(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 2024-10-07 View latest technical analysis
10 day averaged volume of Salem is 2239
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 50.13 | 50.91 | 52.00 | 49.00 | 0.264 times |
| 03 Thu Oct 2024 | 52.18 | 52.94 | 52.94 | 52.00 | 0.037 times |
| 01 Tue Oct 2024 | 51.90 | 50.24 | 52.00 | 50.24 | 0.233 times |
| 30 Mon Sep 2024 | 51.00 | 53.00 | 53.00 | 51.00 | 0.202 times |
| 27 Fri Sep 2024 | 50.24 | 51.00 | 53.74 | 50.01 | 0.41 times |
| 26 Thu Sep 2024 | 51.57 | 50.55 | 52.89 | 50.55 | 0.813 times |
| 25 Wed Sep 2024 | 52.34 | 52.38 | 54.80 | 50.99 | 0.957 times |
| 24 Tue Sep 2024 | 52.38 | 53.70 | 54.69 | 52.20 | 1.349 times |
| 23 Mon Sep 2024 | 52.95 | 54.00 | 55.70 | 51.00 | 3.042 times |
| 20 Fri Sep 2024 | 53.00 | 54.40 | 54.40 | 51.50 | 0.902 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 50, for a target of 51.2 or 52.16
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 45.35 |
| Downside Target | 46.75 |
| Downside Target | 49.00 |
| Upside Target | 52.96 |
| 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 | 48.75 |
| Downside Intraday Target | 47.38 |
| Upside Intraday Target | 51.75 |
| Upside Intraday Target | 53.38 |
| Upside Intraday Target | 50.38 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Mon Oct 2024 | 50.13 | 50.91 | 52.00 | 49.00 | 0.559 times |
| 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 |
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 |
| 07 Mon Oct 2024 | 50.13 | 50.24 | 52.94 | 49.00 | 0.02 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 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 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 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 SELL. Signal strength is Strong and stock is gaining 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 SELL signal in short term and selling is picking up 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 52.35 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 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 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 SELL. Signal strength is Strong and stock is gaining 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 SELL signal in short term and selling is picking up 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 52.35 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.
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