RADIO ONE: STOCK TO WATCH: UP 2.7% (ROIAK)

story by Zacks
written by Chip Brian

Feb 17, 2011 (SmarTrend(R) Spotlight via COMTEX) -- Radio One (NASDAQ:ROIAK) is one of today's best performing low-priced stocks, up 2.7% to $1.53 on 0.9x average daily volume. Approximately 451,000 shares have traded hands today vs. 30-day average volume of 494,000 shares.

High volume often signals a change in trends. Shares of Radio One are currently trading above their 50-day moving average (MA) of $1.27 and should find resistance at their 200-day MA of $1.55.

SmarTrend scans for speculative low-price stocks under $5 for reversals in trends. A large price movement may signal continuation or reversal of a trend.

Radio One is in SmarTrend's Broadcasting- Radio industry and this industry is currently in an Uptrend. An industry trend that matches the stock's trend helps to add conviction to the stock's Uptrend and price prediction.

SmarTrend currently has shares of Radio One in an Uptrend and issued the Uptrend alert on September 08, 2010 at $0.85. The stock has risen 76.3% since the Uptrend alert was issued.