Stock Trend Analysis Report
Prepared for you on Sunday, November 29, 2020.
Salem Media Group, Inc (NASDAQ:SALM)
Bull Market Weakness (+75) - SALM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SALM as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for SALM
The long-term trend has been DOWN since Oct 30th, 2020 at 0.850
The intermediate-term trend has been UP since Nov 23rd, 2020 at 1.030
The short-term trend has been UP since Nov 9th, 2020 at 0.905
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).
|Year High||6.25||Year High Date||2018-07-06|
|Year Low||2.79||Year Low Date||2018-11-26|
|52wk High||2.62||52wk High Date||2020-06-17|
|52wk Low||0.65||52wk Low Date||2020-03-18|
|Year End Close||5.46||Average Volume||1,472,114|
|Shares Outstanding||26,683||Short Interest||197,394|
|% Institutional||29.5||Market Cap||42M|