Cumulus Media Technical Analysis (OTCMKTS:CMLSQ)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The Cumulus Media stock price data and volume are plotted in CMLSQ stock charts and these trading charts form the basis of technical analysis.
You can view Simple Moving Average - SMA 20 day, 50 day & 100 day, Exponential Moving Average - EMA 20 day, 50 day & 100 day charts, and Bollinger Bands for Cumulus Media. Technical analysis uses an approach for Cumulus Media stock analysis that does not care for the fair value of a company but uses price and volume data only.
Cumulus Media Moving Average
Moving averages show the average price of CMLSQ stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $0.3 is above the price of $0.09.
Cumulus Media Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Cumulus Media. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $0.09 is in the lower range of Cumulus Media bollinger bands.
Cumulus Media Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Cumulus Media MACD indicator can be used to identify bullish and bearish trends for the stock.
Cumulus Media Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 34.72 is the RSI value of CMLSQ stock.