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Rivernorth Opportunistic Municipal Income Fund IncRMI
$13.720.25%-0.035

Rivernorth Opportunistic Municipal Income Fund Inc (RMI)

Rivernorth Opportunistic Municipal Income Fund Inc Stock (RMI) Forecast

The Rivernorth Opportunistic Municipal Income Fund Inc (RMI) stock price forecast for the next 30 days is generally positive, with an average analyst price target of $13.83, representing a +0.81% increase from the current price of $13.72. The highest analyst price target is $14.54, and the lowest is $13.11.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.

12-Month RMI Price Target
Average 10.74 (-21.69% Upside)

Is Rivernorth Opportunistic Municipal Income Fund Inc (RMI) A Buy Now?

Oscillators
NameValueAction
RSI(14)44.51Neutral
STOCH(9,6)40.21Neutral
STOCHRSI(14)22.07Neutral
MACD(12,26)-0.03Buy
ADX(14)10.09Neutral
William %R-68.67Neutral
CCI(14)-62.25Neutral
Buy: 1 · Sell: 0 · Neutral: 6Summary: Neutral
Moving Averages
PeriodSimpleExponential
MA10
13.96
Sell
13.87
Sell
MA20
13.83
Sell
13.88
Sell
MA50
14.04
Sell
14.12
Sell
MA100
14.76
Sell
14.48
Sell
MA200
15.03
Sell
14.67
Sell
Buy: 0 · Sell: 10 · Neutral: 0Summary: Sell

According to our latest analysis, RMI could be considered a Strong Sell, with 17 technical analysis indicators signaling 1 Buy signals, 10 signaling Sell signals and 6 Neutral signals. This might not be a good time to consider opening new positions on RMI, as trading bearish markets can be challenging and may result in losses.

  1. RSI (Relative Strength Index): The RSI(14) value of 44.51 indicates that RMI is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 40.21 indicates that RMI is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 22.07 indicates that RMI is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  4. ADX (Average Directional Index): The ADX value of 10.09 suggests that there may be some movement in price, but it lacks strength or conviction.
  5. CCI (Commodity Channel Index): A CCI(14) value of -62.25 indicates that RMI is still oversold but not to an extreme extent.

Long-term RMI price forecast for 2026, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Rivernorth Opportunistic Municipal Income Fund Inc financial reports and earnings history, Rivernorth Opportunistic Municipal Income Fund Inc (RMI) stock could reach $9.96 by 2030, $8.98 by 2040 and $26.80 by 2050. See the projected annual prices until 2050 of the Rivernorth Opportunistic Municipal Income Fund Inc stock below:

  • Rivernorth Opportunistic Municipal Income Fund Inc (RMI) is expected to reach an average price of $2.12 in 2035, with a high prediction of $2.73 and a low estimate of $0.3863. This indicates an -84.53% change from the last recorded price of $13.72.
  • Rivernorth Opportunistic Municipal Income Fund Inc (RMI) stock is projected to chart a bullish course in 2040, with an average price target of $6.24, representing an -54.47% change from its current level. The forecast ranges from a conservative $5.66 to a sky-high $8.98.
  • Our analysts predict Rivernorth Opportunistic Municipal Income Fund Inc (RMI) to change +5.52% by 2045, soaring from $13.97 to an average price of $14.47, potentially reaching $18.10. While $13.97 is the low estimate, the potential upside is significant.
  • Rivernorth Opportunistic Municipal Income Fund Inc (RMI) stock is expected to climb by 2050, reaching an average of $21.59, a +57.41% change from its current level. However, a wide range of estimates exists, with high and low targets of $26.80 and $22.38, respectively, highlighting the market's uncertainty.

Rivernorth Opportunistic Municipal Income Fund Inc Stock (RMI) Year by Year Forecast

Rivernorth Opportunistic Municipal Income Fund Inc Stock (RMI) Price Forecast for 2026

The predicted value for Rivernorth Opportunistic Municipal Income Fund Inc (RMI) in 2026 is set at an average of $14.95. Estimates vary from a peak of $16.36 to a trough of $13.11, indicating an +9.02% surge from the present price of $13.72.

MonthAverageLowHighChange from today's price
December, 2026$14.42$13.11$14.54+5.15%

Rivernorth Opportunistic Municipal Income Fund Inc Stock (RMI) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Rivernorth Opportunistic Municipal Income Fund Inc (RMI) is $9.38, with a high forecast of $13.75 and a low forecast of $6.32. This indicates an -31.60% decrease from the last price of $13.72.

MonthAverageLowHighChange from today's price
January, 2027$12.63$12.31$13.75-7.92%
February, 2027$11.76$10.90$12.64-14.28%
March, 2027$10.99$10.45$12.16-19.89%
April, 2027$9.87$9.48$11.10-28.00%
May, 2027$8.33$8.11$11.37-39.24%
June, 2027$8.75$6.94$8.77-36.19%
July, 2027$8.28$8.21$9.76-39.63%
August, 2027$9.14$7.67$9.39-33.37%
September, 2027$10.04$8.97$10.56-26.82%
October, 2027$8.59$8.56$10.29-37.34%
November, 2027$7.78$7.22$9.41-43.25%
December, 2027$6.42$6.32$8.05-53.22%

Rivernorth Opportunistic Municipal Income Fund Inc Stock (RMI) Price Forecast for 2028

In 2028, Rivernorth Opportunistic Municipal Income Fund Inc (RMI) is projected to reach an average price of $8.79, with a high projection of $11.05 and a low estimate of $6.42. This indicates an -35.90% fall from the last price of $13.72.

MonthAverageLowHighChange from today's price
January, 2028$9.14$6.42$9.25-33.35%
February, 2028$8.38$7.95$10.03-38.91%
March, 2028$9.70$7.86$9.90-29.30%
April, 2028$10.50$9.61$11.05-23.41%
May, 2028$8.30$8.19$10.54-39.46%
June, 2028$9.01$7.60$9.34-34.30%
July, 2028$8.88$8.36$9.32-35.25%
August, 2028$7.76$7.54$9.07-43.43%
September, 2028$8.58$7.71$8.58-37.47%
October, 2028$8.91$8.23$9.00-35.06%
November, 2028$7.94$7.86$9.65-42.08%
December, 2028$8.39$7.88$9.15-38.82%

Rivernorth Opportunistic Municipal Income Fund Inc Stock (RMI) Price Forecast for 2029

The 2029 price forecast for Rivernorth Opportunistic Municipal Income Fund Inc Stock (RMI) is $8.32 on average, with a high prediction of $9.30 and a low estimate of $5.48. This represents an -39.33% decrease from the previous price of $13.72.

MonthAverageLowHighChange from today's price
January, 2029$6.19$6.10$8.39-54.86%
February, 2029$7.01$5.48$7.06-48.90%
March, 2029$7.93$6.88$8.12-42.21%
April, 2029$8.34$7.62$8.49-39.22%
May, 2029$8.53$7.79$8.58-37.78%
June, 2029$8.89$8.38$9.16-35.17%
July, 2029$8.80$8.52$9.23-35.83%
August, 2029$8.20$8.06$8.88-40.22%
September, 2029$8.89$8.03$8.90-35.21%
October, 2029$8.87$8.44$9.30-35.36%
November, 2029$9.08$8.64$9.14-33.77%
December, 2029$9.13$8.71$9.19-33.41%

Rivernorth Opportunistic Municipal Income Fund Inc Stock (RMI) Price Forecast for 2030

Rivernorth Opportunistic Municipal Income Fund Inc Stock (RMI) is expected to reach an average price of $8.51 in 2030, with a high forecast of $9.96 and a low forecast of $7.09. This signifies an -37.97% decrease from the last price of $13.72.

MonthAverageLowHighChange from today's price
January, 2030$8.90$8.73$9.24-35.10%
February, 2030$9.42$8.85$9.50-31.33%
March, 2030$9.05$9.05$9.62-34.04%
April, 2030$8.93$8.82$9.28-34.92%
May, 2030$8.25$8.23$9.96-39.82%
June, 2030$8.52$8.05$8.67-37.87%
July, 2030$9.04$8.44$9.19-34.08%
August, 2030$8.62$8.62$9.19-37.16%
September, 2030$7.38$7.09$8.98-46.17%
October, 2030$7.99$7.35$7.99-41.77%
November, 2030$8.13$7.56$8.42-40.70%
December, 2030$7.87$7.70$8.34-42.63%

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