RUMBU HOLDINGS LTD (RMB.CA) Stock Technical Analysis
TSX-V:RMB - TSX Venture Exchange - CA7813911079 - Common Stock - Currency: CAD
Overall RMB gets a technical rating of 7 out of 10. Although RMB is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although RMB has an excellent technical rating, it does not offer a high 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
0.35
We found 1 important support area.
- Support @0.35 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.56 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 | 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 | 0 | NEGATIVE | RMB.CA has a low relative strength, it was outperformed by 100% 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) | UP | POSITIVE | The current price of RMB.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 63.45 | NEUTRAL | The RSI value for RMB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests RMB.CA has a positive trend. |
| Stochastics (14,3) | 92.06 | OVERBOUGHT | The high Stochastics value suggests RMB.CA may be overbought. |
| Average True Range in percent/ATR (20) | 7.09 | HIGH VOLATILITY | The high ATR as a percentage value for RMB.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.73 | POSITIVE | The high ADX value value for RMB.CA suggests a strong trend. |
TSX-V:RMB (6/24/2025, 7:00:00 PM)
0.55
0 (0%)