OPP:NYSERiverNorth/DoubleLine Strategic Opportunity Fund, Inc. analysis
Data as of Oct 13, 2026 - not real-time
- Latest price
- $6.91
- Risk: medium
- 4/10Medium risk
Summary
The moving-average structure behind RiverNorth/DoubleLine Strategic Opportunity Fund, Inc. is bearish at $6.91, with short-term averages lagging the long-term ones. The last 30 days have lost 7.5%. Momentum indicators put RSI at 31.9 (approaching oversold) with MACD reading bullish. The recent range runs from support at $6.82 up to resistance at $7.34.
The composite risk read is 4/10, putting it in moderate territory. With 30-day volatility of 10.5%, a beta of 0.32 and a maximum drawdown of 18.0%, position sizing matters here. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 94 on the fear-greed composite.
Timeframes disagree: the short-term read is sell while the long-term read is hold, conviction 3 out of 10.
The composite risk read is 4/10, putting it in moderate territory. With 30-day volatility of 10.5%, a beta of 0.32 and a maximum drawdown of 18.0%, position sizing matters here. Thin trading volumes mean execution costs can be material on larger orders. The wider market backdrop reads extreme greed at 94 on the fear-greed composite.
Timeframes disagree: the short-term read is sell while the long-term read is hold, conviction 3 out of 10.
Top market events
- Latest Rivernorth/Doubleline Strategic Opportunity Fund Inc OPP PRC:ASQ share price with interactive charts, historical...
- Nasdaq19dRiverNorth/DoubleLine Strategic Opportunity Fund, Inc.
- WEST PALM BEACH, Fla., September 25, 2026--RiverNorth Opportunities Fund, Inc. the "Fund" NYSE: RIV today announced the...
Market outlook
Short term
< 1 yearCautious
Model confidence5/105 out of 10
Key factors
- Short-term moving averages stacked below long-term ones
- Trading below the 200-day average of 7.63
- MACD momentum is positive
Medium term
1–3 yearsNeutral
Model confidence4/104 out of 10
Key factors
- Short-term moving averages stacked below long-term ones
- Trading below the 200-day average of 7.63
- MACD momentum is positive
Long term
> 3 yearsNeutral
Model confidence3/103 out of 10
Key factors
- Thin trading liquidity raises execution risk
- Short-term moving averages stacked below long-term ones
- 30-day volatility of 10.5%
Key metrics
Closed-end fund metrics
Market Price6.9101
Discount/Premium0.00%
Discount TrendStable
Technical analysis
TrendBearish
RSI31.9
Support$6.82
Resistance$7.34
MA 20$6.97
MA 50$7.29
MA 200$7.63
MACDBullish
VolumeStable
Fear & Greed Index93.79
Risk assessment
Beta0.32
Volatility10.55%
Sector RiskMedium
Currency RiskLow
Liquidity RiskHigh
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.