Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

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

Sidelines Mode (-55) - CMLS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

NASDAQ_CMLS
Open High Low CMLS Price Change
3.23 3.72 3.29 3.59 +0.36
Entry Signal

MarketClub’s Trade Triangles for CMLS

long term down The long-term trend has been DOWN since Feb 1st, 2024 at 4.52

intermediate term down The intermediate-term trend has been DOWN since Jan 11th, 2024 at 4.95

short term up The short-term trend has been UP since Mar 28th, 2024 at 3.52

Smart Scan Analysis for CMLS

Based on our trend formula, CMLS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CMLS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.23 3.72 3.29 3.59 +0.36
Prev. Close Volume Bid Ask Time
3.59 68139 2024-03-28 15:59:52
Year High26Year High Date2018-08-01
Year Low12.2Year Low Date2018-11-29
52wk High6.5952wk High Date2023-07-31
52wk Low2.5752wk Low Date2023-05-09
Year End Close2.67Average Volume100,356
Shares Outstanding16,674Short Interest7,060,837
% Institutional79.2Market Cap251M
Assets144,030,100MLiabilities115,371,900M
P/E Ratio3.3086Beta2.62
Volatility50.32
Get a free daily analysis and signals for Cumulus Media Inc. - Class A (CMLS) - Request Your Free Report.