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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.
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MarketClub’s Trade Triangles for CMLS
The long-term trend has been UP since Jul 7th, 2023 at 4.29
The intermediate-term trend has been DOWN since Oct 27th, 2023 at 4.83
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).
| 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 High | 26 | Year High Date | 2018-08-01 |
| Year Low | 12.2 | Year Low Date | 2018-11-29 |
| 52wk High | 7.4 | 52wk High Date | 2022-12-13 |
| 52wk Low | 2.57 | 52wk Low Date | 2023-05-09 |
| Year End Close | 2.67 | Average Volume | 32,420 |
| Shares Outstanding | 16,508 | Short Interest | 7,060,837 |
| % Institutional | 79.2 | Market Cap | 251M |
| Assets | 152,353,700M | Liabilities | 114,426,300M |
| P/E Ratio | 3.3086 | Beta | 2.62 |
| Volatility | 50.32 |