RUMBLE INC (RUM) Stock Technical Analysis
NASDAQ:RUM - Nasdaq - US78137L1052 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to RUM. Both in the recent history as in the last year, RUM has proven to be a steady performer, scoring decent points in every aspect analyzed.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Both the short term and long term trends are positive. This is a very positive sign.
RUM is one of the better performing stocks in the Interactive Media & Services industry, it outperforms 94% of 71 stocks in the same industry.
In the last month RUM has a been trading in the 10.06 - 14.27 range, which is quite wide. It is currently trading near the high of this range.
RUM has an average volume of 7552480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, RUM did better than 96% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
RUM has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 12.37, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RUM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
9.18
13.76
When analyzing the support we can see 2 important areas.
- A support zone ranging from 12.11 to 12.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.27 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.62 to 13.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.54
Mansfield6.66
10 Day High14.19
10 Day Low11.52
20 Day High14.27
20 Day Low10.06
52 Week High17.4
52 Week Low4.92
Performance
1 Week7.62%
2 Weeks4.12%
1 Month-4.65%
3 Month114.89%
6 Month124.44%
12 Month66.41%
2 Year62.9%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.11
RSI(14)58.06
LBB11.82
UBB13.47
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 13.63 | 12.10 | 1.53 (11.23%) | 8.91% |
| An entry @13.63. This is a Buy Stop order right above the resistance zone. | An exit @12.10. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.53 points, which is 11.23%. | When investing 8.91% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of RUM. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
RUMBLE INC
NASDAQ:RUM (2/5/2025, 8:25:19 PM)
After market: 13.29 +0.16 (+1.22%)13.13
+0.32 (+2.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg2.5%
1 Week7.62%
2 Weeks4.12%
1 Month-4.65%
3 Month114.89%
6 Month124.44%
12 Month66.41%
2 Year62.9%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.13
ATR(20)%8.62%
ATR Inc-19.33%
Range Today0.76
ADR(20)1.07
ADR(20)%8.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.54
Mansfield6.66
10 Day High14.19
10 Day Low11.52
20 Day High14.27
20 Day Low10.06
52 Week High17.4
52 Week Low4.92
CS1 End12.37
CR1 Start13.62
Volume & EV
DER(3)3.43%
DER(5)2.21%
Volume2.77M
Volume Incr-45.69%
Vol(5)2.76M
Vol(50)7.55M