RMM Stock RiverNorth Managed Duration Municipal Income Fund (RMM, $13.51) entered Uptrend as Momentum indicator ascends above 0 level on Jul 02, 2025

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RMM - RiverNorth Managed Duration Municipal Income Fund

Momentum signal

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Odds of UP Trend

Price: $13.51

Daily change: +$0.03 (+0.22%)

Daily volume: 69.3K

Net Assets: $291.8M

RMM's MACD Histogram crosses above signal line

The Moving Average Convergence Divergence (MACD) for RMM turned positive on July 01, 2025. Looking at past instances where RMM's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on July 02, 2025. You may want to consider a long position or call options on RMM as a result. In of 73 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RMM advanced for three days, in of 319 cases, the price rose further within the following month. The odds of a continued upward trend are .

RMM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

RMM moved below its 50-day moving average on June 18, 2025 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for RMM crossed bearishly below the 50-day moving average on June 20, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

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

The Aroon Indicator for RMM entered a downward trend on July 03, 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.