Not too much action today, Clear Channel Outdoor Holdings drifted down slightly. We'll see where it goes next.
Currently CCO isn't at a clear support/resistance line that seems tradable. Clear Channel Outdoor Holdings hasn't been looking too hot recently, some shareholders have been dumping shares over the last few months which has been driving prices down. In the past 3 months, the Advertising & Marketing Services company has lost -27.14 of it's value. So it's not looking great, I'd probably wait for a clearer support level before coming in. CCO may hit some resistance around the 1.1 level, more sellers may enter the market here and push price back down. But it's definitely not guaranteed.
The analysts are pretty neutral on Clear Channel Outdoor Holdings right now, so not much useful information here. The current Analysts Sentiment Score is 0.22. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. Wells Fargo & Company boosted their price targ by 20% to $1.50 on 2023-11-09. On 2023-08-29 Citigroup lowered their price target by -6.67% to $1.40. On 2023-08-14 there was confirmation of the previous rating by Barrington Research which was Outperform and added a price target of $2.50. Morgan Stanley announced a lowering of their price target to $1.50 from $2.00 on 2022-11-09.
| Company | Ratings Score
?
Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| CCO | 0.22 | 0.45 | 0 | 0.45 | -0.45 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| CCO | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
?
We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
|
Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| CCO | 0 | %0 | 0 | 0 | 0 |
| Segment | Count | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest | Analysts Ratings ? |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Advertising & Marketing Services | 5 | -0.47 | -1.60 | 0.47 | -17.52 | -27.55 | -11.03 | 58.80 | -82.57 | -43.52 | -28.51 | -16997.62 | -3670.20 | 0.00 | 0.00 | 3.06 | 0.70 |
| Consumer Cyclical | 291 | 2.46 | 2.33 | 10.29 | -11.10 | -10.15 | -3.40 | 62.71 | -37.41 | -29.22 | -24.51 | -15227.49 | -4635.41 | 8.16 | 0.34 | 5.58 | 0.52 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
| Ticker | Social Sentiment(1-10) |
|---|---|
| CCO |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
