RIVERNORTH FLEXIBLE MUNI (RFM) Stock Technical Analysis
NYSE:RFM - New York Stock Exchange, Inc. - US76883H1041 - Currency: USD
Taking everything into account, RFM scores 0 out of 10 in our technical rating. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, RFM is a bad performer in the overall market: 78% of all stocks are doing better.
RFM is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RFM is lagging the market.
Warning: RFM has an average volume of 23048 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 14.00 and 14.52.
RFM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for RFM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
13.43
16.29
When analyzing the support we notice one important area.
- A support zone ranging from 13.57 to 13.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 14.07 to 14.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.89 from a horizontal line in the daily time frame.
- A resistance zone ranging from 15.15 to 15.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 15.64 to 15.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 16.13 to 16.13. This zone is formed by a combination of multiple trend lines 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 | DOWN | NEGATIVE | The short term trend for RFM is down. |
| ChartMill Relative Strength | 22.54 | NEGATIVE | RFM has a low relative strength, it was outperformed by 77.46% 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) | 38.19 | NEUTRAL | The RSI value for RFM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests RFM has a negative trend. |
| Stochastics (14,3) | 8.56 | OVERSOLD | The low Stochastics value suggests RFM may be oversold. |
| Average True Range in percent/ATR (20) | 0.84 | LOW VOLATILITY | The low ATR as a percentage value for RFM suggests low volalility. |
| Average Directional Index/ADX (14) | 28.89 | POSITIVE | The high ADX value value for RFM suggests a strong 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 (6/5/2025, 8:06:31 PM)
14
-0.09 (-0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.65%
1 Week-1.13%
2 Weeks-1.2%
1 Month-2.23%
3 Month-8.9%
6 Month-12.34%
12 Month-14.06%
2 Year-11.95%
3 Year-16.17%
5 Year-28.65%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.84%
ATR Inc5.32%
Range Today0.12
ADR(20)0.11
ADR(20)%0.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.54
Mansfield-1.25
10 Day High14.27
10 Day Low14
20 Day High14.52
20 Day Low14
52 Week High16.54
52 Week Low13.14
CS1 End13.69
CR1 Start14.07
Volume & EV
DER(3)1.73%
DER(5)4.54%
Volume14.00K
Volume Incr22.72%
Vol(5)19.88K
Vol(50)23.05K