Stock Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
Entercom Communications Corp (NYSE:ETM)
Long-Term Downtrend (-90) - ETM is in a strong downtrend that is likely to continue. While ETM 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 ETM?
MarketClub looks at technical strength and momentum to determine if the timing is right for ETM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ETM
The long-term trend has been DOWN since Feb 27th, 2020 at 3.50
The intermediate-term trend has been DOWN since Sep 14th, 2020 at 1.50
The short-term trend has been DOWN since Sep 22nd, 2020 at 1.35
Smart Scan Analysis for ETM
Based on our trend formula, ETM is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||11.65||Year High Date||2018-01-16|
|Year Low||5.82||Year Low Date||2018-11-20|
|52wk High||5.22||52wk High Date||2019-12-18|
|52wk Low||0.75||52wk Low Date||2020-04-06|
|Year End Close||6.98||Average Volume||996,448|
|Shares Outstanding||138,004||Short Interest||2,966,087|
|% Institutional||56.1||Market Cap||535M|