RY 160.56 -0.1493% SHOP 117.49 0.1022% TD 83.8 0.2872% ENB 62.22 0.7122% BN 68.21 -0.9008% TRI 254.25 0.197% CNQ 39.38 3.062% CP 101.78 -1.1173% CNR 136.4 -0.8144% BMO 128.57 -0.6721% BNS 65.55 0.0305% CSU 4671.2002 0.149% CM 81.67 0.2086% MFC 39.79 -1.7288% ATD 69.75 0.2011% NGT 77.82 2.1528% TRP 68.1 0.3981% SU 47.09 1.2688% WCN 275.42 0.6431% L 211.26 0.3039%
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Rumble Inc. (NASDAQ: RUM)
Rumble Inc. (NASDAQ: RUM) is a video sharing platform and cloud services provider. The Company comprises two segments: Rumble Services and Rumble Cloud. Rumble Services consists of three core businesses: Rumble Video, Rumble Studio, and Rumble Advertising Center (RAC).
Technical Observation (on the daily chart):
RUM's current stock price is trading within a specific range, which could result in a sideways trend in the short term. The 21-period and 50-period simple moving averages are positioned above the price, potentially serving as immediate resistance and limiting upward movement. Additionally, the 14-day Relative Strength Index (RSI) is below the neutral level, suggesting weak momentum. Key support and resistance levels will be critical supply and demand zones in the days ahead.
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