Technical Analysis for RMM - RiverNorth Managed Duration Municipal Income Fund, Inc.

Grade Last Price % Change Price Change
C 15.75 1.09% 0.17
RMM closed up 1.09 percent on Thursday, November 14, 2024, on approximately normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Flat Up

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Gapped Up Strength 0.00%
Crossed Above 20 DMA Bullish 1.09%
Inside Day Range Contraction 1.09%
Fell Below 20 DMA Bearish 1.48%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.77%
20 DMA Support Bullish 0.77%
MACD Bullish Signal Line Cross Bullish 0.77%
NR7 Range Contraction 0.77%
Inside Day Range Contraction 0.77%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 9 hours ago
Rose Above 50 DMA about 9 hours ago
Up 1% about 9 hours ago
Up 1 ATR about 9 hours ago
60 Minute Opening Range Breakdown 1 day ago

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Rivernorth Managed Duration Municipal Income Fund Inc. is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC. The fund is co-managed by MacKay Shields LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal debt securities. It seeks to invest in securities of any maturity. The fund employs a combination of fundamental and quantitative analysis. It benchmarks the performance of its portfolio against the Bloomberg Barclays Municipal Bond Index. The fund employs proprietary research to create its portfolio. Rivernorth Managed Duration Municipal Income Fund Inc. was formed on July 26, 2019 and is domiciled in the United States.
Classification

Keywords: Bond Mutual Fund Debt Securities Bond Fund Hedge Funds

Is RMM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 16.2758
52 Week Low 13.1809
Average Volume 49,319
200-Day Moving Average 14.90
50-Day Moving Average 15.71
20-Day Moving Average 15.56
10-Day Moving Average 15.50
Average True Range 0.19
RSI (14) 56.90
ADX 16.27
+DI 21.95
-DI 18.03
Chandelier Exit (Long, 3 ATRs) 15.53
Chandelier Exit (Short, 3 ATRs) 15.74
Upper Bollinger Bands 16.01
Lower Bollinger Band 15.11
Percent B (%b) 0.71
BandWidth 5.81
MACD Line -0.03
MACD Signal Line -0.07
MACD Histogram 0.0319
Fundamentals Value
Market Cap 310.9 Million
Num Shares 19.7 Million
EPS -0.88
Price-to-Earnings (P/E) Ratio -17.95
Price-to-Sales 0.00
Price-to-Book 0.00
Dividend 1.10
Dividend Yield 6.98%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 15.99
Resistance 3 (R3) 15.98 15.88 15.95
Resistance 2 (R2) 15.88 15.82 15.89 15.94
Resistance 1 (R1) 15.82 15.78 15.85 15.83 15.92
Pivot Point 15.72 15.72 15.74 15.73 15.72
Support 1 (S1) 15.66 15.66 15.69 15.67 15.58
Support 2 (S2) 15.56 15.62 15.57 15.56
Support 3 (S3) 15.50 15.56 15.55
Support 4 (S4) 15.51