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(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.

10 day averaged volume of Salem Media is 590850

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	0.26	0.29	0.32	0.26	1.786 times
17 Wed Jan 2024	0.30	0.30	0.34	0.29	1.596 times
16 Tue Jan 2024	0.33	0.35	0.44	0.32	6.138 times
12 Fri Jan 2024	0.33	0.32	0.34	0.32	0.165 times
12 Fri Jan 2024	0.33	0.32	0.34	0.32	0.165 times
11 Thu Jan 2024	0.32	0.33	0.33	0.32	0.233 times
10 Wed Jan 2024	0.34	0.33	0.34	0.31	0.065 times
09 Tue Jan 2024	0.33	0.33	0.34	0.32	0.099 times
08 Mon Jan 2024	0.33	0.32	0.35	0.30	0.324 times
05 Fri Jan 2024	0.32	0.35	0.36	0.31	0.441 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 0.3, but if it comes above 0.3, then a intra day buy could be more profitable.
If you take a sell trade below 0.3, then use 0.3 as stoploss and 0.2 as target. However if you take a buy trade in stock , then use 0.3 as stoploss and 0.39 as target.

Share price targets for Salem Media (SALM)

Target Type	Value
Downside Target	0.26
Upside Target	0.30
Upside Target	0.32
Upside Target	0.34
Upside Target	0.35
Upside Target	0.37
Upside Target	0.41
Upside Target	0.44
Upside Target	0.54
Upside Target	0.57
Upside Target	0.59
Upside Target	0.65
Upside Target	0.69
Upside Target	0.78
Upside Target	0.80

Intraday share price targets for Salem Media (SALM)

Target Type	Value
Downside Intraday Target	0.2
Downside Intraday Target	0.14
Upside Intraday Target	0.38
Upside Intraday Target	0.5
Upside Intraday Target	0.32

Weekly technical analysis of Salem Media (SALM)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Jan 2024	0.26	0.35	0.44	0.26	57.569 times
12 Fri Jan 2024	0.33	0.32	0.34	0.32	0.187 times
12 Fri Jan 2024	0.33	0.32	0.35	0.30	0.246 times
05 Fri Jan 2024	0.32	0.39	0.41	0.30	2.038 times
29 Fri Dec 2023	0.39	0.54	0.55	0.37	0.468 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
18 Thu Jan 2024	0.26	0.39	0.44	0.26	2.093 times
29 Fri Dec 2023	0.39	0.59	0.65	0.37	5.04 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

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 BUY signal for Salem Media in short term but the buy signal is initial and weak.

Salem Media Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 0.31 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.