(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 2024-11-25 View latest technical analysis
10 day averaged volume of Salem is 819
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Mon Nov 2024 | 51.03 | 51.00 | 52.00 | 51.00 | 0.065 times |
| 22 Fri Nov 2024 | 51.00 | 54.00 | 54.00 | 50.00 | 0.781 times |
| 21 Thu Nov 2024 | 53.00 | 47.00 | 54.49 | 47.00 | 2.618 times |
| 19 Tue Nov 2024 | 49.04 | 58.00 | 58.00 | 49.01 | 1.128 times |
| 18 Mon Nov 2024 | 51.50 | 54.45 | 54.45 | 48.20 | 0.416 times |
| 14 Thu Nov 2024 | 52.00 | 53.50 | 55.00 | 43.50 | 1.68 times |
| 13 Wed Nov 2024 | 54.00 | 54.90 | 54.90 | 54.00 | 0.132 times |
| 12 Tue Nov 2024 | 54.00 | 55.00 | 55.00 | 52.20 | 1.536 times |
| 11 Mon Nov 2024 | 53.44 | 53.90 | 54.00 | 52.01 | 0.904 times |
| 08 Fri Nov 2024 | 54.10 | 55.00 | 55.00 | 54.00 | 0.338 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 50.8 as stoploss in an intra day buy trade for a target of 52.23. However, stock will show a bearish move below 50.8.
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 |
| Upside Target | 54.50 |
| 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 | 50.69 |
| Downside Intraday Target | 50.34 |
| Upside Intraday Target | 51.69 |
| Upside Intraday Target | 52.34 |
| Upside Intraday Target | 51.34 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Mon Nov 2024 | 51.03 | 51.00 | 52.00 | 51.00 | 0.013 times |
| 22 Fri Nov 2024 | 51.00 | 54.45 | 58.00 | 47.00 | 1.163 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 |
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 |
| 25 Mon Nov 2024 | 51.03 | 54.50 | 58.00 | 43.50 | 0.491 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 and the sell 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 stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 and selling is picking up 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 52.37 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
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 and the sell 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 stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 and selling is picking up 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 52.37 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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