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Rivernorth Managed Duration Municipal Income Fund Inc Stock (RMM) Forecast
The Rivernorth Managed Duration Municipal Income Fund Inc (RMM) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $13.25, representing a -13.14% decrease from the current price of $15.25. The highest analyst price target is $14.39, and the lowest is $12.10.
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 RMM Price Target
Average 12.87
(-15.58% Downside)
Is Rivernorth Managed Duration Municipal Income Fund Inc (RMM) A Buy Now?
Oscillators
| Name | Value | Action |
|---|---|---|
| RSI(14) | 37.68 | Neutral |
| STOCH(9,6) | 32.60 | Neutral |
| STOCHRSI(14) | 12.33 | Buy |
| MACD(12,26) | -0.0886 | Sell |
| ADX(14) | 16.76 | Neutral |
| William %R | -95.23 | Buy |
| CCI(14) | -93.61 | Neutral |
Buy: 2
Sell: 1
Neutral: 4
Summary: Neutral
Moving Averages
| Period | Simple | Exponential |
|---|---|---|
| MA10 |
15.50
Sell
|
15.43
Sell
|
| MA20 |
15.44
Sell
|
15.50
Sell
|
| MA50 |
15.73
Sell
|
15.59
Sell
|
| MA100 |
15.59
Sell
|
15.52
Sell
|
| MA200 |
15.27
Sell
|
15.29
Sell
|
Buy: 0
Sell: 10
Neutral: 0
Summary: Sell
According to our latest analysis, RMM could be considered a Strong Sell, with 17 technical analysis indicators signaling 2 Buy signals, 11 signaling Sell signals and 4 Neutral signals. This might not be a good time to consider opening new positions on RMM, as trading bearish markets can be challenging and may result in losses.
- RSI (Relative Strength Index): The RSI(14) value of 37.68 indicates that RMM is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
- STOCH (Stochastic Oscillator): The STOCH value of 32.6 indicates that RMM is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
- STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 12.33 indicates that RMM is oversold. This suggests that RMM price is at or near the lowest level relative to its recent price history.
- ADX (Average Directional Index): The ADX value of The ADX value of 16.76 indicates that there is no clear directional movement, and the market may be ranging or moving sideways.
- CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -93.61 indicates that RMM is still oversold but not to an extreme extent.
Long-term RMM price forecast for 2025, 2030, 2035, 2040, 2045 and 2050
Based on our analysis about Rivernorth Managed Duration Municipal Income Fund Inc financial reports and earnings history, Rivernorth Managed Duration Municipal Income Fund Inc (RMM) stock could reach $10.81 by 2030, $3.7256 by 2040 and $4.6509 by 2050. See the projected annual prices until 2050 of the Rivernorth Managed Duration Municipal Income Fund Inc stock below:
- Rivernorth Managed Duration Municipal Income Fund Inc (RMM) is expected to reach an average price of $6.5607 in 2035, with a high prediction of $6.6919 and a low estimate of $5.6254. This indicates an $-56.98% rise from the last recorded price of $15.25.
- Rivernorth Managed Duration Municipal Income Fund Inc (RMM) stock is projected to chart a bullish course in 2040, with an average price target of $3.2992, representing an $-78.37% surge from its current level. The forecast ranges from a conservative $3.2892 to a sky-high $3.7256.
- Our analysts predict Rivernorth Managed Duration Municipal Income Fund Inc (RMM) to jump -91.23% by 2045, soaring from $1.349 to an average price of $1.3369, potentially reaching $1.2241. While $1.349 is the low estimate, the potential upside is significant.
- Rivernorth Managed Duration Municipal Income Fund Inc (RMM) stock is expected to climb by 2050, reaching an average of $5.3609, a $-64.85% jump from its current level. However, a wide range of estimates exists, with high and low targets of $4.6509 and $4.7588, respectively, highlighting the market's uncertainty.
Rivernorth Managed Duration Municipal Income Fund Inc Stock (RMM) Year by Year Forecast
Rivernorth Managed Duration Municipal Income Fund Inc Stock (RMM) Price Forecast for 2024
Our forecast for RMM stock price in 2024 now indicates an average price target of $13.75 with a high forecast of $15.40 and a low forecast of $12.10. The average prediction reflects an decrease of -9.83% from the last recorded price of $15.25.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| December, 2024 | $12.23 | $12.10 | $14.39 | -19.79% |
Rivernorth Managed Duration Municipal Income Fund Inc Stock (RMM) Price Forecast for 2025
Rivernorth Managed Duration Municipal Income Fund Inc Stock (RMM) is expected to reach an average price of $12.87 in 2025, with a high prediction of $14.42 and a low estimate of $11.33. This indicates an -15.58% fall from the last recorded price of $15.25.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2025 | $12.72 | $11.33 | $12.72 | -16.61% |
| February, 2025 | $13.30 | $12.56 | $13.55 | -12.78% |
| March, 2025 | $13.44 | $13.26 | $13.88 | -11.90% |
| April, 2025 | $13.77 | $12.99 | $13.88 | -9.70% |
| May, 2025 | $14.29 | $13.72 | $14.42 | -6.27% |
| June, 2025 | $14.40 | $14.03 | $14.42 | -5.59% |
| July, 2025 | $13.83 | $13.74 | $14.39 | -9.29% |
| August, 2025 | $13.69 | $13.51 | $13.86 | -10.23% |
| September, 2025 | $13.02 | $12.55 | $13.88 | -14.65% |
| October, 2025 | $13.72 | $12.81 | $13.85 | -10.06% |
| November, 2025 | $13.04 | $12.66 | $14.06 | -14.47% |
| December, 2025 | $13.11 | $12.48 | $13.74 | -14.01% |
Rivernorth Managed Duration Municipal Income Fund Inc Stock (RMM) Price Forecast for 2026
The predicted value for Rivernorth Managed Duration Municipal Income Fund Inc (RMM) in 2026 is set at an average of $12.08. Estimates vary from a peak of $13.84 to a trough of $10.33, indicating an -20.76% surge from the present price of $15.25.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2026 | $13.58 | $12.98 | $13.68 | -10.94% |
| February, 2026 | $13.21 | $13.03 | $13.84 | -13.38% |
| March, 2026 | $13.33 | $13.04 | $13.56 | -12.61% |
| April, 2026 | $11.43 | $11.10 | $13.39 | -25.07% |
| May, 2026 | $11.72 | $10.33 | $11.72 | -23.12% |
| June, 2026 | $12.31 | $11.57 | $12.56 | -19.26% |
| July, 2026 | $12.21 | $12.03 | $12.90 | -19.92% |
| August, 2026 | $12.79 | $12.01 | $12.90 | -16.13% |
| September, 2026 | $13.32 | $12.74 | $13.45 | -12.69% |
| October, 2026 | $13.15 | $13.02 | $13.45 | -13.78% |
| November, 2026 | $12.87 | $12.77 | $13.21 | -15.63% |
| December, 2026 | $12.56 | $12.47 | $12.90 | -17.64% |
Rivernorth Managed Duration Municipal Income Fund Inc Stock (RMM) Price Forecast for 2027
For 2027, Stockscan's Analyst expects the average price target for Rivernorth Managed Duration Municipal Income Fund Inc (RMM) is $11.19, with a high forecast of $13.04 and a low forecast of $9.337. This indicates an -26.64% decrease from the last price of $15.25.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2027 | $12.09 | $11.52 | $12.84 | -20.71% |
| February, 2027 | $12.69 | $11.89 | $12.83 | -16.76% |
| March, 2027 | $12.46 | $11.64 | $13.04 | -18.31% |
| April, 2027 | $12.10 | $11.47 | $12.72 | -20.66% |
| May, 2027 | $12.57 | $11.97 | $12.67 | -17.56% |
| June, 2027 | $12.17 | $12.03 | $12.83 | -20.22% |
| July, 2027 | $12.30 | $12.12 | $12.55 | -19.35% |
| August, 2027 | $10.43 | $10.11 | $12.34 | -31.61% |
| September, 2027 | $11.16 | $9.337 | $11.17 | -26.79% |
| October, 2027 | $11.60 | $11.01 | $11.62 | -23.96% |
| November, 2027 | $11.23 | $11.05 | $11.91 | -26.37% |
| December, 2027 | $12.23 | $11.03 | $12.30 | -19.78% |
Rivernorth Managed Duration Municipal Income Fund Inc Stock (RMM) Price Forecast for 2028
In 2028, Rivernorth Managed Duration Municipal Income Fund Inc (RMM) is projected to reach an average price of $10.59, with a high projection of $12.47 and a low estimate of $8.6975. This indicates an -30.59% fall from the last price of $15.25.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2028 | $12.34 | $12.09 | $12.47 | -19.08% |
| February, 2028 | $12.18 | $12.05 | $12.47 | -20.15% |
| March, 2028 | $11.78 | $11.70 | $12.24 | -22.74% |
| April, 2028 | $11.53 | $11.44 | $11.87 | -24.39% |
| May, 2028 | $11.10 | $10.49 | $11.81 | -27.22% |
| June, 2028 | $11.37 | $10.91 | $12.02 | -25.47% |
| July, 2028 | $11.44 | $10.62 | $11.52 | -24.98% |
| August, 2028 | $11.45 | $10.45 | $11.71 | -24.91% |
| September, 2028 | $11.82 | $10.95 | $11.82 | -22.52% |
| October, 2028 | $11.16 | $11.02 | $11.82 | -26.81% |
| November, 2028 | $10.63 | $10.63 | $11.55 | -30.28% |
| December, 2028 | $8.8075 | $8.6975 | $10.71 | -42.25% |
Rivernorth Managed Duration Municipal Income Fund Inc Stock (RMM) Price Forecast for 2029
The 2029 price forecast for Rivernorth Managed Duration Municipal Income Fund Inc Stock (RMM) is $9.9221 on average, with a high prediction of $11.50 and a low estimate of $8.3424. This represents an -34.94% decrease from the previous price of $15.25.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2029 | $10.47 | $8.3424 | $10.54 | -31.36% |
| February, 2029 | $10.56 | $10.18 | $10.92 | -30.74% |
| March, 2029 | $10.56 | $10.06 | $10.84 | -30.76% |
| April, 2029 | $11.25 | $10.05 | $11.32 | -26.20% |
| May, 2029 | $11.25 | $11.10 | $11.49 | -26.20% |
| June, 2029 | $11.06 | $11.05 | $11.50 | -27.48% |
| July, 2029 | $10.82 | $10.74 | $11.26 | -29.08% |
| August, 2029 | $10.07 | $9.875 | $10.91 | -33.94% |
| September, 2029 | $10.07 | $9.4647 | $10.78 | -33.94% |
| October, 2029 | $10.01 | $9.8845 | $10.99 | -34.37% |
| November, 2029 | $10.01 | $9.604 | $10.69 | -34.37% |
| December, 2029 | $10.44 | $9.4386 | $10.63 | -31.55% |
Rivernorth Managed Duration Municipal Income Fund Inc Stock (RMM) Price Forecast for 2030
Rivernorth Managed Duration Municipal Income Fund Inc Stock (RMM) is expected to reach an average price of $9.0804 in 2030, with a high forecast of $10.81 and a low forecast of $7.3477. This signifies an -40.46% decrease from the last price of $15.25.
| Month | Average | Low | High | Change from today's price |
|---|---|---|---|---|
| January, 2030 | $10.38 | $9.9433 | $10.81 | -31.91% |
| February, 2030 | $10.48 | $10.02 | $10.55 | -31.26% |
| March, 2030 | $9.6323 | $9.6323 | $10.49 | -36.84% |
| April, 2030 | $7.8119 | $7.7019 | $9.7122 | -48.77% |
| May, 2030 | $9.4765 | $7.3477 | $9.5464 | -37.86% |
| June, 2030 | $9.5761 | $9.1914 | $9.9361 | -37.21% |
| July, 2030 | $9.6707 | $9.0809 | $9.9507 | -36.59% |
| August, 2030 | $10.25 | $9.0656 | $10.41 | -32.78% |
| September, 2030 | $10.28 | $10.13 | $10.52 | -32.59% |
| October, 2030 | $10.12 | $10.03 | $10.53 | -33.61% |
| November, 2030 | $9.8142 | $9.6542 | $10.29 | -35.64% |
| December, 2030 | $9.0459 | $8.846 | $9.8391 | -40.68% |
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