Where Will RumbleON Inc (RMBL) Stock Go Next After It Is Down 32.72% in a Week?

The market has been down on RumbleON Inc (RMBL) stock recently. RMBL gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

RumbleON Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on RMBL!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With RMBL Stock Today?

RumbleON Inc (RMBL) stock is higher by 2% while the S&P 500 has fallen -0.78% as of 9:54 AM on Friday, Mar 15. RMBL is higher by $0.10 from the previous closing price of $5.00 on volume of 108,658 shares. Over the past year the S&P 500 has risen 31.30% while RMBL has fallen -29.66%. RMBL lost -$20.93 per share in the over the last 12 months.

More About RumbleON Inc

RumbleON Inc is a US-based online retailer that allows both consumers and dealers to Buy-Sell-Trade-Finance pre-owned motorcycles in an efficient, fast, transparent, and engaging experience. Its segments include power sports, automotive, and vehicle logistics and transportation. Powersports and automotive segments consist of the distribution of pre-owned vehicles. The Powersports segment consists of the distribution of motorcycles, while the automotive segment distributes cars and trucks. The vehicle Logistics and transportation service segment offers nationwide automotive transportation services between dealerships and auctions. Click Here to get the full Stock Report for RumbleON Inc stock.