Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Cumulus Media Inc. - Class A (NASDAQ:CMLS)
Bear Market Rally (-75) - CMLS is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CMLS as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CMLS?
MarketClub looks at technical strength and momentum to determine if the timing is right for CMLS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for CMLS
The long-term trend has been DOWN since Feb 1st, 2024 at 4.5200
The intermediate-term trend has been DOWN since Oct 3rd, 2024 at 1.2613
The short-term trend has been UP since Oct 14th, 2024 at 1.4100
Smart Scan Analysis for CMLS
Based on our trend formula, CMLS is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.1500 | 1.1999 | 1.1400 | 1.1900 | +0.0200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.1600 | 24313 | 2024-10-25 15:59:52 |
| Year High | 26 | Year High Date | 2018-08-01 |
| Year Low | 12.2 | Year Low Date | 2018-11-29 |
| 52wk High | 5.51 | 52wk High Date | 2023-12-28 |
| 52wk Low | 1.1299 | 52wk Low Date | 2024-10-23 |
| Year End Close | 2.67 | Average Volume | 56,573 |
| Shares Outstanding | 16,886 | Short Interest | 7,060,837 |
| % Institutional | 79.2 | Market Cap | 251M |
| Assets | 138,473,300M | Liabilities | 113,868,200M |
| P/E Ratio | 3.3086 | Beta | 2.62 |
| Volatility | 50.32 |