(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 2024-11-18 View latest technical analysis
10 day averaged volume of Salem is 808
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Mon Nov 2024 | 51.50 | 54.45 | 54.45 | 48.20 | 0.422 times |
| 14 Thu Nov 2024 | 52.00 | 53.50 | 55.00 | 43.50 | 1.703 times |
| 13 Wed Nov 2024 | 54.00 | 54.90 | 54.90 | 54.00 | 0.134 times |
| 12 Tue Nov 2024 | 54.00 | 55.00 | 55.00 | 52.20 | 1.557 times |
| 11 Mon Nov 2024 | 53.44 | 53.90 | 54.00 | 52.01 | 0.916 times |
| 08 Fri Nov 2024 | 54.10 | 55.00 | 55.00 | 54.00 | 0.343 times |
| 07 Thu Nov 2024 | 52.65 | 54.99 | 55.00 | 52.65 | 0.472 times |
| 06 Wed Nov 2024 | 51.62 | 55.00 | 55.00 | 51.50 | 0.16 times |
| 05 Tue Nov 2024 | 53.99 | 54.20 | 55.00 | 53.99 | 0.387 times |
| 04 Mon Nov 2024 | 53.70 | 55.00 | 55.00 | 51.00 | 3.78 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 51.2 as stoploss in an intra day buy trade for a target of 52.45. However, stock will show a bearish move below 51.2.
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 43.50 |
| Downside Target | 45.35 |
| Downside Target | 46.75 |
| Downside Target | 48.20 |
| Upside Target | 52.96 |
| Upside Target | 54.50 |
| Upside Target | 55.00 |
| Upside Target | 55.10 |
| Upside Target | 55.70 |
Intraday share price targets for Salem (Salem)
| Target Type | Value |
| Downside Intraday Target | 48.32 |
| Downside Intraday Target | 45.13 |
| Upside Intraday Target | 54.57 |
| Upside Intraday Target | 57.63 |
| Downside Intraday Target | 51.38 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Mon Nov 2024 | 51.50 | 54.45 | 54.45 | 48.20 | 0.098 times |
| 14 Thu Nov 2024 | 52.00 | 53.90 | 55.00 | 43.50 | 0.838 times |
| 08 Fri Nov 2024 | 54.10 | 55.00 | 55.00 | 51.00 | 4.117 times |
| 01 Fri Nov 2024 | 51.27 | 49.15 | 54.50 | 49.15 | 0.279 times |
| 25 Fri Oct 2024 | 50.15 | 53.50 | 54.00 | 50.00 | 0.229 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 |
| 18 Mon Nov 2024 | 51.50 | 54.50 | 55.00 | 43.50 | 0.339 times |
| 31 Thu Oct 2024 | 52.70 | 50.24 | 55.70 | 48.60 | 0.41 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 |
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 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 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 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 mid to longer 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
ADX buy sell signal for Salem stock for short term is SELL. Signal strength is Strong 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Salem in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 53.28 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 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 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 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 mid to longer 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
ADX buy sell signal for Salem stock for short term is SELL. Signal strength is Strong 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Salem in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 53.28 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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