


Technical Sentiment Analysis for Rivernorth Opportunistic Municipal Income Fund Inc (RMI). As of 2026-05-05, 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 47.49, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.06, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 19.45 and the Commodity Channel Index (CCI) at -64.92 further confirm a -0.15 outlook for the ETF.
Support, Resistance & Moving Averages. From a structural perspective, RMI is trading above its 60-day moving average of $15.37 and above its 200-day long-term moving average of $14.7. Key price levels to watch include the immediate resistance at $15.41 and strong support at $14.92. A break above $15.41 could signal a bull continuation, while falling below $14.92 may test the next Fibonacci floor at $14.67.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 14.43 | 14.67 | 14.92 | 15.16 | 15.41 | 15.65 | 15.9 |
| Fibonacci | 14.67 | 14.86 | 14.97 | 15.16 | 15.35 | 15.46 | 15.65 |
2026-05-05
| Name | Value |
|---|---|
| Relative Strength Index (RSI) | 47.49 |
| Stochastic Oscillator | 19.45 |
| Stochastic RSI | 21.91 |
| Commodity Channel Index (CCI) | -64.92 |
| Awesome Oscillator | -0.13 |
| Momentum | -0.15 |
| MACD | -0.06 |
2026-05-05
| Period | Simple | Signal |
|---|---|---|
| 5-Day | 15.1 | Buy |
| 10-Day | 15.17 | Buy |
| 20-Day | 15.34 | Buy |
| 60-Day | 15.37 | Buy |
| 200-Day | 14.7 | Buy |
| 250-Day | 14.64 | Buy |