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

Grade Last Price % Change Price Change
D 15.34 -0.13% -0.02
RMM closed down 0.13 percent on Wednesday, November 20, 2024, on 1.22 times normal volume.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
20 DMA Resistance Bearish -0.13%
NR7 Range Contraction -0.13%
Narrow Range Bar Range Contraction -0.13%
Inside Day Range Contraction -0.13%
Down 3 Days in a Row Weakness -0.13%
Fell Below 20 DMA Bearish -0.52%
Fell Below 50 DMA Bearish -1.16%

   Recent Intraday Alerts

Alert Time
20 DMA Resistance about 20 hours ago
1.5x Volume Pace about 20 hours ago
Fell Below Previous Day's Low about 20 hours ago
Possible NR7 1 day ago
Possible Inside Day 1 day ago

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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 16.1811
52 Week Low 13.1042
Average Volume 50,754
200-Day Moving Average 14.83
50-Day Moving Average 15.61
20-Day Moving Average 15.38
10-Day Moving Average 15.46
Average True Range 0.18
RSI (14) 43.82
ADX 14.05
+DI 21.27
-DI 23.03
Chandelier Exit (Long, 3 ATRs) 15.45
Chandelier Exit (Short, 3 ATRs) 15.64
Upper Bollinger Bands 15.63
Lower Bollinger Band 15.14
Percent B (%b) 0.41
BandWidth 3.21
MACD Line -0.04
MACD Signal Line -0.05
MACD Histogram 0.0058
Fundamentals Value
Market Cap 302.8 Million
Num Shares 19.7 Million
EPS -0.88
Price-to-Earnings (P/E) Ratio -17.48
Price-to-Sales 0.00
Price-to-Book 0.00
Dividend 1.10
Dividend Yield 7.17%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 15.55
Resistance 3 (R3) 15.55 15.48 15.52
Resistance 2 (R2) 15.48 15.43 15.48 15.50
Resistance 1 (R1) 15.41 15.39 15.38 15.41 15.49
Pivot Point 15.34 15.34 15.32 15.34 15.34
Support 1 (S1) 15.27 15.29 15.24 15.27 15.19
Support 2 (S2) 15.20 15.25 15.20 15.18
Support 3 (S3) 15.13 15.20 15.17
Support 4 (S4) 15.13