Overall RUM gets a technical rating of 0 out of 10. 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.
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
5.57
We found 2 important support areas.
- Support @6.31 from a horizontal line in the daily time frame.
- A support zone ranging from 5.63 to 5.70. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 6.72 to 6.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.07 to 7.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @8.43 from a horizontal line 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 RUM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for RUM is down. |
| ChartMill Relative Strength | 9.1 | NEGATIVE | RUM has a low relative strength, it was outperformed by 90.9% 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) | 42.02 | NEUTRAL | The RSI value for RUM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests RUM has a negative trend. |
| Stochastics (14,3) | 15.06 | OVERSOLD | The low Stochastics value suggests RUM may be oversold. |
| Average True Range in percent/ATR (20) | 5.91 | HIGH VOLATILITY | The high ATR as a percentage value for RUM suggests high volalility. |
| Average Directional Index/ADX (14) | 11.57 | NEGATIVE | The low ADX value for RUM suggests a weak or negative trend. |
6.32
-0.24 (-3.66%)
RUMBLE INC / RUM 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 42.0173. 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 support level at 6.31 and a resistance level at 6.72. Check the full technical report for our detailed analysis of RUM support and resistance levels.