(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 2024-08-12 View latest technical analysis
10 day averaged volume of Salem is 906
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 47.00 | 47.00 | 47.10 | 47.00 | 0.609 times |
| 09 Fri Aug 2024 | 47.00 | 47.00 | 47.00 | 47.00 | 0.361 times |
| 08 Thu Aug 2024 | 46.45 | 47.90 | 48.90 | 46.24 | 1.621 times |
| 07 Wed Aug 2024 | 47.90 | 46.20 | 47.90 | 46.20 | 0.124 times |
| 06 Tue Aug 2024 | 47.90 | 48.96 | 48.96 | 46.55 | 0.451 times |
| 05 Mon Aug 2024 | 48.99 | 49.50 | 49.50 | 46.50 | 0.382 times |
| 02 Fri Aug 2024 | 48.47 | 48.50 | 48.50 | 46.00 | 0.446 times |
| 01 Thu Aug 2024 | 47.08 | 48.89 | 50.00 | 47.00 | 3.95 times |
| 31 Wed Jul 2024 | 48.89 | 47.66 | 48.89 | 47.60 | 0.556 times |
| 30 Tue Jul 2024 | 48.89 | 48.89 | 48.89 | 47.60 | 0.63 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 47.3, but if it comes above 47.3, then a intra day buy could be more profitable.
If you take a sell trade below 47.3, then use 47.3 as stoploss and 46.2 as target. However if you take a buy trade in stock , then use 47.3 as stoploss and 48.29 as target.
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 42.00 |
| Downside Target | 46.00 |
| Upside Target | 49.25 |
| Upside Target | 49.90 |
| Upside Target | 50.00 |
| Upside Target | 52.00 |
| Upside Target | 52.90 |
| Upside Target | 52.96 |
| Upside Target | 60.50 |
| Upside Target | 82.78 |
Intraday share price targets for Salem (Salem)
| Target Type | Value |
| Downside Intraday Target | 46.97 |
| Downside Intraday Target | 46.93 |
| Upside Intraday Target | 47.07 |
| Upside Intraday Target | 47.13 |
| Upside Intraday Target | 47.03 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Mon Aug 2024 | 47.00 | 47.00 | 47.10 | 47.00 | 0.207 times |
| 09 Fri Aug 2024 | 47.00 | 49.50 | 49.50 | 46.20 | 0.417 times |
| 02 Fri Aug 2024 | 48.47 | 48.51 | 50.00 | 46.00 | 0.797 times |
| 26 Fri Jul 2024 | 48.51 | 49.90 | 49.90 | 46.75 | 1.516 times |
| 19 Fri Jul 2024 | 49.90 | 52.00 | 52.00 | 48.00 | 0.418 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 |
| 12 Mon Aug 2024 | 47.00 | 48.89 | 50.00 | 46.00 | 0.153 times |
| 31 Wed Jul 2024 | 48.89 | 51.90 | 52.96 | 46.75 | 0.708 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 |
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 neutral. A longer time frame might give a better analysis.
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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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.
Salem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Salem in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 47.39 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 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 neutral. A longer time frame might give a better analysis.
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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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.
Salem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Salem in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 47.39 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 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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