Stock Trend Analysis Report
Prepared for you on Sunday, October 1, 2023.
Cambium Networks Corporation - Ordinary Shares (NASDAQ:CMBM)
Bear Market Rally (-75) - CMBM is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CMBM as it may be in the beginning of a reversal.
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.
MarketClub’s Trade Triangles for CMBM
The long-term trend has been DOWN since Mar 13th, 2023 at 18.605
The intermediate-term trend has been DOWN since Aug 2nd, 2023 at 14.760
The short-term trend has been UP since Sep 27th, 2023 at 7.200
Smart Scan Analysis for CMBM
Based on our trend formula, CMBM is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||24.19||52wk High Date||2022-11-04|
|52wk Low||6.93||52wk Low Date||2023-09-21|
|Average Volume||210,023||Shares Outstanding||27,606|