Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2023-12-11 View latest technical analysis

10 day averaged volume of Salem Media is 18550

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Dec 2023	0.58	0.58	0.59	0.57	0.981 times
08 Fri Dec 2023	0.58	0.58	0.59	0.57	1.358 times
07 Thu Dec 2023	0.58	0.57	0.60	0.57	0.836 times
06 Wed Dec 2023	0.57	0.59	0.60	0.57	0.814 times
05 Tue Dec 2023	0.58	0.60	0.60	0.58	1.143 times
04 Mon Dec 2023	0.60	0.61	0.62	0.59	0.377 times
01 Fri Dec 2023	0.62	0.59	0.62	0.59	0.27 times
30 Thu Nov 2023	0.60	0.59	0.63	0.59	1.385 times
29 Wed Nov 2023	0.59	0.57	0.60	0.57	0.685 times
28 Tue Nov 2023	0.58	0.58	0.59	0.58	1.477 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 0.6, but if it comes above 0.6, then a intra day buy could be more profitable.
If you take a sell trade below 0.6, then use 0.6 as stoploss and 0.5 as target. However if you take a buy trade in stock , then use 0.6 as stoploss and 0.6 as target.

Share price targets for Salem Media (SALM)

Target Type	Value
Downside Target	0.54
Downside 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	0.57
Downside Intraday Target	0.56
Upside Intraday Target	0.59
Upside Intraday Target	0.6
Downside Intraday Target	0.58

Weekly technical analysis of Salem Media (SALM)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Dec 2023	0.58	0.58	0.59	0.57	0.217 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, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Salem Media (SALM)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Mon Dec 2023	0.58	0.59	0.62	0.57	0.135 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 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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.

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 coming down

CCI has generated a SELL signal for Salem Media in short term

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Salem Media is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.58 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.