6.76 USD
-0.01 (-0.15%)
6.74 USD
-0.02 (-0.3%)
Taking everything into account, RUM scores 1 out of 10 in our technical rating. 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.
70% of all other stocks performed better in the past year than RUM.
RUM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month RUM has a been trading in the 5.11 - 6.95 range, which is quite wide. It is currently trading near the high of this range.
RUM has an average volume of 3996600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
RUM is part of the Interactive Media & Services industry. There are 70 other stocks in this industry, RUM did better than 60% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of RUM is bad and it also does not present a 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
6.69
9.11
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 6.77 to 6.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.23 from a trend line in the weekly time frame.
- Resistance @7.47 from a trend line in the daily time frame.
- Resistance @7.71 from a trend line in the weekly time frame.
- Resistance @8.43 from a horizontal line in the daily time frame.
- Resistance @9.02 from a trend 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 | UP | POSITIVE | The short term trend for RUM is up. |
| ChartMill Relative Strength | 30.42 | NEUTRAL | RUM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of RUM is above 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) | 55.88 | NEUTRAL | The RSI value for RUM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests RUM has a positive trend. |
| Stochastics (14,3) | 88.96 | OVERBOUGHT | The high Stochastics value suggests RUM may be overbought. |
| Average True Range in percent/ATR (20) | 6.2 | HIGH VOLATILITY | The high ATR as a percentage value for RUM suggests high volalility. |
| Average Directional Index/ADX (14) | 22.32 | NEUTRAL | The ADX value for RUM suggests a possible start of a new 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)
6.76
-0.01 (-0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-0.15%
1 Week24.26%
2 Weeks11.18%
1 Month-0.73%
3 Month-7.27%
6 Month-24.97%
12 Month-4.79%
2 Year52.6%
3 Year-28.99%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.45
ATR(20)%6.2%
ATR Inc-46.3%
Range Today0.22
ADR(20)0.38
ADR(20)%5.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.42
3 months CRS24.83
6 months CRS11
Mansfield-3.13
10 Day High6.95
10 Day Low5.11
20 Day High6.95
20 Day Low5.11
52 Week High17.4
52 Week Low5.11
CS1 EndN/A
CR1 Start6.77
Volume & EV
DER(3)3.15%
DER(5)2.17%
Volume3.54M
Volume Incr32.63%
Vol(5)4.78M
Vol(50)4.00M
RUMBLE INC / RUM FAQ
What is the technical rating for RUM stock?
ChartMill assigns a technical rating of 1 / 10 to RUM.
Can you provide the trend direction for RUMBLE INC?
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 55.8842. This indicates that the stock is currently neutral.
Can you provide the MACD signal for RUMBLE INC?
The MACD indicator for RUMBLE INC (RUM) has a value of 0.161041, indicating a bearish trend.
What is the short term momentum for RUM stock?
The short term momentum for RUMBLE INC (RUM) is positive.