(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 2024-10-03 View latest technical analysis
10 day averaged volume of Salem is 2388
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Thu Oct 2024 | 52.18 | 52.94 | 52.94 | 52.00 | 0.035 times |
| 01 Tue Oct 2024 | 51.90 | 50.24 | 52.00 | 50.24 | 0.219 times |
| 30 Mon Sep 2024 | 51.00 | 53.00 | 53.00 | 51.00 | 0.19 times |
| 27 Fri Sep 2024 | 50.24 | 51.00 | 53.74 | 50.01 | 0.384 times |
| 26 Thu Sep 2024 | 51.57 | 50.55 | 52.89 | 50.55 | 0.763 times |
| 25 Wed Sep 2024 | 52.34 | 52.38 | 54.80 | 50.99 | 0.897 times |
| 24 Tue Sep 2024 | 52.38 | 53.70 | 54.69 | 52.20 | 1.265 times |
| 23 Mon Sep 2024 | 52.95 | 54.00 | 55.70 | 51.00 | 2.852 times |
| 20 Fri Sep 2024 | 53.00 | 54.40 | 54.40 | 51.50 | 0.845 times |
| 19 Thu Sep 2024 | 53.41 | 51.50 | 53.80 | 51.20 | 1.925 times |
My analysis of stock is bearish for shortterm, and stock might move down till 51.4 or till 50.4. Use a stoploss of 52.26 and if the stock hits stoploss, then it can shoot up till 53.11
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 45.35 |
| Downside Target | 46.75 |
| Downside Target | 49.25 |
| Upside Target | 52.94 |
| Upside Target | 53.00 |
| Upside Target | 54.49 |
| Upside Target | 55.10 |
| Upside Target | 55.70 |
| Upside Target | 60.50 |
Intraday share price targets for Salem (Salem)
| Target Type | Value |
| Downside Intraday Target | 50.61 |
| Downside Intraday Target | 49.05 |
| Upside Intraday Target | 53.37 |
| Upside Intraday Target | 54.57 |
| Downside Intraday Target | 51.81 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Thu Oct 2024 | 52.18 | 53.00 | 53.00 | 50.24 | 0.072 times |
| 27 Fri Sep 2024 | 50.24 | 54.00 | 55.70 | 50.01 | 1.593 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 |
Price has moved up 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 |
| 03 Thu Oct 2024 | 52.18 | 50.24 | 52.94 | 50.24 | 0.01 times |
| 30 Mon Sep 2024 | 51.00 | 51.20 | 55.70 | 50.01 | 0.886 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 |
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 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 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 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 but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Salem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below 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 SELL signal in short term and selling is picking up 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 52.62 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 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 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 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 but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Salem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below 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 SELL signal in short term and selling is picking up 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 52.62 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