Stock Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
Cinedigm Corp - Class A (NASDAQ:CIDM)
Sidelines Mode (+55) - CIDM 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 CIDM?
MarketClub looks at technical strength and momentum to determine if the timing is right for CIDM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CIDM
The long-term trend has been UP since Aug 11th, 2021 at 1.750
The intermediate-term trend has been UP since Jul 15th, 2021 at 1.440
The short-term trend has been DOWN since Oct 6th, 2021 at 2.445
Smart Scan Analysis for CIDM
Based on our trend formula, CIDM is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||1.81||Year High Date||2018-06-26|
|Year Low||0.49||Year Low Date||2018-11-15|
|52wk High||2.81||52wk High Date||2021-09-27|
|52wk Low||0.45||52wk Low Date||2020-11-09|
|Year End Close||1.4||Average Volume||8,531,390|
|Shares Outstanding||167,933||Short Interest||23,655|
|% Institutional||34.6||Market Cap||38M|