RUMBU HOLDINGS LTD (RMB.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:RMB - CA7813911079 - Common Stock
We assign a technical rating of 9 out of 10 to RMB. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RMB is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that RMB is one of the better performing stocks in the market, outperforming 90% of all stocks. We also observe that the gains produced by RMB over the past year are nicely spread over this period.
- RMB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so RMB is lagging the market slightly.
- In the last month RMB has a been trading in the 0.74 - 1.11 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although RMB has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
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When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.89 to 0.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.85 from a trend line in the weekly time frame.
- Support @0.79 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.11 to 1.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for RMB.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RMB.CA is up. |
| ChartMill Relative Strength | 90.27 | POSITIVE | RMB.CA has a high relative strength, it outperformed 90.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RMB.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RMB.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RMB.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.44 | NEUTRAL | The RSI value for RMB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests RMB.CA has a positive trend. |
| Stochastics (14,3) | 93.37 | OVERBOUGHT | The high Stochastics value suggests RMB.CA may be overbought. |
| Average True Range in percent/ATR (20) | 7.59 | HIGH VOLATILITY | The high ATR as a percentage value for RMB.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.44 | NEUTRAL | The ADX value for RMB.CA suggests a possible start of a new trend. |
TSX-V:RMB (1/26/2026, 7:00:00 PM)
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RUMBU HOLDINGS LTD / RMB.CA FAQ
What is the technical rating for RMB stock?
ChartMill assigns a technical rating of 9 / 10 to RMB.CA.
What is the trend direction for RMB stock?
The current trend direction for RUMBU HOLDINGS LTD (RMB.CA) is Bullish.
What is the RSI signal for RUMBU HOLDINGS LTD (RMB.CA) stock?
RUMBU HOLDINGS LTD (RMB.CA) has an RSI value of 63.4409. This indicates that the stock is currently neutral.
What is the buy/sell signal for RUMBU HOLDINGS LTD (RMB.CA) stock?
The buy/sell signal for RUMBU HOLDINGS LTD (RMB.CA) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for RUMBU HOLDINGS LTD?
RUMBU HOLDINGS LTD (RMB.CA) has a support level at 0.89 and a resistance level at 1.11. Check the full technical report for our detailed analysis of RMB.CA support and resistance levels.