(SALM) Salem Media complete technical analysis [charts+indicators] | Buy/Sell Salem Media | (SALM) share price targets
Complete technical analysis of Salem Media (SALM) by charts plus indicators, forecast predictions and share price targets for Salem Media (SALM)
Salem Media trades in USA in Consumer Services sector.
Showing technical analysis as on 2023-12-14 View latest technical analysis
10 day averaged volume of Salem Media is 24610
Date | Daily Closing Price | Open | High | Low | Volume |
14 Thu Dec 2023 | 0.54 | 0.52 | 0.58 | 0.52 | 3.828 times |
13 Wed Dec 2023 | 0.53 | 0.55 | 0.56 | 0.52 | 3.121 times |
12 Tue Dec 2023 | 0.55 | 0.57 | 0.58 | 0.55 | 1.479 times |
11 Mon Dec 2023 | 0.58 | 0.58 | 0.59 | 0.57 | 0.74 times |
08 Fri Dec 2023 | 0.58 | 0.58 | 0.59 | 0.57 | 1.024 times |
07 Thu Dec 2023 | 0.58 | 0.57 | 0.60 | 0.57 | 0.63 times |
06 Wed Dec 2023 | 0.57 | 0.59 | 0.60 | 0.57 | 0.614 times |
05 Tue Dec 2023 | 0.58 | 0.60 | 0.60 | 0.58 | 0.861 times |
04 Mon Dec 2023 | 0.60 | 0.61 | 0.62 | 0.59 | 0.284 times |
01 Fri Dec 2023 | 0.62 | 0.59 | 0.62 | 0.59 | 0.203 times |
Stock of Salem Media (SALM) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 0.5, for a target of 0.6 or 0.59
Share price targets for Salem Media (SALM)
Target Type | Value |
Downside Target | 0.52 |
Downside Target | 0.54 |
Upside Target | 0.56 |
Upside Target | 0.62 |
Upside Target | 0.63 |
Upside Target | 0.69 |
Upside Target | 0.76 |
Upside Target | 0.78 |
Upside Target | 0.80 |
Upside Target | 0.98 |
Intraday share price targets for Salem Media (SALM)
Target Type | Value |
Downside Intraday Target | 0.51 |
Downside Intraday Target | 0.48 |
Upside Intraday Target | 0.58 |
Upside Intraday Target | 0.62 |
Upside Intraday Target | 0.55 |
Weekly technical analysis of Salem Media (SALM)
Date | Weekly Closing Price | Open | High | Low | Volume |
14 Thu Dec 2023 | 0.54 | 0.58 | 0.59 | 0.52 | 2.686 times |
08 Fri Dec 2023 | 0.58 | 0.61 | 0.62 | 0.57 | 0.828 times |
01 Fri Dec 2023 | 0.62 | 0.59 | 0.63 | 0.57 | 0.422 times |
24 Fri Nov 2023 | 0.60 | 0.62 | 0.62 | 0.58 | 0.835 times |
17 Fri Nov 2023 | 0.63 | 0.75 | 0.76 | 0.58 | 2.754 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Salem Media (SALM)
Date | Monthly Closing Price | Open | High | Low | Volume |
14 Thu Dec 2023 | 0.54 | 0.59 | 0.62 | 0.52 | 0.396 times |
30 Thu Nov 2023 | 0.60 | 0.68 | 0.80 | 0.57 | 1.67 times |
31 Tue Oct 2023 | 0.67 | 0.60 | 0.78 | 0.59 | 0.484 times |
29 Fri Sep 2023 | 0.59 | 0.62 | 0.69 | 0.54 | 0.723 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Salem Media (SALM)
Price action analysis of Salem Media ( (SALM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Salem Media ( (SALM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Salem Media ( (SALM) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Salem Media ( (SALM) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Salem Media stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Salem Media in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Salem Media Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Salem Media in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Salem Media is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 0.55 and Salem Media (SALM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Salem Media (SALM) stock. Volume based technical analysis of Salem Media (SALM) stock is negative.
Salem Media Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Salem Media ( (SALM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Salem Media ( (SALM) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Salem Media ( (SALM) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Salem Media ( (SALM) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Salem Media stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Salem Media in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Salem Media Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Salem Media in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Salem Media is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 0.55 and Salem Media (SALM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Salem Media (SALM) stock. Volume based technical analysis of Salem Media (SALM) stock is negative.
Salem Media Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.