RUMBLEON INC-B (RMBL) Technical Analysis
NASDAQ:RMBL • US7813863054
Current stock price
RMBL Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to RMBL. In the past year, RMBL was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- RMBL 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 RMBL is lagging the market.
- RMBL is part of the Specialty Retail industry. There are 124 other stocks in this industry. RMBL outperforms 72% of them.
- In the last month RMBL has a been trading in the 1.92 - 3.50 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When compared to the yearly performance of all other stocks, RMBL outperforms 68% of them, which is more or less in line with the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
RMBL Weekly and Daily overview Charts
RMBL Setup Rating and Analysis
RMBL has an average technical rating and it also does not offer a high quality setup 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
RMBL Support and Resistance Analysis
1.96
We found 1 important support area.
- Support @1.98 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @5.58 from a trend line in the weekly time frame.
- Resistance @5.84 from a trend line in the weekly time frame.
RMBL Technical Indicator Signal Analysis
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 RMBL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RMBL is neutral. |
| ChartMill Relative Strength | 68.08 | NEUTRAL | RMBL is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of RMBL is above the rising 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) | 72.08 | OVERBOUGHT | The high RSI value suggests RMBL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests RMBL has a positive trend. |
| Stochastics (14,3) | 35.06 | NEUTRAL | The Stochastics value for RMBL is a neutral value. |
| Average True Range in percent/ATR (20) | 7.92 | HIGH VOLATILITY | The high ATR as a percentage value for RMBL suggests high volalility. |
| Average Directional Index/ADX (14) | 26.02 | POSITIVE | The high ADX value value for RMBL suggests a strong trend. |
RMBL Chart- and CandleStick Pattern Analysis
RMBL Technicals: Chart, Performance Metrics, Trend & Indicators
3.21
+1.21 (+60.5%)
RUMBLEON INC-B / RMBL TA FAQ
Can you provide the ChartMill technical rating for RUMBLEON INC-B?
ChartMill assigns a technical rating of 4 / 10 to RMBL.
What is the current trend direction of RUMBLEON INC-B (RMBL) stock?
The current trend direction for RUMBLEON INC-B (RMBL) is Bearish.
What is the RSI signal for RMBL stock?
RUMBLEON INC-B (RMBL) has an RSI value of 72.0815. This indicates that the stock is currently overbought.
What is the short term momentum for RUMBLEON INC-B (RMBL) stock?
The short term momentum for RUMBLEON INC-B (RMBL) is neutral.