We assign a technical rating of 3 out of 10 to PUBM. Recently some decent action could be observed, but in the medium term time frame this is still negative. PUBM was also a bad performer in the overall market in the last year.
Although the technical rating is bad, PUBM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 9.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 9.04, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
8.76
When analyzing the support we notice one important area.
- A support zone ranging from 8.85 to 9.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 9.34 to 9.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.29 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 PUBM is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for PUBM is up. |
| ChartMill Relative Strength | 16.53 | NEGATIVE | PUBM has a low relative strength, it was outperformed by 83.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of PUBM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of PUBM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of PUBM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.59 | NEUTRAL | The RSI value for PUBM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests PUBM has a negative trend. |
| Stochastics (14,3) | 76.18 | NEUTRAL | The Stochastics value for PUBM is a neutral value. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for PUBM suggests some volalility. |
| Average Directional Index/ADX (14) | 23.36 | NEUTRAL | The ADX value for PUBM suggests a possible start of a new trend. |
9.05
-0.28 (-3%)
PUBMATIC INC-CLASS A / PUBM FAQ
What is the ChartMill technical rating of PUBMATIC INC-CLASS A (PUBM) stock?
ChartMill assigns a technical rating of 3 / 10 to PUBM.
What is the current trend direction of PUBMATIC INC-CLASS A (PUBM) stock?
The current trend direction for PUBMATIC INC-CLASS A (PUBM) is Bearish.
Can you provide the RSI signal for PUBMATIC INC-CLASS A?
PUBMATIC INC-CLASS A (PUBM) has an RSI value of 51.5865. This indicates that the stock is currently neutral.
What is the MACD signal for PUBMATIC INC-CLASS A (PUBM) stock?
The MACD indicator for PUBMATIC INC-CLASS A (PUBM) has a value of -0.0058708, indicating a bearish trend.
What is the short term momentum for PUBM stock?
The short term momentum for PUBMATIC INC-CLASS A (PUBM) is positive.