OPP

Technical Sentiment Analysis for Rivernorth/Doubleline Strategic Opportunity Fund, Inc. (OPP). As of 2026-07-08, Rivernorth/Doubleline Strategic Opportunity Fund, Inc. (OPP) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 7 indicators are flashing buy, while 5 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for OPP stands at 56.04, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.01, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 80.77 and the Commodity Channel Index (CCI) at 94.33 further confirm a 0.17 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, OPP is trading below its 60-day moving average of $7.7 and below its 200-day long-term moving average of $7.89. Key price levels to watch include the immediate resistance at $7.76 and strong support at $7.52. A break above $7.76 could signal a bull continuation, while falling below $7.52 may test the next Fibonacci floor at $7.38.