(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 2024-09-26 View latest technical analysis
10 day averaged volume of Salem is 2839
Date | Daily Closing Price | Open | High | Low | Volume |
26 Thu Sep 2024 | 51.57 | 50.55 | 52.89 | 50.55 | 0.641 times |
25 Wed Sep 2024 | 52.34 | 52.38 | 54.80 | 50.99 | 0.754 times |
24 Tue Sep 2024 | 52.38 | 53.70 | 54.69 | 52.20 | 1.064 times |
23 Mon Sep 2024 | 52.95 | 54.00 | 55.70 | 51.00 | 2.399 times |
20 Fri Sep 2024 | 53.00 | 54.40 | 54.40 | 51.50 | 0.711 times |
19 Thu Sep 2024 | 53.41 | 51.50 | 53.80 | 51.20 | 1.619 times |
18 Wed Sep 2024 | 52.71 | 53.90 | 53.90 | 52.02 | 0.554 times |
17 Tue Sep 2024 | 51.50 | 53.90 | 53.90 | 51.50 | 0.195 times |
16 Mon Sep 2024 | 53.99 | 52.46 | 54.49 | 51.62 | 0.172 times |
13 Fri Sep 2024 | 52.46 | 54.60 | 54.60 | 52.06 | 1.05 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 51.7, but if it comes above 51.7, then a intra day buy could be more profitable.
If you take a sell trade below 51.7, then use 51.7 as stoploss and 50.8 as target. However if you take a buy trade in stock , then use 51.7 as stoploss and 52.45 as target.
Share price targets for Salem (Salem)
Target Type | Value |
Downside Target | 42.00 |
Downside Target | 45.35 |
Downside Target | 46.75 |
Downside Target | 49.25 |
Downside Target | 50.30 |
Upside Target | 52.96 |
Upside Target | 54.49 |
Upside Target | 55.70 |
Upside Target | 60.50 |
Upside Target | 82.78 |
Intraday share price targets for Salem (Salem)
Target Type | Value |
Downside Intraday Target | 49.51 |
Downside Intraday Target | 47.46 |
Upside Intraday Target | 54.66 |
Upside Intraday Target | 57.76 |
Upside Intraday Target | 52.61 |
Weekly technical analysis of Salem (Salem)
Date | Weekly Closing Price | Open | High | Low | Volume |
26 Thu Sep 2024 | 51.57 | 54.00 | 55.70 | 50.55 | 1.494 times |
20 Fri Sep 2024 | 53.00 | 52.46 | 54.49 | 51.20 | 0.583 times |
13 Fri Sep 2024 | 52.46 | 51.20 | 55.70 | 51.00 | 0.783 times |
06 Fri Sep 2024 | 53.50 | 51.20 | 55.70 | 50.30 | 0.565 times |
30 Fri Aug 2024 | 51.20 | 53.00 | 55.10 | 47.15 | 1.557 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 |
26 Thu Sep 2024 | 51.57 | 51.20 | 55.70 | 50.30 | 0.866 times |
30 Fri Aug 2024 | 51.20 | 48.89 | 55.10 | 45.35 | 1.453 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 |
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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 losing momentum.
MACD generated a SELL signal for Salem in short term but the sell signal is initial and weak.
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 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 and the buying is gaining 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 52.74 and Salem (Salem) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 losing momentum.
MACD generated a SELL signal for Salem in short term but the sell signal is initial and weak.
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 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 and the buying is gaining 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 52.74 and Salem (Salem) stock is trading below this level. This means that stock is falling with high volumes. 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 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.
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