RIV Stock RiverNorth Opportunities Fund (RIV, $11.6) price moved above its 50-day Moving Average on May 01, 2025

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RIV - RiverNorth Opportunities Fund

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Odds of UP Trend

Price: $11.6

Daily change: +$0.13 (+1.13%)

Daily volume: 47K

Net Assets: $258.5M

RIV in +2.18% Uptrend, rising for three consecutive days on May 02, 2025

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where RIV advanced for three days, in of 351 cases, the price rose further within the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where RIV's RSI Oscillator exited the oversold zone, of 25 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on April 21, 2025. You may want to consider a long position or call options on RIV as a result. In of 93 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for RIV just turned positive on April 22, 2025. Looking at past instances where RIV's MACD turned positive, the stock continued to rise in of 47 cases over the following month. The odds of a continued upward trend are .

RIV moved above its 50-day moving average on May 01, 2025 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for RIV crossed bullishly above the 50-day moving average on May 06, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 9 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The 50-day moving average for RIV moved below the 200-day moving average on April 23, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where RIV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

RIV broke above its upper Bollinger Band on April 24, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for RIV entered a downward trend on April 14, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.