RUMBLE INC (RUM) Technical Analysis
NASDAQ:RUM • US78137L1052
Current stock price
RUM Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to RUM. RUM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, RUM is a bad performer in the overall market: 89% of all stocks are doing better.
- RUM is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so RUM is lagging the market.
- In the last month RUM has a been trading in the 4.65 - 5.67 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- RUM has an average volume of 2004840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- RUM is part of the Interactive Media & Services industry. There are 69 other stocks in this industry, RUM did better than 41% of them.
RUM Weekly and Daily overview Charts
RUM Setup Rating and Analysis
The technical rating of RUM is bad and it also does not present a 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
RUM Support and Resistance Analysis
4.66
2 important resistance areas can be observed.
- A resistance zone ranging from 5.29 to 5.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.60 to 5.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
RUM 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 | DOWN | NEGATIVE | The long term trend for RUM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RUM is down. |
| ChartMill Relative Strength | 11.63 | NEGATIVE | RUM has a low relative strength, it was outperformed by 88.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of RUM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of RUM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of RUM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.17 | NEUTRAL | The RSI value for RUM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests RUM has a negative trend. |
| Stochastics (14,3) | 27.09 | NEUTRAL | The Stochastics value for RUM is a neutral value. |
| Average True Range in percent/ATR (20) | 6.47 | HIGH VOLATILITY | The high ATR as a percentage value for RUM suggests high volalility. |
| Average Directional Index/ADX (14) | 30.94 | POSITIVE | The high ADX value value for RUM suggests a strong trend. |
RUM Chart- and CandleStick Pattern Analysis
RUM Technicals: Chart, Performance Metrics, Trend & Indicators
4.71
-0.28 (-5.61%)
RUMBLE INC / RUM TA FAQ
What is the technical rating for RUM stock?
ChartMill assigns a technical rating of 0 / 10 to RUM.
What is the current trend direction of RUMBLE INC (RUM) stock?
The current trend direction for RUMBLE INC (RUM) is Bearish.
Can you provide the RSI signal for RUMBLE INC?
RUMBLE INC (RUM) has an RSI value of 33.1662. This indicates that the stock is currently neutral.
What is the short term momentum for RUMBLE INC (RUM) stock?
The short term momentum for RUMBLE INC (RUM) is negative.
What is the support and resistance level for RUM stock?
RUMBLE INC (RUM) has a resistance level at 5.29. Check the full technical report for our detailed analysis of RUM support and resistance levels.