RIVERNORTH OPPORT MUNI INC (RMI) Stock Technical Analysis
USA - NYSE:RMI - US76883F1084
Overall RMI gets a technical rating of 4 out of 10. In the last year, RMI 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.
RMI has an average technical rating and also the quality of the setup is only medium 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.
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13.63
2 important support areas can be observed.
- A support zone ranging from 14.40 to 14.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.77 to 13.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @14.72 from a horizontal line in the weekly time frame.
- Resistance @16.06 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 16.46 to 16.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 RMI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RMI is neutral. |
| ChartMill Relative Strength | 31.03 | NEUTRAL | RMI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RMI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of RMI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of RMI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.18 | NEUTRAL | The RSI value for RMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests RMI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.98 | NEUTRAL | The Stochastics value for RMI is a neutral value. |
| Average True Range in percent/ATR (20) | 0.95 | LOW VOLATILITY | The low ATR as a percentage value for RMI suggests low volalility. |
| Average Directional Index/ADX (14) | 23.18 | NEUTRAL | The ADX value for RMI suggests a possible start of a new trend. |
NYSE:RMI (10/31/2025, 8:12:06 PM)
14.71
+0.1 (+0.68%)
RIVERNORTH OPPORT MUNI INC / RMI FAQ
What is the ChartMill technical rating of RIVERNORTH OPPORT MUNI INC (RMI) stock?
ChartMill assigns a technical rating of 4 / 10 to RMI.
Can you provide the trend direction for RIVERNORTH OPPORT MUNI INC?
The current trend direction for RIVERNORTH OPPORT MUNI INC (RMI) is Bearish.
What is the RSI signal for RMI stock?
RIVERNORTH OPPORT MUNI INC (RMI) has an RSI value of 62.1801. This indicates that the stock is currently neutral.
Can you provide the short term momentum for RIVERNORTH OPPORT MUNI INC?
The short term momentum for RIVERNORTH OPPORT MUNI INC (RMI) is neutral.