RIVERNORTH OPPORT MUNI INC (RMI) Technical Analysis
NYSE:RMI • US76883F1084
Current stock price
RMI Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to RMI. RMI has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- In the last month RMI has a been trading in the 14.66 - 16.25 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the performance of all stocks over the past year, RMI turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
- RMI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so RMI is lagging the market slightly.
- Considerably lower volume is observed in the last couple of days.
RMI Weekly and Daily overview Charts
RMI Setup Rating and Analysis
RMI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 14.68, a Stop Loss order could be placed below this zone.
More info and screens
RMI Support and Resistance Analysis
13.63
2 important support areas can be observed.
- A support zone ranging from 14.39 to 14.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 13.77 to 14.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 15.12 to 15.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.97 to 16.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.40 from a horizontal line in the weekly time frame.
RMI Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for RMI is down. |
| ChartMill Relative Strength | 48.18 | NEUTRAL | RMI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RMI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of RMI is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RMI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.15 | NEUTRAL | The RSI value for RMI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests RMI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 10.3 | OVERSOLD | The low Stochastics value suggests RMI may be oversold. |
| Average True Range in percent/ATR (20) | 2.64 | MEDIUM VOLATILITY | The ATR as a percentage value for RMI suggests some volalility. |
| Average Directional Index/ADX (14) | 24.29 | NEUTRAL | The ADX value for RMI suggests a possible start of a new trend. |
RMI Chart- and CandleStick Pattern Analysis
RMI Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:RMI (3/30/2026, 8:04:00 PM)
14.84
-0.11 (-0.74%)
RIVERNORTH OPPORT MUNI INC / RMI TA FAQ
What is the ChartMill technical rating of RIVERNORTH OPPORT MUNI INC (RMI) stock?
ChartMill assigns a technical rating of 2 / 10 to RMI.
What is the trend direction for RMI stock?
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 37.1496. This indicates that the stock is currently neutral.
What is the short term momentum for RIVERNORTH OPPORT MUNI INC (RMI) stock?
The short term momentum for RIVERNORTH OPPORT MUNI INC (RMI) is negative.
What is the support and resistance level for RMI stock?
RIVERNORTH OPPORT MUNI INC (RMI) has a support level at 14.68 and a resistance level at 15.12. Check the full technical report for our detailed analysis of RMI support and resistance levels.