(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 2024-11-21 View latest technical analysis
10 day averaged volume of Salem is 585
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 53.00 | 47.00 | 54.49 | 47.00 | 3.665 times |
| 19 Tue Nov 2024 | 49.04 | 58.00 | 58.00 | 49.01 | 1.579 times |
| 18 Mon Nov 2024 | 51.50 | 54.45 | 54.45 | 48.20 | 0.583 times |
| 14 Thu Nov 2024 | 52.00 | 53.50 | 55.00 | 43.50 | 2.352 times |
| 13 Wed Nov 2024 | 54.00 | 54.90 | 54.90 | 54.00 | 0.185 times |
| 12 Tue Nov 2024 | 54.00 | 55.00 | 55.00 | 52.20 | 2.15 times |
| 11 Mon Nov 2024 | 53.44 | 53.90 | 54.00 | 52.01 | 1.265 times |
| 08 Fri Nov 2024 | 54.10 | 55.00 | 55.00 | 54.00 | 0.474 times |
| 07 Thu Nov 2024 | 52.65 | 54.99 | 55.00 | 52.65 | 0.651 times |
| 06 Wed Nov 2024 | 51.62 | 55.00 | 55.00 | 51.50 | 0.221 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 stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 53.7 as stoploss in an intra day sell trade for a target of 52.26. However, stock will show a bullish move above 53.7.
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 43.50 |
| Downside Target | 45.35 |
| Downside Target | 46.75 |
| Downside Target | 48.60 |
| Downside Target | 52.96 |
| Upside Target | 55.00 |
| Upside Target | 55.10 |
| Upside Target | 55.70 |
| Upside Target | 58.00 |
Intraday share price targets for Salem (Salem)
| Target Type | Value |
| Downside Intraday Target | 47.33 |
| Downside Intraday Target | 41.67 |
| Upside Intraday Target | 58.33 |
| Upside Intraday Target | 63.67 |
| Downside Intraday Target | 52.67 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Nov 2024 | 53.00 | 54.45 | 58.00 | 47.00 | 0.979 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 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 |
| 21 Thu Nov 2024 | 53.00 | 54.50 | 58.00 | 43.50 | 0.463 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 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 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 to mid 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 mid to longer 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.
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.
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 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 moving up
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 but selling is losing 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 52.5 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 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 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 to mid 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 mid to longer 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.
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.
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 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 moving up
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 but selling is losing 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 52.5 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 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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