(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 2024-07-16 View latest technical analysis
10 day averaged volume of Salem is 3033
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Jul 2024 | 50.00 | 48.78 | 51.20 | 48.78 | 0.588 times |
| 15 Mon Jul 2024 | 48.78 | 52.00 | 52.00 | 48.37 | 0.524 times |
| 12 Fri Jul 2024 | 50.59 | 48.30 | 50.61 | 48.30 | 1.206 times |
| 11 Thu Jul 2024 | 48.20 | 48.99 | 50.99 | 48.00 | 0.512 times |
| 10 Wed Jul 2024 | 49.99 | 52.96 | 52.96 | 48.50 | 0.961 times |
| 09 Tue Jul 2024 | 50.44 | 48.50 | 50.44 | 48.50 | 0.529 times |
| 08 Mon Jul 2024 | 48.04 | 48.60 | 50.90 | 48.00 | 0.966 times |
| 05 Fri Jul 2024 | 48.50 | 50.00 | 50.03 | 47.50 | 1.398 times |
| 04 Thu Jul 2024 | 50.00 | 51.50 | 51.50 | 49.10 | 0.606 times |
| 03 Wed Jul 2024 | 50.85 | 50.01 | 51.68 | 48.75 | 3.225 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 49.1 as stoploss in an intra day buy trade for a target of 51.12. However, stock will show a bearish move below 49.1.
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 42.00 |
| Downside Target | 47.50 |
| Upside Target | 50.76 |
| Upside Target | 51.90 |
| Upside Target | 52.90 |
| Upside Target | 52.96 |
| Upside Target | 55.00 |
| Upside Target | 55.01 |
| Upside Target | 55.94 |
| Upside Target | 60.50 |
| Upside Target | 82.78 |
Intraday share price targets for Salem (Salem)
| Target Type | Value |
| Downside Intraday Target | 48.25 |
| Downside Intraday Target | 46.49 |
| Upside Intraday Target | 51.88 |
| Upside Intraday Target | 53.75 |
| Upside Intraday Target | 50.12 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Jul 2024 | 50.00 | 52.00 | 52.00 | 48.37 | 0.266 times |
| 12 Fri Jul 2024 | 50.59 | 48.60 | 52.96 | 48.00 | 0.68 times |
| 05 Fri Jul 2024 | 48.50 | 51.90 | 51.90 | 47.50 | 1.26 times |
| 28 Fri Jun 2024 | 50.87 | 55.01 | 55.01 | 50.76 | 1.503 times |
| 21 Fri Jun 2024 | 53.95 | 54.00 | 55.94 | 51.97 | 0.416 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 |
| 16 Tue Jul 2024 | 50.00 | 51.90 | 52.96 | 47.50 | 0.522 times |
| 28 Fri Jun 2024 | 50.87 | 60.50 | 60.50 | 49.25 | 0.111 times |
| 31 Fri May 2024 | 57.89 | 46.00 | 82.78 | 42.00 | 30.52 times |
| 30 Tue Apr 2024 | 45.03 | 50.00 | 52.90 | 42.80 | 0.501 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 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 short 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.
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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Salem in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 negative zone. This is the SELL zone
Stock of Salem is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 49.82 and Salem (Salem) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.
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 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 short 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.
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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Salem in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 negative zone. This is the SELL zone
Stock of Salem is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 49.82 and Salem (Salem) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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