CUMULUS MEDIA INC-CL A (CMLS) Technical Analysis
NASDAQ:CMLS • US2310828015
Current stock price
CMLS Technical Rating and Analysis
Taking everything into account, CMLS scores 0 out of 10 in our technical rating. CMLS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, CMLS is a bad performer in the overall market: 100% of all stocks are doing better.
- CMLS is one of the lesser performing stocks in the Media industry. 82% of 92 stocks in the same industry do better.
- CMLS is currently making a new 52 week low. This is a very bad signal. 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 0.16 - 0.48 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
CMLS Weekly and Daily overview Charts
CMLS Setup Rating and Analysis
CMLS has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
CMLS Support and Resistance Analysis
CMLS Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CMLS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CMLS is down. |
| ChartMill Relative Strength | 0.56 | NEGATIVE | CMLS has a low relative strength, it was outperformed by 99.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CMLS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CMLS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CMLS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.24 | OVERSOLD | The low RSI value suggests CMLS may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CMLS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 26.78 | NEUTRAL | The Stochastics value for CMLS is a neutral value. |
| Average True Range in percent/ATR (20) | 32.57 | HIGH VOLATILITY | The high ATR as a percentage value for CMLS suggests high volalility. |
| Average Directional Index/ADX (14) | 37.24 | POSITIVE | The high ADX value value for CMLS suggests a strong trend. |
CMLS Chart- and CandleStick Pattern Analysis
CMLS Technicals: Chart, Performance Metrics, Trend & Indicators
0.189
-0.04 (-18.95%)
CUMULUS MEDIA INC-CL A / CMLS TA FAQ
What is the ChartMill technical rating of CUMULUS MEDIA INC-CL A (CMLS) stock?
ChartMill assigns a technical rating of 0 / 10 to CMLS.
What is the trend direction for CMLS stock?
The current trend direction for CUMULUS MEDIA INC-CL A (CMLS) is Bearish.
Can you provide the RSI signal for CUMULUS MEDIA INC-CL A?
CUMULUS MEDIA INC-CL A (CMLS) has an RSI value of 27.2409. This indicates that the stock is currently oversold.
Can you provide the short term momentum for CUMULUS MEDIA INC-CL A?
The short term momentum for CUMULUS MEDIA INC-CL A (CMLS) is negative.
What is the buy/sell signal for CUMULUS MEDIA INC-CL A (CMLS) stock?
The buy/sell signal for CUMULUS MEDIA INC-CL A (CMLS) is sell as both the short term and long term trends are negative.