


Technical Sentiment Analysis for Rivernorth Opportunistic Municipal Income Fund Inc (RMI). As of 2026-07-08, Rivernorth Opportunistic Municipal Income Fund Inc (RMI) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 8 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for RMI stands at 59.95, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.09, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 69.32 and the Commodity Channel Index (CCI) at 106.78 further confirm a 0.23 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, RMI is trading above its 60-day moving average of $15.31 and above its 200-day long-term moving average of $14.97. Key price levels to watch include the immediate resistance at $15.78 and strong support at $15.25. A break above $15.78 could signal a bull continuation, while falling below $15.25 may test the next Fibonacci floor at $15.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 14.72 | 15 | 15.25 | 15.53 | 15.78 | 16.06 | 16.31 |
| Fibonacci | 15 | 15.2 | 15.32 | 15.53 | 15.73 | 15.85 | 16.06 |
2026-07-08
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 59.95 |
| Stochastic Oscillator | 69.32 |
| Stochastic RSI | 72.87 |
| Commodity Channel Index (CCI) | 106.78 |
| Awesome Oscillator | 0.28 |
| Momentum | 0.23 |
| MACD | 0.09 |
2026-07-08
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 15.61 | Sell |
| 10-Day | 15.51 | Buy |
| 20-Day | 15.39 | Buy |
| 60-Day | 15.31 | Buy |
| 200-Day | 14.97 | Buy |
| 250-Day | 14.8 | Buy |