Home Music Industry News Radio One Down 33.3% Since SmarTrend Downtrend Call (ROIAK)

Radio One Down 33.3% Since SmarTrend Downtrend Call (ROIAK)

SmarTrend identified a Downtrend for (NASDAQ:ROIAK) on May 27, 2011 at $2.37. In approximately 2 months, has returned 33.3% as of today’s recent price of $1.58.

 width=In the past 52 weeks, shares of Radio One have traded between a low of $0.55 and a high of $3.04 and are now at $1.58, which is 187% above that low price.

Radio One is currently below its 50-day of $2.06 and below its 200-day of $1.68. Look for these to decline to confirm the company’s downward momentum.

In the last five , the 50-day MA has fallen 4.29% while the 200-day MA has risen 0.9%.

CEO of RF Focus, Radio and Music Industry Veteran. Radio DJ, Programmer, Musician and Voice Talent. Graduated from Performing Arts in Buffalo, N.Y. and worked at the legendary KKBT (92.3 The Beat) during its nationwide heyday in the early 90s. Also worked for Stevie Wonder at KJLH.