(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 2024-10-21 View latest technical analysis
10 day averaged volume of Salem is 2004
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Mon Oct 2024 | 52.00 | 53.50 | 53.80 | 52.00 | 0.974 times |
| 18 Fri Oct 2024 | 53.94 | 51.00 | 54.90 | 51.00 | 1.219 times |
| 17 Thu Oct 2024 | 52.00 | 51.76 | 54.45 | 51.76 | 0.756 times |
| 16 Wed Oct 2024 | 52.28 | 51.97 | 55.70 | 51.65 | 4.309 times |
| 15 Tue Oct 2024 | 52.50 | 52.50 | 52.50 | 52.50 | 1.497 times |
| 14 Mon Oct 2024 | 53.00 | 53.10 | 53.50 | 50.62 | 0.082 times |
| 11 Fri Oct 2024 | 52.06 | 53.98 | 53.98 | 52.05 | 0.556 times |
| 10 Thu Oct 2024 | 53.98 | 53.00 | 54.40 | 50.30 | 1.101 times |
| 09 Wed Oct 2024 | 50.00 | 52.35 | 52.35 | 48.60 | 0.089 times |
| 08 Tue Oct 2024 | 52.35 | 52.45 | 52.45 | 52.00 | 0.094 times |
My analysis of stock is bearish for shortterm, and stock might move down till 51 or till 49.7. Use a stoploss of 52.09 and if the stock hits stoploss, then it can shoot up till 53.16
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 45.35 |
| Downside Target | 46.75 |
| Downside Target | 48.60 |
| Downside Target | 52.00 |
| Upside Target | 53.80 |
| Upside Target | 54.40 |
| 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 | 51.4 |
| Downside Intraday Target | 50.8 |
| Upside Intraday Target | 53.2 |
| Upside Intraday Target | 54.4 |
| Upside Intraday Target | 52.6 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Mon Oct 2024 | 52.00 | 53.50 | 53.80 | 52.00 | 0.124 times |
| 18 Fri Oct 2024 | 53.94 | 53.10 | 55.70 | 50.62 | 3.684 times |
| 11 Fri Oct 2024 | 52.06 | 50.91 | 54.40 | 48.60 | 4.043 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 |
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 |
| 21 Mon Oct 2024 | 52.00 | 50.24 | 55.70 | 48.60 | 0.374 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 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 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 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.
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 gaining momentum.
MACD generated a BUY signal for Salem in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 52.61 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 is giving positive 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 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 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 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.
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 gaining momentum.
MACD generated a BUY signal for Salem in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 52.61 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 is giving positive 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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