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OPP Stock RiverNorth/DoubleLine Strategic Opportunity Fund (OPP, $8.45) Aroon Indicator entered an Uptrend on June 12, 2025.

A.I.dvisor
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OPP - RiverNorth/DoubleLine Strategic Opportunity Fund
Aroon signal
Bullish Trend
Odds of UP Trend
Tickeron
Aroon signal
Price: $8.45
Daily change: +$0.01 (+0.12%)
Daily volume: 95.7K
Net Assets: $213.1M
Over the last three days, A.I.dvisor has detected that OPP's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. A.I.dvisor backtested this indicator and found 347 similar cases, of which were successful. Based on this data, the odds of success are

OPP in upward trend: 10-day moving average crossed above 50-day moving average on May 12, 2025

The 10-day moving average for OPP crossed bullishly above the 50-day moving average on May 12, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 12 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where OPP advanced for three days, in of 322 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 347 cases where OPP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 68 cases where OPP's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on June 13, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on OPP as a result. In of 67 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for OPP turned negative on June 05, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 56 similar instances when the indicator turned negative. In of the 56 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where OPP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

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Tactical Allocation
Address
325 N. LASALLE STREET, SUITE 645CHICAGO
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Web
http://www.rivernorth.com/closed-end-funds/opp