PUBMATIC INC-CLASS A (PUBM) Stock Technical Analysis
USA - NASDAQ:PUBM - US74467Q1031 - Common Stock
We assign a technical rating of 2 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.
Although the technical rating is bad, PUBM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 8.76. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for PUBM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
7.68
We found 3 important support areas.
- A support zone ranging from 8.32 to 8.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @8.09 from a horizontal line in the daily 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.
4 important resistance areas can be observed.
- A resistance zone ranging from 8.76 to 9.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.23 from a trend line in the weekly time frame.
- Resistance @10.64 from a trend line in the weekly time frame.
- Resistance @11.09 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 | NEUTRAL | NEUTRAL | The short term trend for PUBM is neutral. |
| ChartMill Relative Strength | 5.9 | NEGATIVE | PUBM has a low relative strength, it was outperformed by 94.1% 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) | 56.29 | NEUTRAL | The RSI value for PUBM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests PUBM has a positive trend. |
| Stochastics (14,3) | 54.95 | NEUTRAL | The Stochastics value for PUBM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.07 | MEDIUM VOLATILITY | The ATR as a percentage value for PUBM suggests some volalility. |
| Average Directional Index/ADX (14) | 15.52 | NEGATIVE | The low ADX value for PUBM suggests a weak or negative trend. |
8.75
+0.16 (+1.86%)
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 2 / 10 to PUBM.
What is the current trend direction of PUBMATIC INC-CLASS A (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 56.2946. This indicates that the stock is currently neutral.
What is the MACD signal for PUBMATIC INC-CLASS A (PUBM) stock?
The MACD indicator for PUBMATIC INC-CLASS A (PUBM) has a value of 0.0779574, indicating a bearish trend.
What is the short term momentum for PUBM stock?
The short term momentum for PUBMATIC INC-CLASS A (PUBM) is neutral.