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Stock Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

Salem Media Group, Inc. - Class A (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
0.5900 0.5900 0.5700 0.5806 +0.0003
Entry Signal

MarketClub’s Trade Triangles for SALM

long term down The long-term trend has been DOWN since Mar 20th, 2023 at 1.00

intermediate term down The intermediate-term trend has been DOWN since Nov 14th, 2023 at 0.63

short term down The short-term trend has been DOWN since Dec 5th, 2023 at 0.59

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
0.5900 0.5900 0.5700 0.5806 +0.0003
Prev. Close Volume Bid Ask Time
0.5806 21170 2023-12-08 15:58:41
Year High6.25Year High Date2018-07-06
Year Low2.79Year Low Date2018-11-26
52wk High1.44852wk High Date2023-03-07
52wk Low0.539752wk Low Date2023-09-11
Year End Close5.46Average Volume37,405
Shares Outstanding27,217Short Interest197,394
% Institutional29.5Market Cap42M
Assets507,247,000MLiabilities343,927,000M
P/E Ratio1.8393Beta1.31
Volatility35.21
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