Salem Media Group Stock Forecast

Sell candidate since Jun 05, 2025 Loss -13.72%

The Salem Media Group stock price fell by -6.37% on the last day (Wednesday, 11th Jun 2025) from $0.94 to $0.88. During the last trading day the stock fluctuated 7.14% from a day low at $0.84 to a day high of $0.90. The price has fallen in 5 of the last 10 days and is down by -9.27% for this period. Volume has increased on the last day by 5 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 16 thousand shares were bought and sold for approximately $13.78 thousand.

Given the current short-term trend, the stock is expected to rise 46.57% during the next 3 months and, with a 90% probability hold a price between $1.29 and $3.21 at the end of this 3-month period.

SALM Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Salem Media Group stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.98 and $1.18. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Tuesday, April 15, 2025, and so far it has fallen -49.99%. Further fall is indicated until a new bottom pivot has been found. Salem Media Group gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Salem Media Group stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $0.0600 between high and low, or 7.14%. For the last week, the stock has had daily average volatility of 7.83%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (SALM) For The Upcoming Trading Day Of Thursday 12th

For the upcoming trading day on Thursday, 12th we expect Salem Media Group to open at $0.87, and during the day (based on 14 day Average True Range), to move between $0.774 and $0.99, which gives a possible trading interval of +/-$0.106 (+/-12.08%) up or down from last closing price. If Salem Media Group takes out the full calculated possible swing range there will be an estimated 24.15% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $0.95, some $0.0699 (7.94%) from the current price of $0.88, our system finds the risk reward not very attractive.

Is Salem Media Group stock A Buy?

The Salem Media Group stock holds several negative signals and despite the positive trend, we believe Salem Media Group will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -1.678 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on June 12, 2025 - $0.87 ( 0.765%).

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