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

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

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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%.



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