BUMBLE INC-A (BMBL) Stock Technical Analysis
NASDAQ:BMBL - Nasdaq - US12047B1052 - Common Stock - Currency: USD
Taking everything into account, BMBL scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. BMBL was also a bad performer in the overall market in the last year.
80% of all other stocks performed better in the past year than BMBL.
BMBL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so BMBL is lagging the market.
BMBL is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
BMBL has an average volume of 3333930 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
BMBL is an average performer in the Interactive Media & Services industry, it outperforms 48% of 71 stocks in the same industry.
BMBL has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
4.78
8.94
When analyzing the support we can see 2 important areas.
- Support @5.64 from a horizontal line in the daily time frame.
- Support @4.83 from a trend line in the daily time frame.
We can see 6 important resistance areas.
- Resistance @5.85 from a horizontal line in the weekly time frame.
- Resistance @6.00 from a horizontal line in the daily time frame.
- Resistance @6.82 from a trend line in the weekly time frame.
- Resistance @7.92 from a trend line in the daily time frame.
- Resistance @8.19 from a trend line in the weekly time frame.
- Resistance @8.85 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for BMBL is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for BMBL is up. |
| ChartMill Relative Strength | 20.99 | NEGATIVE | BMBL has a low relative strength, it was outperformed by 79.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of BMBL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of BMBL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of BMBL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.52 | NEUTRAL | The RSI value for BMBL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests BMBL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.24 | OVERBOUGHT | The high Stochastics value suggests BMBL may be overbought. |
| Average True Range in percent/ATR (20) | 4.84 | MEDIUM VOLATILITY | The ATR as a percentage value for BMBL suggests some volalility. |
| Average Directional Index/ADX (14) | 36.91 | POSITIVE | The high ADX value value for BMBL suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
5.84
+0.15 (+2.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg2.64%
1 Week0.52%
2 Weeks5.04%
1 Month31.53%
3 Month12.09%
6 Month-28.61%
12 Month-49.08%
2 Year-61.83%
3 Year-79.51%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%4.84%
ATR Inc-19.63%
Range Today0.29
ADR(20)0.26
ADR(20)%4.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.99
Mansfield-2.1
10 Day High6.03
10 Day Low5.46
20 Day High6.03
20 Day Low4.14
52 Week High12.03
52 Week Low3.55
CS1 End5.64
CR1 Start5.85
Volume & EV
DER(3)-2.03%
DER(5)0.07%
Volume2.04M
Volume Incr-32.44%
Vol(5)2.44M
Vol(50)3.33M