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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
RiverNorth Opportunistic Municipal Income Fund, Inc. (NYSE:RMI)
Crossroads (-60) - RMI 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 RMI?
MarketClub looks at technical strength and momentum to determine if the timing is right for RMI.
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 RMI
The long-term trend has been UP since Jan 8th, 2024 at 15.8453
The intermediate-term trend has been DOWN since Mar 26th, 2024 at 15.9506
The short-term trend has been DOWN since Apr 10th, 2024 at 15.7600
Smart Scan Analysis for RMI
Based on our trend formula, RMI is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15.42 | 15.52 | 15.39 | 15.43 | -0.04 |
| Prev. Close | Volume | Bid | Ask | Time |
| 15.42 | 18407 | 2024-04-18 15:50:10 |
| Year High | 21.3 | Year High Date | 2018-11-09 |
| Year Low | 19.93 | Year Low Date | 2018-10-26 |
| 52wk High | 17.37 | 52wk High Date | 2023-08-03 |
| 52wk Low | 13.05 | 52wk Low Date | 2023-10-27 |
| Average Volume | 18,539 | Market Cap | 132M |
| Assets | 179,174,557M | Liabilities | 69,635,060M |
| P/E Ratio | 24.8462 |