Logo image of RFM

RIVERNORTH FLEXIBLE MUNI (RFM) Stock Technical Analysis

NYSE:RFM - New York Stock Exchange, Inc. - US76883H1041 - Currency: USD

15.71  +0.02 (+0.13%)

Technical Rating and Analysis

4

Taking everything into account, RFM scores 4 out of 10 in our technical rating. RFM has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

Warning: RFM has an average volume of 26930 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the performance of all stocks over the past year, RFM turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
RFM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RFM is lagging the market.
In the last month RFM has a been trading in a tight range between 15.18 and 15.79.
Weekly and Daily overview Charts
RIVERNORTH FLEXIBLE MUNI / RFM Weekly stock chart
RIVERNORTH FLEXIBLE MUNI / RFM Daily stock chart
Setup Rating and Analysis

8

RFM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 15.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.66, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

14.69

16.58

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 15.17 to 15.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 14.84 to 14.91. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 15.89 to 16.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.35
Mansfield-0.83
10 Day High15.79
10 Day Low15.44
20 Day High15.79
20 Day Low15.18
52 Week High16.54
52 Week Low14.78
Performance
1 Week0.55%
2 Weeks1.09%
1 Month2.88%
3 Month0.06%
6 Month-1.57%
12 Month-0.13%
2 Year-1.5%
3 Year-21.41%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)62.46
LBB15.42
UBB15.77
RIVERNORTH FLEXIBLE MUNI / RFM Daily stock chart

RIVERNORTH FLEXIBLE MUNI

NYSE:RFM (2/21/2025, 8:04:00 PM)

15.71

+0.02 (+0.13%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.13%
1 Week0.55%
2 Weeks1.09%
1 Month2.88%
3 Month0.06%
6 Month-1.57%
12 Month-0.13%
2 Year-1.5%
3 Year-21.41%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%0.78%
ATR Inc-39.14%
Range Today0.04
ADR(20)0.1
ADR(20)%0.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.35
Mansfield-0.83
10 Day High15.79
10 Day Low15.44
20 Day High15.79
20 Day Low15.18
52 Week High16.54
52 Week Low14.78
CS1 End15.66
CR1 Start15.89
Volume & EV
DER(3)-3.44%
DER(5)-0.96%
Volume13.20K
Volume Incr30.81%
Vol(5)18.32K
Vol(50)26.93K