RIVERNORTH FLEXIBLE MUNI (RFM) Stock Technical Analysis
NYSE:RFM - US76883H1041
13.86 USD
+0.01 (+0.07%)
Overall RFM gets a technical rating of 0 out of 10. RFM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, RFM is a bad performer in the overall market: 82% of all stocks are doing better.
RFM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: RFM has an average volume of 26604 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month RFM has a been trading in a tight range between 13.68 and 14.20.
Although the technical rating is bad, RFM does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 13.90. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.81, a Stop Loss order could be placed below this zone.
More info and screens
13.43
16.44
We found 1 important support area.
- A support zone ranging from 13.57 to 13.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 13.90 to 14.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.48 from a horizontal line in the daily time frame.
- Resistance @14.80 from a trend line in the weekly time frame.
- Resistance @15.72 from a horizontal line in the weekly time frame.
- Resistance @16.28 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for RFM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RFM is neutral. |
| ChartMill Relative Strength | 18.93 | NEGATIVE | RFM has a low relative strength, it was outperformed by 81.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RFM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RFM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RFM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.03 | NEUTRAL | The RSI value for RFM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests RFM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.87 | OVERSOLD | The low Stochastics value suggests RFM may be oversold. |
| Average True Range in percent/ATR (20) | 0.81 | LOW VOLATILITY | The low ATR as a percentage value for RFM suggests low volalility. |
| Average Directional Index/ADX (14) | 14.52 | NEGATIVE | The low ADX value for RFM suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSE:RFM (9/3/2025, 2:01:03 PM)
13.86
+0.01 (+0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.07%
1 Week0.58%
2 Weeks-0.86%
1 Month-0.79%
3 Month-1.56%
6 Month-9.87%
12 Month-12.78%
2 Year-3.15%
3 Year-10.93%
5 Year-31.91%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%0.81%
ATR Inc-1%
Range Today0.11
ADR(20)0.11
ADR(20)%0.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.93
Mansfield-1.44
10 Day High14
10 Day Low13.68
20 Day High14.2
20 Day Low13.68
52 Week High16.45
52 Week Low13.14
CS1 End13.81
CR1 Start13.9
Volume & EV
DER(3)-0.44%
DER(5)0.99%
Volume14.15K
Volume Incr29.44%
Vol(5)33.50K
Vol(50)26.60K