(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 2024-10-10 View latest technical analysis
10 day averaged volume of Salem is 992
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Thu Oct 2024 | 53.98 | 53.00 | 54.40 | 50.30 | 2.224 times |
| 09 Wed Oct 2024 | 50.00 | 52.35 | 52.35 | 48.60 | 0.179 times |
| 08 Tue Oct 2024 | 52.35 | 52.45 | 52.45 | 52.00 | 0.19 times |
| 07 Mon Oct 2024 | 50.13 | 50.91 | 52.00 | 49.00 | 0.596 times |
| 03 Thu Oct 2024 | 52.18 | 52.94 | 52.94 | 52.00 | 0.084 times |
| 01 Tue Oct 2024 | 51.90 | 50.24 | 52.00 | 50.24 | 0.526 times |
| 30 Mon Sep 2024 | 51.00 | 53.00 | 53.00 | 51.00 | 0.457 times |
| 27 Fri Sep 2024 | 50.24 | 51.00 | 53.74 | 50.01 | 0.925 times |
| 26 Thu Sep 2024 | 51.57 | 50.55 | 52.89 | 50.55 | 1.836 times |
| 25 Wed Sep 2024 | 52.34 | 52.38 | 54.80 | 50.99 | 2.159 times |
Stock of Salem (Salem) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 53.2, but if it comes below 53.2, then a intra day sell could be more profitable.
If you take a sell trade below 53.2, then use 53.2 as stoploss and 52.11 as target. However if you take a buy trade in stock , then use 53.2 as stoploss and 54.6 as target.
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 45.35 |
| Downside Target | 46.75 |
| Downside Target | 48.60 |
| Downside Target | 52.96 |
| Upside Target | 54.40 |
| 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 | 50.25 |
| Downside Intraday Target | 46.53 |
| Upside Intraday Target | 56.05 |
| Upside Intraday Target | 58.13 |
| Downside Intraday Target | 52.33 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Thu Oct 2024 | 53.98 | 50.91 | 54.40 | 48.60 | 2.99 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 up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Salem (Salem)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 10 Thu Oct 2024 | 53.98 | 50.24 | 54.40 | 48.60 | 0.062 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 Weak and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above 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 BUY signal in short term and the buying is gaining 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 52.09 and Salem (Salem) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 Weak and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above 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 BUY signal in short term and the buying is gaining 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 52.09 and Salem (Salem) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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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