RUMBLE INC (RUM) Stock Technical Analysis
NASDAQ:RUM - Nasdaq - US78137L1052 - Common Stock - Currency: USD
Overall RUM gets a technical rating of 5 out of 10. Although RUM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month RUM has a been trading in the 8.13 - 10.36 range, which is quite wide. It is currently trading near the lows of this range.
RUM is one of the better performing stocks in the Interactive Media & Services industry, it outperforms 82% of 70 stocks in the same industry.
RUM has an average volume of 2191490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that RUM is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
RUM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so RUM is lagging the market.
RUM has an average technical rating and also the quality of the setup is only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
7.10
9.47
4 important support areas can be observed.
- Support @8.53 from a horizontal line in the weekly time frame.
- Support @8.25 from a horizontal line in the daily time frame.
- A support zone ranging from 7.72 to 7.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.17 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 8.67 to 8.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.04 from a trend line in the weekly time frame.
- A resistance zone ranging from 9.37 to 9.38. 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 | NEUTRAL | NEUTRAL | The long term trend for RUM is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for RUM is neutral. |
| ChartMill Relative Strength | 91.36 | POSITIVE | RUM has a high relative strength, it outperformed 91.36% 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) | UP | MIXED | The current price of RUM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of RUM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.19 | NEUTRAL | The RSI value for RUM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests RUM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.3 | OVERSOLD | The low Stochastics value suggests RUM may be oversold. |
| Average True Range in percent/ATR (20) | 5.43 | HIGH VOLATILITY | The high ATR as a percentage value for RUM suggests high volalility. |
| Average Directional Index/ADX (14) | 13.96 | NEGATIVE | The low ADX value for RUM suggests a weak or negative 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)
8.56
-0.1 (-1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-1.15%
1 Week-4.36%
2 Weeks-6.45%
1 Month-10.08%
3 Month18.23%
6 Month-43.8%
12 Month54.23%
2 Year-4.04%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%5.43%
ATR Inc-18.67%
Range Today0.39
ADR(20)0.45
ADR(20)%5.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.36
Mansfield0.13
10 Day High9.3
10 Day Low8.13
20 Day High10.36
20 Day Low8.13
52 Week High17.4
52 Week Low4.92
CS1 End8.53
CR1 Start8.67
Volume & EV
DER(3)-1.34%
DER(5)-2.19%
Volume2.18M
Volume Incr24.19%
Vol(5)2.60M
Vol(50)2.19M