RiverNorth Managed Duration Municipal Income Fund II Inc is a diversified, closed-end management investment company... Show more
The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.
The Momentum Indicator moved below the 0 level on June 12, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on RMMZ as a result. In of 58 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for RMMZ turned negative on June 10, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 29 similar instances when the indicator turned negative. In of the 29 cases the stock turned lower in the days that followed. This puts the odds of success at .
RMMZ 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 RMMZ crossed bearishly below the 50-day moving average on June 25, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 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 RMMZ 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 RMMZ entered a downward trend on June 30, 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.
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A.I.dvisor indicates that over the last year, RMMZ has been loosely correlated with NAD. These tickers have moved in lockstep 41% of the time. This A.I.-generated data suggests there is some statistical probability that if RMMZ jumps, then NAD could also see price increases.
Ticker / NAME | Correlation To RMMZ | 1D Price Change % | ||
---|---|---|---|---|
RMMZ | 100% | +0.79% | ||
NAD - RMMZ | 41% Loosely correlated | +0.36% | ||
NUV - RMMZ | 39% Loosely correlated | +0.12% | ||
NEA - RMMZ | 37% Loosely correlated | +0.74% | ||
PZA - RMMZ | 7% Poorly correlated | +0.18% | ||
TFI - RMMZ | 5% Poorly correlated | +0.22% |