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Stock Trend Analysis Report

Prepared for you on Sunday, July 14, 2024.

Salem Media Group, Inc. (NASDAQ:SALM)

Strong Downtrend (-100) - SALM is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SALM continues to fall. Traders should use caution and set stops.

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.

NASDAQ_SALM
Open High Low SALM Price Change
0.23250 0.23980 0.22400 0.22500 -0.00625
Entry Signal

MarketClub’s Trade Triangles for SALM

long term down The long-term trend has been DOWN since Mar 20th, 2023 at 1.0000

intermediate term down The intermediate-term trend has been DOWN since May 28th, 2024 at 0.3200

short term down The short-term trend has been DOWN since Jul 8th, 2024 at 0.2325

Smart Scan Analysis for SALM

Based on our trend formula, SALM is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SALM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.23250 0.23980 0.22400 0.22500 -0.00625
Prev. Close Volume Bid Ask Time
0.22500 2744 2024-07-12 15:06:14
Year High6.25Year High Date2018-07-06
Year Low2.79Year Low Date2018-11-26
52wk High0.43552wk High Date2024-02-05
52wk Low0.200252wk Low Date2024-06-25
Year End Close5.46Average Volume30,983
Shares Outstanding27,217Short Interest197,394
% Institutional29.5Market Cap42M
Assets449,971,000MLiabilities322,519,000M
P/E Ratio-0.15530000Beta1.31
Volatility35.21
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