CMLS Stock Cumulus Media (CMLS, $1.84) Aroon Indicator entered a Downtrend on June 20, 2024.

A.I.dvisor
at Tickeron.com
06/21/24
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CMLS - Cumulus Media
Aroon signal
Bearish Trend
Odds of DOWN Trend
Aroon signal
Price: $1.84
Daily change: -$0.04 (-2.13%)
Daily volume: 9.7K
Industry: Broadcasting
For the last three days, A.I.dvisor has detected that CMLS's AroonDown red line is above 70 while the AroonUp green line is below 30 for three straight days. This move could indicate a strong downtrend ahead for CMLS, and traders may view it as a Sell signal for the next month. Traders may consider selling the stock or exploring put options. A.I.dvisor backtested this indicator and found 254 similar cases, of which were successful. Based on this data, the odds of success are
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A.I. Advisor
published General Information

General Information

a provider of radio broadcasting services

Industry Broadcasting

Profile
Fundamentals
Details
Industry
Broadcasting
Address
780 Johnson Ferry Road North East
Phone
+1 404 949-0700
Employees
3367
Web
https://www.cumulusmedia.com