RVRNRTH MGD DUR MUNI INC II (RMMZ) Stock Technical Analysis
NYSE:RMMZ - New York Stock Exchange, Inc. - US76882M1045 - Currency: USD
Taking everything into account, RMMZ scores 1 out of 10 in our technical rating. RMMZ's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, RMMZ is a bad performer in the overall market: 76% of all stocks are doing better.
RMMZ 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 RMMZ is lagging the market.
Warning: RMMZ has an average volume of 26310 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month RMMZ has a been trading in a tight range between 14.21 and 14.80.
Although the technical rating is bad, RMMZ does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 14.54. Right above this resistance zone may be a good entry point.
More info and screens
13.74
16.69
2 important support areas can be observed.
- A support zone ranging from 14.42 to 14.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 13.88 to 14.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 14.54 to 14.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.38 from a trend line in the daily time frame.
- A resistance zone ranging from 16.00 to 16.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 16.52 to 16.52. 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 | DOWN | NEGATIVE | The long term trend for RMMZ is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RMMZ is neutral. |
| ChartMill Relative Strength | 24.76 | NEGATIVE | RMMZ has a low relative strength, it was outperformed by 75.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RMMZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RMMZ is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RMMZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.31 | NEUTRAL | The RSI value for RMMZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RMMZ has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.76 | NEUTRAL | The Stochastics value for RMMZ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for RMMZ suggests low volalility. |
| Average Directional Index/ADX (14) | 20.41 | NEUTRAL | The ADX value for RMMZ suggests a possible start of a new 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:RMMZ (6/6/2025, 1:48:01 PM)
14.49
+0.04 (+0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.28%
1 Week0.35%
2 Weeks1.48%
1 Month0.21%
3 Month-8.08%
6 Month-9.39%
12 Month-10.86%
2 Year-9.91%
3 Year-10.58%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%1.45%
ATR Inc30.17%
Range Today0.24
ADR(20)0.2
ADR(20)%1.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.76
Mansfield-1.05
10 Day High14.62
10 Day Low14.21
20 Day High14.8
20 Day Low14.21
52 Week High16.56
52 Week Low13.79
CS1 End14.45
CR1 Start14.54
Volume & EV
DER(3)-1.53%
DER(5)0.02%
Volume8.74K
Volume Incr-11.67%
Vol(5)23.88K
Vol(50)26.31K