RumbleOn Inc. Class B Shares Close the Week 52.6% Higher - Weekly Wrap

The company saw its shares close the week 52.6% higher than last week, with trading volume higher than its 30 day average.

Mar 19, 2021 by Kwhen Finance Editors

RumbleOn Inc. Class B Shares Close the Week 52.6% Higher - Weekly Wrap
RumbleOn Inc. Class B shares closed this week 52.6% higher than it did at the end of last week. The stock is currently up 78.8% year-to-date, up 1225.1% over the past 12 months, and down 47.0% over the past five years. This week, the Dow Jones Industrial Average rose 1.2%, and the S&P 500 fell 0.5%.

Trading Activity

  • Shares traded as high as $64.13 and as low as $34.70 this week.
  • Trading volume this week was 32.5% lower than the 10-day average and 7.3% lower than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 1.1.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was between 30 and 70.
  • MACD, a trend-following momentum indicator, indicates an upward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Market Comparative Performance

  • The company's share price beats the S&P 500 Index this week, beats it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price beats the Dow Jones Industrial Average this week, beats it on a 1-year basis, and lags it on a 5-year basis
  • The company share price beats the performance of its peers in the Information Technology industry sector this week, beats it on a 1-year basis, and lags it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
RumbleOn Inc. Class B0.078.81225.1
Dow Jones Industrial Average-1.08.068.6-1.483.4
S&P 500 Index-0.54.766.2-2.180.9
Information Technology0.50.683.6-8.696.7

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