RIVERNORTH FLEXIBLE MUNI (RFM) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:RFM • US76883H1041
Overall RFM gets a technical rating of 5 out of 10. In the last year, RFM was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 70% of all other stocks performed better in the past year than RFM.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- RFM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RFM is lagging the market.
- In the last month RFM has a been trading in a tight range between 13.97 and 14.64.
- Considerably lower volume is observed in the last couple of days.
RFM has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
13.43
We found 2 important support areas.
- A support zone ranging from 14.00 to 14.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.57 to 13.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Strong resistance @14.60 from a horizontal line in the daily time frame.
- A resistance zone ranging from 16.28 to 16.33. 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 | NEUTRAL | NEUTRAL | The long term trend for RFM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RFM is up. |
| ChartMill Relative Strength | 30.48 | NEUTRAL | RFM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RFM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RFM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RFM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.73 | OVERBOUGHT | The high RSI value suggests RFM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests RFM has a positive trend. |
| Stochastics (14,3) | 90 | OVERBOUGHT | The high Stochastics value suggests RFM may be overbought. |
| Average True Range in percent/ATR (20) | 0.85 | LOW VOLATILITY | The low ATR as a percentage value for RFM suggests low volalility. |
| Average Directional Index/ADX (14) | 19.87 | NEGATIVE | The low ADX value for RFM suggests a weak or negative trend. |
NYSE:RFM (2/3/2026, 8:04:00 PM)
14.57
+0.13 (+0.87%)
RIVERNORTH FLEXIBLE MUNI / RFM FAQ
What is the ChartMill technical rating of RIVERNORTH FLEXIBLE MUNI (RFM) stock?
ChartMill assigns a technical rating of 5 / 10 to RFM.
What is the current trend direction of RIVERNORTH FLEXIBLE MUNI (RFM) stock?
The current trend direction for RIVERNORTH FLEXIBLE MUNI (RFM) is Bearish.
What is the RSI signal for RFM stock?
RIVERNORTH FLEXIBLE MUNI (RFM) has an RSI value of 71.7275. This indicates that the stock is currently overbought.
What is the MACD signal for RIVERNORTH FLEXIBLE MUNI (RFM) stock?
The MACD indicator for RIVERNORTH FLEXIBLE MUNI (RFM) has a value of 0.0432767, indicating a bearish trend.
Can you provide the support and resistance levels for RIVERNORTH FLEXIBLE MUNI?
RIVERNORTH FLEXIBLE MUNI (RFM) has a support level at 14.48 and a resistance level at 14.6. Check the full technical report for our detailed analysis of RFM support and resistance levels.