 | 268795 | 2024-12-26 14:00:30 |
| 52wk High | 14.78 | 52wk High Date | 2024-08-08 |
| 52wk Low | 13.04 | 52wk Low Date | 2024-01-02 |
| Average Volume | 121,873 | Assets | 622,709,728M |
| Liabilities | 242,667,629M | P/E Ratio | 10.2527 |