TSX-V:RUM - TSX Venture Exchange - CA77472P2008 - Common Stock - Currency: CAD
We assign a technical rating of 1 out of 10 to RUM. RUM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, RUM does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.10. Right above this resistance zone may be a good entry point.
0.09
When analyzing the resistance we notice 3 important areas.
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 RUM.CA is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RUM.CA is neutral. |
ChartMill Relative Strength | 42.57 | NEUTRAL | RUM.CA is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RUM.CA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RUM.CA is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RUM.CA is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 47.42 | NEUTRAL | The RSI value for RUM.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests RUM.CA has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 61.9 | NEUTRAL | The Stochastics value for RUM.CA is a neutral value. |
Average True Range in percent/ATR (20) | 12.64 | HIGH VOLATILITY | The high ATR as a percentage value for RUM.CA suggests high volalility. |
Average Directional Index/ADX (14) | 18.01 | NEGATIVE | The low ADX value for RUM.CA suggests a weak or negative trend. |
TSX-V:RUM (7/21/2025, 7:00:00 PM)
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