Company Overview: 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). This Report covers the Price Action, Technical Indicators Analysis along with the Target Levels, Stop Loss, Support Levels, Resistance Levels, and Recommendation on stock.

US Markets Round-Up

This week, the Russell 3000 index, an important benchmark of the US stock market across market capitalizations, started positively and continued in a positive direction throughout the week. The index made high of 3496.33 during the week and settled at 3496.04 with a week-to-date (WTD) gain of ~1.292 percent on Feb 13, 2025. Other major indices, such as S&P 500 and NASDAQ Composite witnessed upside movement for the week. On Feb 13, 2025, the S&P 500 index settled at ~6115.08 with a WTD gain of ~1.48 percent, while the NASDAQ Composite Index settled at 14915.484 with a WTD gain of ~2.16 percent.  

Having understood the US market performance over the week, taking cues from major global news, and based on technical analysis of the Russell 3000 index for the upcoming week, now let’s have a look at the one NASDAQ-listed stock to pick from the technical standpoint. Noted below recommendation is based on the entry price, target prices, and stop-loss for Rumble Inc. (NASDAQ: RUM) for the next 2-4 weeks duration: 

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