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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
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.
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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 Dec 23rd, 2024 at 0.7024
The short-term trend has been DOWN since Dec 17th, 2024 at 0.7610
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.7600 | 0.7600 | 0.7010 | 0.7158 | -0.0441 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.7599 | 103187 | 2024-12-26 15:00:00 |
| 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 | 0.68 | 52wk Low Date | 2024-11-27 |
| Year End Close | 2.67 | Average Volume | 45,108 |
| Shares Outstanding | 16,986 | Short Interest | 7,060,837 |
| % Institutional | 79.2 | Market Cap | 251M |
| Assets | 136,435,400M | Liabilities | 112,757,500M |
| P/E Ratio | 3.3086 | Beta | 2.62 |
| Volatility | 50.32 |