Stock Trend Analysis Report
Prepared for you on Tuesday, June 28, 2022.
RiverNorth Managed Duration Municipal Income Fund, Inc. (NYSE:RMM)
Countertrend Down (-85) - RMM is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid RMM?
MarketClub looks at technical strength and momentum to determine if the timing is right for RMM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RMM
The long-term trend has been DOWN since Sep 27th, 2021 at 20.0500
The intermediate-term trend has been DOWN since Jun 16th, 2022 at 14.7600
The short-term trend has been UP since Jun 23rd, 2022 at 15.1882
Smart Scan Analysis for RMM
Based on our trend formula, RMM is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||21.97||52wk High Date||2021-08-13|
|52wk Low||14.63||52wk Low Date||2022-05-19|
|Average Volume||80,629||Market Cap||397M|