(Salem) Salem complete technical analysis [charts+indicators] | Buy/Sell Salem | (Salem) share price targets
Complete technical analysis of Salem (Salem) by charts plus indicators, forecast predictions and share price targets for Salem (Salem)
Showing technical analysis as on 2024-03-01 View latest technical analysis
10 day averaged volume of Salem is 2862
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 50.31 | 50.90 | 50.98 | 49.50 | 0.846 times |
| 29 Thu Feb 2024 | 50.00 | 50.30 | 50.30 | 48.00 | 0.156 times |
| 28 Wed Feb 2024 | 50.30 | 51.50 | 51.50 | 49.00 | 0.2 times |
| 27 Tue Feb 2024 | 50.95 | 49.95 | 50.95 | 49.95 | 0.066 times |
| 26 Mon Feb 2024 | 49.95 | 48.65 | 50.85 | 48.65 | 0.308 times |
| 23 Fri Feb 2024 | 50.65 | 52.95 | 52.95 | 48.00 | 0.566 times |
| 22 Thu Feb 2024 | 49.31 | 51.50 | 51.50 | 48.20 | 2.78 times |
| 21 Wed Feb 2024 | 49.43 | 49.00 | 51.80 | 48.20 | 1.565 times |
| 20 Tue Feb 2024 | 49.50 | 50.04 | 55.00 | 48.66 | 0.452 times |
| 19 Mon Feb 2024 | 50.04 | 51.30 | 52.70 | 48.36 | 2.838 times |
My analysis of stock is bullish for shortterm, and stock might move up till 50.8 or till 52. Use a stoploss of 49.82 and if this stock hits its stoploss, then it can fall down till 48.84
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 37.49 |
| Downside Target | 39.80 |
| Downside Target | 42.00 |
| Downside Target | 45.00 |
| Downside Target | 48.00 |
| Downside Target | 49.50 |
| Upside Target | 50.60 |
| Upside Target | 50.98 |
| Upside Target | 51.50 |
| Upside Target | 51.80 |
| Upside Target | 54.50 |
| Upside Target | 55.00 |
Intraday share price targets for Salem (Salem)
| Target Type | Value |
| Downside Intraday Target | 48.37 |
| Downside Intraday Target | 46.44 |
| Upside Intraday Target | 51.87 |
| Upside Intraday Target | 53.44 |
| Downside Intraday Target | 49.94 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 50.31 | 48.65 | 51.50 | 48.00 | 0.192 times |
| 23 Fri Feb 2024 | 50.65 | 51.30 | 55.00 | 48.00 | 2.355 times |
| 16 Fri Feb 2024 | 49.90 | 51.80 | 51.80 | 47.00 | 0.144 times |
| 09 Fri Feb 2024 | 49.50 | 53.76 | 54.50 | 46.40 | 1.812 times |
| 02 Fri Feb 2024 | 48.89 | 46.90 | 50.60 | 45.00 | 12.677 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Salem (Salem)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Fri Mar 2024 | 50.31 | 50.90 | 50.98 | 49.50 | 0.019 times |
| 29 Thu Feb 2024 | 50.00 | 47.40 | 55.00 | 45.40 | 1.344 times |
| 31 Wed Jan 2024 | 46.32 | 41.50 | 50.70 | 39.80 | 3.041 times |
| 29 Fri Dec 2023 | 40.00 | 40.90 | 45.80 | 37.60 | 2.778 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Salem (Salem)
Price action analysis of Salem ( (Salem) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Salem ( (Salem) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Salem ( (Salem) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Salem ( (Salem) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Salem stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Salem in short term but the sell signal is initial and weak.
Salem Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Salem in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Salem is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 49.78 and Salem (Salem) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Salem (Salem) stock. Volume based technical analysis of Salem (Salem) stock is negative.
Salem Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Salem ( (Salem) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Salem ( (Salem) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Salem ( (Salem) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Salem ( (Salem) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Salem stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Salem in short term but the sell signal is initial and weak.
Salem Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Salem in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Salem is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 49.78 and Salem (Salem) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Salem (Salem) stock. Volume based technical analysis of Salem (Salem) stock is negative.
Salem Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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