PUBMATIC INC-CLASS A (PUBM) Stock Technical Analysis
NASDAQ:PUBM - US74467Q1031 - Common Stock
8.5 USD
+0.07 (+0.83%)
8.49 USD
-0.01 (-0.12%)
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: 94% of all stocks are doing better.
PUBM is one of the lesser performing stocks in the Media industry. 70% of 99 stocks in the same industry do better.
PUBM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month PUBM has a been trading in the 7.01 - 9.09 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
Although the technical rating is bad, PUBM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 8.48, a Stop Loss order could be placed below this zone.
More info and screens
7.68
12.35
We found 3 important support areas.
- A support zone ranging from 8.44 to 8.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 8.24 to 8.25. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 7.76 to 7.77. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- Resistance @9.08 from a horizontal line in the daily time frame.
- Resistance @11.34 from a trend line in the weekly time frame.
- Resistance @12.23 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 | 6.59 | NEGATIVE | PUBM has a low relative strength, it was outperformed by 93.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of PUBM is above 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) | 38.99 | NEUTRAL | The RSI value for PUBM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests PUBM has a positive trend. |
| Stochastics (14,3) | 49.1 | NEUTRAL | The Stochastics value for PUBM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.92 | HIGH VOLATILITY | The high ATR as a percentage value for PUBM suggests high volalility. |
| Average Directional Index/ADX (14) | 39.1 | POSITIVE | The high ADX value value for PUBM 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)
8.5
+0.07 (+0.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg0.83%
1 Week-0.23%
2 Weeks0%
1 Month-19.58%
3 Month-20.63%
6 Month-10.34%
12 Month-41.7%
2 Year-29.75%
3 Year-48.89%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%5.92%
ATR Inc-44.3%
Range Today0.21
ADR(20)0.4
ADR(20)%4.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.59
Mansfield-3.83
10 Day High8.84
10 Day Low8.16
20 Day High9.09
20 Day Low7.01
52 Week High17.74
52 Week Low7.01
CS1 End8.48
CR1 Start9.08
Volume & EV
DER(3)1.9%
DER(5)0.9%
Volume363.20K
Volume Incr-63.33%
Vol(5)337.90K
Vol(50)658.65K