RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of UONE
Powered by GPT-4
Upgraded!
Stock Analysis
Risk Assessment
Trading Strategy

Big movements in Radio One stock price on Thursday moving 11.55% between high and low
(Updated on Mar 28, 2024)

Sell candidate since Jan 31, 2024 Loss -26.23% PDF

The Radio One stock price gained 7.57% on the last trading day (Thursday, 28th Mar 2024), rising from $2.51 to $2.70. During the last trading day the stock fluctuated 11.55% from a day low at $2.51 to a day high of $2.80. The price has risen in 6 of the last 10 days and is up by 25.58% over the past 2 weeks. Volume fell on the last day by -8 thousand shares and in total, 67 thousand shares were bought and sold for approximately $180.59 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies the upper part of a very wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $2.72 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -42.81% during the next 3 months and, with a 90% probability hold a price between $1.00 and $1.55 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

UONE Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, March 19, 2024, and so far it has risen 35.68%. Further rise is indicated until a new top pivot has been found. 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 Radio One stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $2.91. On a fall, the stock will find some support from the short-term average at $2.44. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not.

Support, Risk & Stop-loss for Radio One stock

On the downside, the stock finds support just below today's level from accumulated volume at $2.46 and $2.30. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Radio One finds support just below today's level at $2.46. If this is broken, then the next support from accumulated volume will be at $2.30 and $2.09.

This stock may move very much during the day (volatility) and with periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0.290 between high and low, or 11.55%. For the last week the stock has had daily average volatility of 7.99%.

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

Trading Expectations (UONE) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Radio One Inc to open at $2.67, and during the day (based on 14 day Average True Range), to move between $2.50 and $2.90, which gives a possible trading interval of +/-$0.200 (+/-7.40%) up or down from last closing price. If Radio One Inc takes out the full calculated possible swing range there will be an estimated 14.79% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $2.46 (8.89%) than the resistance at $3.23 (19.63%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Radio One Inc stock A Buy?

Radio One holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.633 Sell Candidate Unchanged

Predicted Opening Price for Radio One Inc of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$2.67 ( 1.11%) $2.70

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for UONE

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 2.96 9.63 %
R2 2.85 5.53 %
R1 2.78 2.99 %
Current price: 2.70
Support S1 2.56 -5.21 %
S2 2.49 -7.75 %
S3 2.38 -11.85 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 3.35 24.07 %
R2 3.30 22.22 %
R1 3.23 19.63 %
Current price 2.70
Support S1 2.46 -8.89%
S2 2.30 -14.81%
S3 2.09 -22.59%

FAQ

What is the symbol for Radio One Stock and on which exchange is it traded?
The symbol for Radio One is UONE and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Radio One Stock?
Radio One holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

How to buy Radio One Stock?
Radio One Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Radio One Stock.

What's the current price of Radio One Stock?
As of the end of day on the 2024-03-28, the price of an Radio One (UONE) share was $2.70.

What is the 52-week high and low for Radio One Stock?
The 52-week high for Radio One Stock is $8.04 and the 52-week low is $1.93.

What is the market capitalization of Radio One Stock?
As of the 2024-03-28, the market capitalization of Radio One is 110.132M.
Click to get the best stock tips daily for free!

About Radio One Inc

Radio One Urban One, Inc., together with its subsidiaries, operates as an urban-oriented multi-media company in the United States. The company operates through four segments: Radio Broadcasting, Cable Television, Reach Media, and Digital. The Radio Broadcasting segment includes radio broadcasting operations that primarily target African-American and urban listeners. As of December 31, 2021, it owned and/or operated 64 broadcast stations, including 54 FM or... UONE Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT