RMI

Technical Sentiment Analysis for Rivernorth Opportunistic Municipal Income Fund Inc (RMI). As of 2026-03-04, Rivernorth Opportunistic Municipal Income Fund Inc (RMI) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 8 indicators are flashing buy, while 1 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for RMI stands at 67.7, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.28, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 62.11 and the Commodity Channel Index (CCI) at 87.65 further confirm a 0.41 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, RMI is trading above its 60-day moving average of $14.85 and above its 200-day long-term moving average of $14.49. Key price levels to watch include the immediate resistance at $16.4 and strong support at $14.9. A break above $16.4 could signal a bull continuation, while falling below $14.9 may test the next Fibonacci floor at $14.13.