Rumble Inc Stock Technical Analysis

RUM Stock  USD 5.21  0.18  3.34%   
As of the 21st of September, Rumble holds the Risk Adjusted Performance of 0.0056, variance of 18.53, and Coefficient Of Variation of (31,966). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Rumble, as well as the relationship between them. Please check Rumble Inc information ratio and kurtosis to decide if Rumble Inc is priced some-what accurately, providing market reflects its current price of 5.21 per share. Given that Rumble has information ratio of (0.03), we recommend you to check out Rumble Inc's recent market performance to make sure the company can sustain itself at a future point.

Rumble Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Rumble, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Rumble
  
Rumble's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Rumble Analyst Consensus

Target PriceAdvice# of Analysts
10.0Hold2Odds
Rumble Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Rumble analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Rumble stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Rumble Inc, talking to its executives and customers, or listening to Rumble conference calls.
Rumble Analyst Advice Details
Rumble technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Rumble technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rumble trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Rumble Inc Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Rumble Inc volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Rumble Inc Trend Analysis

Use this graph to draw trend lines for Rumble Inc. You can use it to identify possible trend reversals for Rumble as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Rumble price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Rumble Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Rumble Inc applied against its price change over selected period. The best fit line has a slop of   0.01  , which may imply that the returns on investment in Rumble Inc will continue to fail. It has 122 observation points and a regression sum of squares at 5.15, which is the sum of squared deviations for the predicted Rumble price change compared to its average price change.

About Rumble Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Rumble Inc on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Rumble Inc based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Rumble Inc price pattern first instead of the macroeconomic environment surrounding Rumble Inc. By analyzing Rumble's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Rumble's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Rumble specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Net Debt To EBITDA11.036.291.741.66
Intangibles To Total Assets0.07080.01060.110.12

Rumble September 21, 2024 Technical Indicators

Most technical analysis of Rumble help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Rumble from various momentum indicators to cycle indicators. When you analyze Rumble charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Rumble September 21, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Rumble stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Additional Information and Resources on Investing in Rumble Stock

When determining whether Rumble Inc is a strong investment it is important to analyze Rumble's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Rumble's future performance. For an informed investment choice regarding Rumble Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rumble Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rumble. If investors know Rumble will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rumble listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.64)
Revenue Per Share
0.388
Quarterly Revenue Growth
(0.10)
Return On Assets
(0.31)
Return On Equity
(0.52)
The market value of Rumble Inc is measured differently than its book value, which is the value of Rumble that is recorded on the company's balance sheet. Investors also form their own opinion of Rumble's value that differs from its market value or its book value, called intrinsic value, which is Rumble's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rumble's market value can be influenced by many factors that don't directly affect Rumble's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rumble's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rumble is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rumble's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.