PUBMATIC INC-CLASS A (PUBM) Stock Technical Analysis
NASDAQ:PUBM • US74467Q1031
Overall PUBM gets a technical rating of 0 out of 10. PUBM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, PUBM is a bad performer in the overall market: 93% of all stocks are doing better.
- PUBM is part of the Media industry. There are 93 other stocks in this industry, of which 65% are performing better than PUBM.
- PUBM is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- PUBM is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The technical rating of PUBM is bad and it also does not present a quality setup 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
6.21
We found 1 important support area.
- Support @6.27 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 6.55 to 6.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.12 to 8.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.98 from a trend 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 PUBM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for PUBM is down. |
| ChartMill Relative Strength | 7.14 | NEGATIVE | PUBM has a low relative strength, it was outperformed by 92.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PUBM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of PUBM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PUBM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.11 | NEUTRAL | The RSI value for PUBM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PUBM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.33 | OVERSOLD | The low Stochastics value suggests PUBM may be oversold. |
| Average True Range in percent/ATR (20) | 4.78 | MEDIUM VOLATILITY | The ATR as a percentage value for PUBM suggests some volalility. |
| Average Directional Index/ADX (14) | 46.38 | POSITIVE | The high ADX value value for PUBM suggests a strong trend. |
6.54
+0.14 (+2.19%)
PUBMATIC INC-CLASS A / PUBM FAQ
What is the ChartMill technical rating of PUBMATIC INC-CLASS A (PUBM) stock?
ChartMill assigns a technical rating of 0 / 10 to PUBM.
What is the trend direction for PUBM stock?
The current trend direction for PUBMATIC INC-CLASS A (PUBM) is Bearish.
Can you provide the RSI signal for PUBMATIC INC-CLASS A?
PUBMATIC INC-CLASS A (PUBM) has an RSI value of 32.1122. This indicates that the stock is currently neutral.
What is the short term momentum for PUBMATIC INC-CLASS A (PUBM) stock?
The short term momentum for PUBMATIC INC-CLASS A (PUBM) is negative.
What are the support and resistance levels for PUBMATIC INC-CLASS A (PUBM) stock?
PUBMATIC INC-CLASS A (PUBM) has a support level at 6.27 and a resistance level at 6.55. Check the full technical report for our detailed analysis of PUBM support and resistance levels.