(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 2024-03-11 View latest technical analysis
10 day averaged volume of Salem is 2940
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 48.60 | 48.26 | 51.40 | 48.26 | 0.523 times |
| 07 Thu Mar 2024 | 49.86 | 55.00 | 55.00 | 46.31 | 0.364 times |
| 06 Wed Mar 2024 | 50.70 | 54.00 | 54.00 | 49.70 | 0.758 times |
| 05 Tue Mar 2024 | 50.58 | 51.50 | 53.00 | 49.61 | 5.906 times |
| 04 Mon Mar 2024 | 50.83 | 52.40 | 52.60 | 50.01 | 1.438 times |
| 02 Sat Mar 2024 | 52.50 | 52.58 | 52.58 | 52.50 | 0.001 times |
| 01 Fri Mar 2024 | 50.31 | 50.90 | 50.98 | 49.50 | 0.824 times |
| 29 Thu Feb 2024 | 50.00 | 50.30 | 50.30 | 48.00 | 0.152 times |
| 28 Wed Feb 2024 | 50.30 | 51.50 | 51.50 | 49.00 | 0.195 times |
| 27 Tue Feb 2024 | 50.95 | 49.95 | 50.95 | 49.95 | 0.064 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 49.2, but if it comes above 49.2, then a intra day buy could be more profitable.
If you take a sell trade below 49.2, then use 49.2 as stoploss and 48.1 as target. However if you take a buy trade in stock , then use 49.2 as stoploss and 50.05 as target.
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 37.49 |
| Downside Target | 39.80 |
| Downside Target | 42.00 |
| Downside Target | 45.40 |
| Downside Target | 48.00 |
| Upside Target | 50.70 |
| Upside Target | 51.40 |
| Upside Target | 51.80 |
| Upside Target | 52.58 |
| Upside Target | 55.00 |
Intraday share price targets for Salem (Salem)
| Target Type | Value |
| Downside Intraday Target | 47.44 |
| Downside Intraday Target | 46.28 |
| Upside Intraday Target | 50.58 |
| Upside Intraday Target | 52.56 |
| Upside Intraday Target | 49.42 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Mon Mar 2024 | 48.60 | 48.26 | 51.40 | 48.26 | 0.062 times |
| 07 Thu Mar 2024 | 49.86 | 52.40 | 55.00 | 46.31 | 5.517 times |
| 02 Sat Mar 2024 | 52.50 | 48.65 | 52.58 | 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 |
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 |
| 11 Mon Mar 2024 | 48.60 | 50.90 | 55.00 | 46.31 | 0.222 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 down 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 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 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 SELL. Signal strength is Weak and stock is losing 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 in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Salem in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 50.46 and Salem (Salem) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Salem (Salem) stock. Volume based technical analysis of Salem (Salem) stock is negative.
Salem Stock has given negative 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 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 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 SELL. Signal strength is Weak and stock is losing 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 in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Salem in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 50.46 and Salem (Salem) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Salem (Salem) stock. Volume based technical analysis of Salem (Salem) stock is negative.
Salem Stock has given negative 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.
Click here for further forecast and predictions for tomorrow