UPTREND SPOTTED IN SHARES OF RADIO ONE (ROIA)

story by SmarTrend
written by Chip Brian

SmarTrend identified an Uptrend for Radio One (NASDAQ:ROIA) on September 09, 2010 at $1.04. In approximately 6 months, Radio One has returned 100% as of today's recent price of $2.09.

In the past 52 weeks, shares of Radio One have traded between a low of $0.61 and a high of $5.40 and are now at $2.09, which is 243% above that low price.

Radio One is currently above its 50-day moving average of $1.38 and above its 200-day moving average of $1.73. Look for these moving averages to climb to confirm the company's upward momentum.

In the last five trading sessions, the 50-day MA has climbed 3.55% while the 200-day MA has slid 2.62%.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Radio One shares.