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Stock Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
SALEM MEDIA GROUP INC A (NASDAQ:SALM)
Weak Downtrend (-65) - SALM is showing signs of a strengthening downtrend. Monitor SALM as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SALM?
MarketClub looks at technical strength and momentum to determine if the timing is right for SALM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SALM
The long-term trend has been DOWN since Mar 20th, 2023 at 1.000
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 0.221
The short-term trend has been DOWN since Oct 25th, 2024 at 0.230
Smart Scan Analysis for SALM
Based on our trend formula, SALM is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.2450 | 0.2598 | 0.2200 | 0.2598 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.2598 | 4215 | 2024-10-25 14:50:30 |
| Year High | 6.25 | Year High Date | 2018-07-06 |
| Year Low | 2.79 | Year Low Date | 2018-11-26 |
| 52wk High | 0.435 | 52wk High Date | 2024-02-05 |
| 52wk Low | 0.2002 | 52wk Low Date | 2024-06-25 |
| Year End Close | 5.46 | Average Volume | 13,558 |
| Shares Outstanding | 27,217 | Short Interest | 197,394 |
| % Institutional | 29.5 | Market Cap | 42M |
| Assets | 440,822,000M | Liabilities | 310,985,000M |
| P/E Ratio | -0.15530000 | Beta | 1.31 |
| Volatility | 35.21 |