CUMULUS MEDIA INC-CL A (CMLS)

US2310828015 - Common Stock

2.63  +0.02 (+0.77%)

Technical Rating and Analysis

0

Overall CMLS gets a technical rating of 0 out of 10. CMLS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
87% of all other stocks performed better in the past year than CMLS.
CMLS is part of the Media industry. There are 96 other stocks in this industry, of which 64% are performing better than CMLS.
CMLS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so CMLS is lagging the market.
In the last month CMLS has a been trading in the 2.59 - 3.34 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
CMLS Weekly chart
CMLS Daily chart
Setup Rating and Analysis

5

Although the technical rating is bad, CMLS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.

Support and Resistance Analysis

2.57

5.35

We found 1 important support area.

  • A support zone ranging from 2.60 to 2.62. This zone is formed by a combination of multiple trend lines in multiple time frames.

7 important resistance areas can be observed.

  • Resistance @3.00 from a horizontal line in the daily time frame.
  • Resistance @3.78 from a trend line in the daily time frame.
  • Resistance @3.93 from a trend line in the daily time frame.
  • Resistance @4.11 from a trend line in the weekly time frame.
  • Resistance @4.65 from a trend line in the weekly time frame.
  • Resistance @4.98 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 5.23 to 5.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.09
Mansfield-4.45
10 Day High3.25
10 Day Low2.59
20 Day High3.34
20 Day Low2.59
52 Week High6.59
52 Week Low2.57
Performance
1 Week-3.33%
2 Weeks-5.09%
1 Month-15.26%
3 Month-41.74%
6 Month-46.84%
12 Month-5.78%
2 Year-78.34%
3 Year-76.23%
5 Year-83.69%
10 Year-93.83%
15 Year-92.34%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)35.43
LBB2.5
UBB3.06
CMLS Daily chart

CUMULUS MEDIA INC-CL A

NASDAQ:CMLS (5/2/2024, 1:53:49 PM)

2.63

+0.02 (+0.77%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg0.77%
1 Week-3.33%
2 Weeks-5.09%
1 Month-15.26%
3 Month-41.74%
6 Month-46.84%
12 Month-5.78%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.21
ATR(20)%7.19%
ATR Inc
Range Today0.14
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.25
10 Day Low2.59
20 Day High3.34
20 Day Low2.59
52 Week High6.59
52 Week Low2.57
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume18.85K
Volume Incr-48.65%
Vol(5)31.74K
Vol(50)79.61K