PUBMATIC INC-CLASS A (PUBM) Stock Technical Analysis
NASDAQ:PUBM - Nasdaq - US74467Q1031 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to PUBM. Recently some decent action could be observed, but in the medium term time frame this is still negative. PUBM was also a bad performer in the overall market in the last year.
77% of all other stocks performed better in the past year than PUBM.
PUBM 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 PUBM is lagging the market.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
PUBM is part of the Media industry. There are 98 other stocks in this industry, PUBM did better than 48% of them.
In the last month PUBM has a been trading in the 10.98 - 12.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
PUBM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 12.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.28, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
11.05
17.11
When analyzing the support we notice one important area.
- A support zone ranging from 11.16 to 11.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 12.07 to 12.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.81 from a trend line in the weekly time frame.
- Resistance @16.94 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 | NEUTRAL | NEUTRAL | The long term trend for PUBM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PUBM is up. |
| ChartMill Relative Strength | 23.85 | NEGATIVE | PUBM has a low relative strength, it was outperformed by 76.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of PUBM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PUBM is above the rising 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) | 64.51 | 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. |
| Stochastics (14,3) | 71.97 | NEUTRAL | The Stochastics value for PUBM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.06 | MEDIUM VOLATILITY | The ATR as a percentage value for PUBM suggests some volalility. |
| Average Directional Index/ADX (14) | 34.87 | 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)
12.06
+0.1 (+0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg0.84%
1 Week3.08%
2 Weeks5.51%
1 Month9.64%
3 Month23.44%
6 Month-28.26%
12 Month-42.9%
2 Year-34.03%
3 Year-24.1%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%4.06%
ATR Inc28.81%
Range Today0.57
ADR(20)0.47
ADR(20)%3.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.85
Mansfield-2.1
10 Day High12.43
10 Day Low11.13
20 Day High12.43
20 Day Low10.98
52 Week High22.99
52 Week Low7.46
CS1 End11.28
CR1 Start12.07
Volume & EV
DER(3)-3.35%
DER(5)-1.93%
Volume571.00K
Volume Incr-7.36%
Vol(5)623.52K
Vol(50)619.55K