Technical Analysis for RIV - RiverNorth Opportunities Fund, Inc.
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| A | 12.88 | 0.70% | 0.09 |
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Up | Up | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| NR7 | Range Contraction | 0.00% | |
| Upper Bollinger Band Walk | Strength | 0.00% | |
| Inside Day | Range Contraction | 0.00% | |
| Gapped Up | Strength | 0.00% | |
| Overbought Stochastic | Strength | 0.00% | |
| Upper Bollinger Band Walk | Strength | 0.70% | |
| Overbought Stochastic | Strength | 0.70% | |
| Upper Bollinger Band Touch | Strength | 0.70% | |
| New 52 Week Closing High | Bullish | -0.31% | |
| New Uptrend | Bullish | -0.31% |
| Alert | Time |
|---|---|
| Possible NR7 | about 17 hours ago |
| Possible Inside Day | about 17 hours ago |
| 60 Minute Opening Range Breakdown | about 18 hours ago |
| Gap Up Partially Closed | about 21 hours ago |
| Gapped Up (Partial) | about 21 hours ago |
Free Daily (Stock) Chart Reading
RiverNorth Opportunities Fund, Inc. Description
Rivernorth Opportunities Fund, Inc. (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is total return consisting of capital appreciation and current income. The Fund seeks to achieve its investment objective by pursuing a tactical asset allocation strategy and opportunistically investing under normal circumstances in closed-end funds and exchange-traded funds (ETFs, and collectively, Underlying Funds). Underlying funds may include business development companies. Under normal circumstances, the Fund intends to maintain long positions in Underlying Funds, but may engage in short sales for investment purposes. The Company's assets include closed-end funds, business development companies, business development company bond, preferred stock, and cash and cash equivalents. ALPS Advisors, Inc. is the investment advisor of the Fund. RiverNorth Capital Management, LLC is the investment sub-advisor of the Fund.
Classification
Keywords: Exchange Traded Fund ETF Index Fund Closed End Fund Business Development
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 12.94 |
| 52 Week Low | 8.5355 |
| Average Volume | 80,200 |
| 200-Day Moving Average | 11.40 |
| 50-Day Moving Average | 12.25 |
| 20-Day Moving Average | 12.51 |
| 10-Day Moving Average | 12.71 |
| Average True Range | 0.16 |
| RSI (14) | 70.59 |
| ADX | 28.01 |
| +DI | 25.48 |
| -DI | 12.11 |
| Chandelier Exit (Long, 3 ATRs) | 12.47 |
| Chandelier Exit (Short, 3 ATRs) | 12.53 |
| Upper Bollinger Bands | 12.96 |
| Lower Bollinger Band | 12.05 |
| Percent B (%b) | 0.91 |
| BandWidth | 7.32 |
| MACD Line | 0.18 |
| MACD Signal Line | 0.14 |
| MACD Histogram | 0.0339 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 13.00 | ||||
| Resistance 3 (R3) | 12.99 | 12.94 | 12.98 | ||
| Resistance 2 (R2) | 12.94 | 12.91 | 12.94 | 12.98 | |
| Resistance 1 (R1) | 12.91 | 12.89 | 12.92 | 12.92 | 12.97 |
| Pivot Point | 12.85 | 12.85 | 12.86 | 12.86 | 12.85 |
| Support 1 (S1) | 12.83 | 12.82 | 12.84 | 12.84 | 12.79 |
| Support 2 (S2) | 12.77 | 12.80 | 12.78 | 12.78 | |
| Support 3 (S3) | 12.74 | 12.77 | 12.78 | ||
| Support 4 (S4) | 12.76 |
