RUMBLEON INC-B (RMBL) Stock Technical Analysis
NASDAQ:RMBL - Nasdaq - US7813863054 - Common Stock - Currency: USD
Taking everything into account, RMBL scores 3 out of 10 in our technical rating. In the past year, RMBL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, RMBL is a bad performer in the overall market: 92% of all stocks are doing better.
RMBL is one of the lesser performing stocks in the Specialty Retail industry. 78% of 121 stocks in the same industry do better.
RMBL 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 RMBL has a been trading in the 1.89 - 2.83 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Considerably lower volume is observed in the last couple of days.
RMBL has a poor technical rating and the quality of the setup is also not perfect 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
2.54
2.75
When analyzing the support we notice one important area.
- A support zone ranging from 2.57 to 2.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.68 to 2.72. This zone is formed by a combination of multiple trend lines 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 RMBL is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for RMBL is up. |
| ChartMill Relative Strength | 8.48 | NEGATIVE | RMBL has a low relative strength, it was outperformed by 91.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of RMBL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of RMBL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RMBL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62 | NEUTRAL | The RSI value for RMBL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests RMBL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.26 | NEUTRAL | The Stochastics value for RMBL is a neutral value. |
| Average True Range in percent/ATR (20) | 7.51 | HIGH VOLATILITY | The high ATR as a percentage value for RMBL suggests high volalility. |
| Average Directional Index/ADX (14) | 36.65 | POSITIVE | The high ADX value value for RMBL 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)
2.61
+0.03 (+1.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustrySpecialty Retail
Performance
% Chg1.16%
1 Week4.4%
2 Weeks14.98%
1 Month21.4%
3 Month-4.04%
6 Month-44.82%
12 Month-39.37%
2 Year-74.59%
3 Year-84.37%
5 Year-88%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%7.51%
ATR Inc-6.74%
Range Today0.13
ADR(20)0.19
ADR(20)%7.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.48
Mansfield-3.9
10 Day High2.83
10 Day Low2.12
20 Day High2.83
20 Day Low1.89
52 Week High7.06
52 Week Low1.46
CS1 End2.6
CR1 Start2.68
Volume & EV
DER(3)23.68%
DER(5)13.86%
Volume30.20K
Volume Incr-57.1%
Vol(5)94.88K
Vol(50)170.83K