Technical Analysis for RIV - RiverNorth Opportunities Fund, Inc.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Up | Up | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| New 52 Week Closing High | Bullish | 0.50% | |
| 180 Bullish Setup | Bullish Swing Setup | 0.50% | |
| Pocket Pivot | Bullish Swing Setup | 0.50% | |
| Cup with Handle | Other | 0.50% | |
| Outside Day | Range Expansion | 0.50% | |
| Overbought Stochastic | Strength | 0.50% | |
| Cup with Handle | Other | 1.17% | |
| Inside Day | Range Contraction | 1.17% | |
| Gapped Up | Strength | 1.17% | |
| Overbought Stochastic | Strength | 1.17% |
| Alert | Time |
|---|---|
| Possible NR7 | about 1 hour ago |
| Bullish 180 Entry | about 5 hours ago |
| Rose Above Previous Day's High | about 5 hours ago |
| Up 1% | 3 days ago |
| 60 Minute Opening Range Breakdown | 3 days ago |
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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 | 12.1628 |
| 52 Week Low | 8.9956 |
| Average Volume | 79,277 |
| 200-Day Moving Average | 10.63 |
| 50-Day Moving Average | 11.68 |
| 20-Day Moving Average | 11.66 |
| 10-Day Moving Average | 11.74 |
| Average True Range | 0.17 |
| RSI (14) | 64.29 |
| ADX | 22.04 |
| +DI | 27.66 |
| -DI | 17.66 |
| Chandelier Exit (Long, 3 ATRs) | 11.56 |
| Chandelier Exit (Short, 3 ATRs) | 11.71 |
| Upper Bollinger Bands | 12.11 |
| Lower Bollinger Band | 11.20 |
| Percent B (%b) | 0.9 |
| BandWidth | 7.81 |
| MACD Line | 0.07 |
| MACD Signal Line | 0.01 |
| MACD Histogram | 0.0534 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 12.33 | ||||
| Resistance 3 (R3) | 12.31 | 12.19 | 12.28 | ||
| Resistance 2 (R2) | 12.19 | 12.11 | 12.20 | 12.26 | |
| Resistance 1 (R1) | 12.10 | 12.06 | 12.15 | 12.12 | 12.25 |
| Pivot Point | 11.98 | 11.98 | 12.00 | 11.99 | 11.98 |
| Support 1 (S1) | 11.90 | 11.90 | 11.94 | 11.92 | 11.79 |
| Support 2 (S2) | 11.77 | 11.85 | 11.78 | 11.78 | |
| Support 3 (S3) | 11.69 | 11.77 | 11.76 | ||
| Support 4 (S4) | 11.71 |
