RiverNorth Opportunities Fund (RIV) Technical Analysis: Signals, Charts & Indicators

3.72 / 10

Netural

Technical analysis yields a 3.72/10 score, deemed neutral. The MACD Death Cross offers a modest bullish hint, but three bearish patterns—Bullish Engulfing, Marubozu White, and Hanging Man—dominate, indicating volatility and unclear direction.

Analysis Checks(1/4)

MACD Death Cross

Score7.61/10

Win Rate91.67%

Hist. Signals12

Avg Return0.41%

Bullish Engulfing

Score3.65/10

Win Rate50.00%

Hist. Signals8

Avg Return-0.17%

Marubozu White

Score2.6/10

Win Rate46.15%

Hist. Signals13

Avg Return-0.77%

Hanging Man

Score1/10

Win Rate16.67%

Hist. Signals6

Avg Return-0.43%

Technical Analysis of RIV?

RIV presents a Netural setup with a Technical Score of 3.72/10. Key technical indicators highlight an RSI of 21.91 and a MACD of -0.09, with the trend anchored by the 50-Day SMA at 11.81. Traders should monitor key support at 11.04 and resistance at 11.21.