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Stock Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
Salem Media Group, Inc. (NASDAQ:SALM)
Crossroads (-60) - SALM is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 1.00
The intermediate-term trend has been UP since Mar 19th, 2024 at 0.36
The short-term trend has been UP since Apr 23rd, 2024 at 0.38
Smart Scan Analysis for SALM
Based on our trend formula, SALM is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.3836 | 0.3980 | 0.3800 | 0.3850 | -0.0130 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.3980 | 6065 | 2024-04-24 11:24:47 |
| 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 | 0.26 | 52wk Low Date | 2024-01-23 |
| Year End Close | 5.46 | Average Volume | 25,824 |
| Shares Outstanding | 27,217 | Short Interest | 197,394 |
| % Institutional | 29.5 | Market Cap | 42M |
| Assets | 471,300,000M | Liabilities | 339,148,000M |
| P/E Ratio | -0.15530000 | Beta | 1.31 |
| Volatility | 35.21 |