RMMZ RiverNorth Managed Duration Municipal Income Fund II Forecast, Technical & Fundamental Analysis

RMMZ in upward trend: price may ascend as a result of having broken its lower Bollinger Band on December 26, 2025

RMMZ may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 24 cases where RMMZ's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on January 09, 2026. You may want to consider a long position or call options on RMMZ as a result. In of 73 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for RMMZ just turned positive on January 09, 2026. Looking at past instances where RMMZ's MACD turned positive, the stock continued to rise in of 36 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where RMMZ advanced for three days, in of 207 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

RMMZ moved below its 50-day moving average on December 19, 2025 date and that indicates a change from an upward trend to a downward trend.

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