15.68
price up icon0.32%   0.0501
after-market After Hours: 15.68 -0.000100 -0.00%
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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 negative, with an average analyst price target of $13.96, representing a -11.00% decrease from the current price of $15.68. The highest analyst price target is $15.05, and the lowest is $12.86.

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 13.69 (-12.69% Downside)
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Is Rivernorth Opportunistic Municipal Income Fund Inc (RMI) A Buy Now?

Oscillators
Name Value Action
RSI(14) 38.89 Neutral
STOCH(9,6) 29.49 Neutral
STOCHRSI(14) 24.13 Neutral
MACD(12,26) -0.1016 Sell
ADX(14) 17.23 Neutral
William %R -87.48 Buy
CCI(14) -137.52 Sell
Buy: 1 Sell: 2 Neutral: 4
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
15.86
Sell
15.81
Sell
MA20
15.86
Sell
15.89
Sell
MA50
16.11
Sell
16.00
Sell
MA100
16.04
Sell
16.01
Sell
MA200
15.98
Sell
15.89
Sell
Buy: 0 Sell: 10 Neutral: 0
Summary: Sell
According to our latest analysis, RMI could be considered a Strong Sell, with 17 technical analysis indicators signaling 1 Buy signals, 12 signaling Sell signals and 4 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 38.89 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 29.49 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 24.13 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 The ADX value of 17.23 indicates that there is no clear directional movement, and the market may be ranging or moving sideways.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -137.52 indicates that RMI is oversold. This means that the price has moved significantly lower than its average, indicating a potential buying opportunity.

Long-term RMI price forecast for 2025, 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 $11.80 by 2030, $3.6507 by 2040 and $6.0837 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 $6.7717 in 2035, with a high prediction of $7.0709 and a low estimate of $6.0509. This indicates an $-56.81% rise from the last recorded price of $15.68.
  • Rivernorth Opportunistic Municipal Income Fund Inc (RMI) stock is projected to chart a bullish course in 2040, with an average price target of $3.221, representing an $-79.46% surge from its current level. The forecast ranges from a conservative $3.0744 to a sky-high $3.6507.
  • Our analysts predict Rivernorth Opportunistic Municipal Income Fund Inc (RMI) to jump -86.71% by 2045, soaring from $2.1629 to an average price of $2.0844, potentially reaching $1.9607. While $2.1629 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 $6.9961, a $-55.38% jump from its current level. However, a wide range of estimates exists, with high and low targets of $6.0837 and $6.2342, 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 2024

Our forecast for RMI stock price in 2024 now indicates an average price target of $14.68 with a high forecast of $16.50 and a low forecast of $12.86. The average prediction reflects an decrease of -6.39% from the last recorded price of $15.68.
Month Average Low High Change from today's price
December, 2024 $12.95 $12.86 $15.05 -17.43%

Rivernorth Opportunistic Municipal Income Fund Inc Stock (RMI) Price Forecast for 2025

Rivernorth Opportunistic Municipal Income Fund Inc Stock (RMI) is expected to reach an average price of $13.69 in 2025, with a high prediction of $15.43 and a low estimate of $11.95. This indicates an -12.69% fall from the last recorded price of $15.68.
Month Average Low High Change from today's price
January, 2025 $13.24 $11.95 $13.36 -15.54%
February, 2025 $14.16 $12.98 $14.53 -9.68%
March, 2025 $14.23 $14.00 $14.76 -9.23%
April, 2025 $14.64 $14.00 $14.91 -6.65%
May, 2025 $15.02 $14.48 $15.26 -4.19%
June, 2025 $15.18 $14.76 $15.41 -3.16%
July, 2025 $14.51 $14.43 $15.43 -7.45%
August, 2025 $14.36 $14.17 $14.55 -8.39%
September, 2025 $14.47 $13.30 $14.68 -7.69%
October, 2025 $14.69 $14.00 $15.02 -6.33%
November, 2025 $13.40 $13.15 $14.94 -14.56%
December, 2025 $14.13 $13.27 $14.13 -9.89%

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 $13.00. Estimates vary from a peak of $15.14 to a trough of $10.85, indicating an -17.11% surge from the present price of $15.68.
Month Average Low High Change from today's price
January, 2026 $14.06 $13.76 $14.34 -10.35%
February, 2026 $13.47 $13.42 $15.14 -14.12%
March, 2026 $13.92 $13.33 $14.59 -11.25%
April, 2026 $11.96 $11.75 $13.95 -23.74%
May, 2026 $12.15 $10.85 $12.16 -22.54%
June, 2026 $13.07 $11.89 $13.44 -16.64%
July, 2026 $13.06 $12.91 $13.67 -16.73%
August, 2026 $13.56 $13.02 $13.82 -13.55%
September, 2026 $14.07 $13.40 $14.34 -10.29%
October, 2026 $14.36 $13.69 $14.36 -8.44%
November, 2026 $13.45 $13.37 $14.36 -14.25%
December, 2026 $13.17 $13.11 $13.49 -16.01%

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 $11.89, with a high forecast of $14.03 and a low forecast of $9.7526. This indicates an -24.17% decrease from the last price of $15.68.
Month Average Low High Change from today's price
January, 2027 $13.55 $12.16 $13.88 -13.56%
February, 2027 $13.56 $12.90 $13.86 -13.54%
March, 2027 $12.22 $12.03 $13.81 -22.04%
April, 2027 $13.01 $12.17 $13.01 -17.04%
May, 2027 $12.94 $12.64 $13.22 -17.47%
June, 2027 $12.30 $12.22 $14.03 -21.57%
July, 2027 $12.71 $12.22 $13.48 -18.93%
August, 2027 $10.86 $10.65 $12.70 -30.77%
September, 2027 $11.25 $9.7526 $11.30 -28.23%
October, 2027 $12.14 $11.12 $12.34 -22.60%
November, 2027 $11.97 $11.82 $12.58 -23.66%
December, 2027 $12.67 $11.94 $12.74 -19.22%

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 $11.28, with a high projection of $13.29 and a low estimate of $9.2807. This indicates an -28.04% fall from the last price of $15.68.
Month Average Low High Change from today's price
January, 2028 $12.99 $12.50 $13.26 -17.15%
February, 2028 $13.28 $12.61 $13.28 -15.28%
March, 2028 $12.22 $12.08 $13.29 -22.06%
April, 2028 $12.03 $11.97 $12.42 -23.28%
May, 2028 $11.94 $11.02 $12.75 -23.84%
June, 2028 $12.25 $11.87 $12.69 -21.87%
July, 2028 $11.10 $10.90 $12.44 -29.22%
August, 2028 $11.89 $11.04 $12.10 -24.16%
September, 2028 $12.18 $11.53 $12.27 -22.32%
October, 2028 $11.19 $11.11 $12.91 -28.65%
November, 2028 $10.68 $10.62 $12.37 -31.88%
December, 2028 $9.3689 $9.2807 $10.69 -40.25%

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 $10.44 on average, with a high prediction of $12.22 and a low estimate of $8.6535. This represents an -33.45% decrease from the previous price of $15.68.
Month Average Low High Change from today's price
January, 2029 $10.88 $8.6535 $10.89 -30.60%
February, 2029 $11.07 $10.70 $11.25 -29.42%
March, 2029 $11.42 $10.74 $11.57 -27.18%
April, 2029 $11.59 $10.85 $11.65 -26.11%
May, 2029 $11.79 $11.42 $12.18 -24.82%
June, 2029 $11.79 $11.66 $12.22 -24.83%
July, 2029 $11.16 $11.02 $11.86 -28.86%
August, 2029 $10.07 $10.03 $11.36 -35.77%
September, 2029 $10.81 $9.8825 $11.61 -31.07%
October, 2029 $10.91 $10.73 $11.56 -30.44%
November, 2029 $10.44 $9.7724 $11.01 -33.42%
December, 2029 $10.77 $10.06 $10.98 -31.30%

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 $9.6775 in 2030, with a high forecast of $11.80 and a low forecast of $7.5544. This signifies an -38.28% decrease from the last price of $15.68.
Month Average Low High Change from today's price
January, 2030 $11.44 $10.41 $11.80 -27.07%
February, 2030 $10.44 $9.9976 $11.49 -33.40%
March, 2030 $9.576 $9.516 $11.26 -38.93%
April, 2030 $8.2687 $8.1805 $9.5816 -47.27%
May, 2030 $9.7871 $7.5544 $9.7971 -37.58%
June, 2030 $9.9777 $9.6084 $10.16 -36.37%
July, 2030 $10.32 $9.6568 $10.57 -34.20%
August, 2030 $10.51 $9.7705 $10.70 -32.97%
September, 2030 $10.71 $10.34 $11.11 -31.67%
October, 2030 $10.75 $10.56 $11.15 -31.43%
November, 2030 $10.09 $9.9147 $10.79 -35.62%
December, 2030 $8.9318 $8.8868 $10.22 -43.04%
closed_end_fund_debt FTF
$6.55
price up icon 0.61%
closed_end_fund_debt PTY
$14.58
price up icon 0.07%
closed_end_fund_debt GOF
$15.82
price up icon 0.64%
closed_end_fund_debt NZF
$12.62
price up icon 0.32%
closed_end_fund_debt JPC
$8.08
price up icon 0.50%
closed_end_fund_debt NVG
$12.74
price down icon 0.39%
Cap:     |  Volume (24h):