Technical Analysis for RIV - RiverNorth Opportunities Fund, Inc.

Grade Last Price % Change Price Change
grade D 16.46 -0.30% -0.05
RIV closed down 0.3 percent on Friday, October 18, 2019, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical RIV trend table...

Date Alert Name Type % Chg
Jack-in-the-Box Bearish Bearish Swing Setup 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Cup with Handle Other 0.00%
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Doji - Bullish? Reversal 0.00%
Down 3 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Expansion Breakdown Bearish Swing Setup -0.30%

Older signals for RIV ...

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Profile
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.
Exchange Traded Fund Index Fund Institutional Investors Hedge Fund Closed End Fund Investment Funds Opportunities Fund
Is RIV a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 18.1
52 Week Low 14.2
Average Volume 53,929
200-Day Moving Average 16.9588
50-Day Moving Average 16.982
20-Day Moving Average 16.8835
10-Day Moving Average 16.782
Average True Range 0.2558
ADX 14.68
+DI 14.3644
-DI 26.0235
Chandelier Exit (Long, 3 ATRs ) 16.8426
Chandelier Exit (Short, 3 ATRs ) 17.1674
Upper Bollinger Band 17.3129
Lower Bollinger Band 16.4541
Percent B (%b) 0.01
BandWidth 5.086623
MACD Line -0.1367
MACD Signal Line -0.0835
MACD Histogram -0.0532
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 16.58
Resistance 3 (R3) 16.57 16.53 16.56
Resistance 2 (R2) 16.53 16.50 16.53 16.55
Resistance 1 (R1) 16.49 16.48 16.50 16.50 16.55
Pivot Point 16.45 16.45 16.45 16.45 16.45
Support 1 (S1) 16.41 16.42 16.42 16.42 16.37
Support 2 (S2) 16.37 16.40 16.37 16.37
Support 3 (S3) 16.33 16.37 16.36
Support 4 (S4) 16.34