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ETM - Entercom Communications Corp
$3.88
0.13(3.47%)9:00:02 PM 1/20/2021
Entercom Communications Corporation is a publicly traded American broadcasting company and radio network based in Philadelphia, Pennsylvania. Founded in 1968, it is the second largest radio company in the United States, owning 235 radio stations across 48 media markets. In November 2017, Entercom merged with CBS Radio. The transaction was structured as an exchange offer whereby owners of CBS Corporation common shares at the time of the merger could elect to exchange their shares for Entercom shares corresponding to a 72% stake in the combined company. It is not clear how many CBS shareholders retained these Entercom shares, and the present-day ViacomCBS has never held any ownership in the company.
Stock Chart

Summary:

  • A moving average of Short volume ratio is at a recent 2 week high. A high short volume ratio indicate selling presures.
  • RSI is at a high level of 82. A high level of RSI indicates the stock is overbought.
  • MACD is crossing MACD signal line at 0.1. MACD crossing signal line is bullish signal.

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

Finra

Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.

Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.

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