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Stock Trend Analysis Report

Prepared for you on Monday, July 22, 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.

Open High Low CMLS Price Change
2.060 2.190 2.055 2.050 -0.050
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 up The intermediate-term trend has been UP since Jul 12th, 2024 at 2.08

short term down The short-term trend has been DOWN since Jul 18th, 2024 at 2.02

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).

Smart Scan Analysis for CMLS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.060 2.190 2.055 2.050 -0.050
Prev. Close Volume Bid Ask Time
2.050 6099 2024-07-19 15:42:26
Year High26Year High Date2018-08-01
Year Low12.2Year Low Date2018-11-29
52wk High6.5952wk High Date2023-07-31
52wk Low1.7852wk Low Date2024-07-09
Year End Close2.67Average Volume28,233
Shares Outstanding16,886Short Interest7,060,837
% Institutional79.2Market Cap251M
P/E Ratio3.3086Beta2.62
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