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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Cambium Networks Corporation - Ordinary Shares (NASDAQ:CMBM)
Long-Term Downtrend (-90) - CMBM is in a strong downtrend that is likely to continue. While CMBM is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CMBM?
MarketClub looks at technical strength and momentum to determine if the timing is right for CMBM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CMBM
The long-term trend has been DOWN since Mar 13th, 2023 at 18.6050
The intermediate-term trend has been DOWN since May 21st, 2024 at 3.3800
The short-term trend has been DOWN since Jul 24th, 2024 at 1.9531
Smart Scan Analysis for CMBM
Based on our trend formula, CMBM is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.00 | 2.08 | 1.99 | 2.05 | +0.07 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.98 | 43605 | 2024-07-26 15:59:51 |
| 52wk High | 16.56 | 52wk High Date | 2023-08-01 |
| 52wk Low | 1.76 | 52wk Low Date | 2024-07-09 |
| Average Volume | 222,029 | Shares Outstanding | 27,896 |
| Market Cap | 256M | Assets | 223,557,000M |
| Liabilities | 166,767,000M | P/E Ratio | 5.6933 |