Is RumbleOn, Inc. technically bullish or bearish?
As of February 21, 2025, the technical trend is bearish with moderate strength, driven by bearish daily moving averages and indicators like KST and Dow Theory, despite some mildly bullish signals from the MACD.
As of 21 February 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include the daily moving averages, which are bearish, and the KST and Dow Theory both indicating bearish trends on a weekly and monthly basis. Although the MACD shows mildly bullish signals on the weekly and monthly time frames, the overall bearish sentiment is reinforced by the Bollinger Bands and the OBV showing a mildly bearish trend. The stock has also significantly underperformed compared to the S&P 500 over various time frames, indicating weakness.
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