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Stock Trend Analysis Report

Prepared for you on Sunday, March 26, 2023.

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

Long-Term Downtrend (-90) - CMLS is in a strong downtrend that is likely to continue. While CMLS 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 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
3.70 3.71 3.58 3.64 -0.11
Entry Signal

MarketClub’s Trade Triangles for CMLS

long term down The long-term trend has been DOWN since Jun 13th, 2022 at 9.74

intermediate term down The intermediate-term trend has been DOWN since Feb 6th, 2023 at 6.52

short term down The short-term trend has been DOWN since Mar 22nd, 2023 at 3.94

Smart Scan Analysis for CMLS

Based on our trend formula, CMLS is rated as a -90 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
3.70 3.71 3.58 3.64 -0.11
Prev. Close Volume Bid Ask Time
3.65 138548 2023-03-24 15:59:44
Year High26Year High Date2018-08-01
Year Low12.2Year Low Date2018-11-29
52wk High15.6752wk High Date2022-05-05
52wk Low3.7152wk Low Date2023-03-23
Year End Close2.67Average Volume238,880
Shares Outstanding18,377Short Interest7,060,837
% Institutional79.2Market Cap251M
P/E Ratio4.6296Beta2.62
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