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Stock Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

Cumulus Media Inc. - Class A (NASDAQ:CMLS)

Bull Market Weakness (+75) - CMLS is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CMLS as it may be in the beginning stages 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.

Open High Low CMLS Price Change
4.95 5.09 4.91 5.03 +0.03
Entry Signal

MarketClub’s Trade Triangles for CMLS

long term up The long-term trend has been UP since Jul 7th, 2023 at 4.29

intermediate term down The intermediate-term trend has been DOWN since Oct 27th, 2023 at 4.83

short term up The short-term trend has been UP since Dec 8th, 2023 at 5.00

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).

Smart Scan Analysis for CMLS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.95 5.09 4.91 5.03 +0.03
Prev. Close Volume Bid Ask Time
5.08 49382 2023-12-08 15:58:58
Year High26Year High Date2018-08-01
Year Low12.2Year Low Date2018-11-29
52wk High7.452wk High Date2022-12-13
52wk Low2.5752wk Low Date2023-05-09
Year End Close2.67Average Volume32,420
Shares Outstanding16,508Short Interest7,060,837
% Institutional79.2Market Cap251M
P/E Ratio3.3086Beta2.62
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