NASDAQ
Cumberland Pharmaceuticals Inc has been moving sideways between $1.54 and $2.91 since 15 Oct 2023.
Since 2019, NasdaqScan has found 3 sideways ranges in CPIX. Completed ranges lasted 620 days on average, from 532 to 707 days. Of those 2, 1 broke downward and 1 ended without a clear breakout. The current range is 89% wide from low to high. NasdaqScan detected one breakout pattern in Cumberland Pharmaceuticals Inc, on 31 May 2020 after 427 days of sideways movement.
Charts are only kept for recent breakouts, so there is no chart for this signal.
| Range | Formed | Ended | How it ended | Breakout signals |
|---|---|---|---|---|
| $1.54 – $2.91 | 15 Oct 2023 | Still sideways | — | — |
| $2.58 – $3.94 | 5 Sept 2021 | 19 Feb 2023 (532 days) | Range invalidated at $2.91 | — |
| $4.8344 – $6.99 | 20 Oct 2019 | 26 Sept 2021 (707 days) | Broke below the range at $3.08 | 31 May 2020 (Go ahead) |
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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.