Technical Analysis for RIV - RiverNorth Opportunities Fund, Inc.
| 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% | |
| Doji - Bearish? | Reversal | 1.83% | |
| NR7 | Range Contraction | 1.66% | |
| Gapped Up | Strength | 1.66% | |
| Oversold Stochastic | Weakness | 1.66% | |
| 180 Bearish Setup | Bearish Swing Setup | 2.73% | |
| Lower Bollinger Band Walk | Weakness | 2.73% | |
| Gapped Up | Strength | 2.73% | |
| Oversold Stochastic | Weakness | 2.73% |
| Alert | Time |
|---|---|
| Up 1 ATR | about 21 hours ago |
| Rose Above 50 DMA | about 21 hours ago |
| Up 1% | about 22 hours ago |
| Rose Above Previous Day's High | about 23 hours ago |
| 60 Minute Opening Range Breakout | about 23 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 | 12.1628 |
| 52 Week Low | 8.9956 |
| Average Volume | 81,268 |
| 200-Day Moving Average | 10.56 |
| 50-Day Moving Average | 11.61 |
| 20-Day Moving Average | 11.68 |
| 10-Day Moving Average | 11.52 |
| Average True Range | 0.17 |
| RSI (14) | 52.38 |
| ADX | 24.8 |
| +DI | 20.67 |
| -DI | 23.81 |
| Chandelier Exit (Long, 3 ATRs) | 11.44 |
| Chandelier Exit (Short, 3 ATRs) | 11.72 |
| Upper Bollinger Bands | 12.12 |
| Lower Bollinger Band | 11.24 |
| Percent B (%b) | 0.48 |
| BandWidth | 7.47 |
| MACD Line | -0.05 |
| MACD Signal Line | -0.02 |
| MACD Histogram | -0.0306 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 11.99 | ||||
| Resistance 3 (R3) | 11.96 | 11.81 | 11.94 | ||
| Resistance 2 (R2) | 11.81 | 11.73 | 11.83 | 11.92 | |
| Resistance 1 (R1) | 11.74 | 11.68 | 11.78 | 11.77 | 11.90 |
| Pivot Point | 11.59 | 11.59 | 11.61 | 11.61 | 11.59 |
| Support 1 (S1) | 11.52 | 11.51 | 11.56 | 11.55 | 11.42 |
| Support 2 (S2) | 11.37 | 11.46 | 11.39 | 11.40 | |
| Support 3 (S3) | 11.30 | 11.37 | 11.39 | ||
| Support 4 (S4) | 11.33 |
