(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 2024-12-04 View latest technical analysis
10 day averaged volume of Salem is 1039
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Wed Dec 2024 | 54.00 | 56.20 | 56.20 | 53.00 | 0.975 times |
| 03 Tue Dec 2024 | 54.71 | 53.10 | 56.40 | 53.00 | 0.988 times |
| 02 Mon Dec 2024 | 54.52 | 56.50 | 56.50 | 54.13 | 2.011 times |
| 29 Fri Nov 2024 | 56.55 | 52.01 | 59.70 | 52.01 | 1.128 times |
| 28 Thu Nov 2024 | 52.01 | 51.84 | 54.91 | 51.84 | 1.164 times |
| 27 Wed Nov 2024 | 51.84 | 53.00 | 55.01 | 51.00 | 0.958 times |
| 26 Tue Nov 2024 | 53.00 | 53.00 | 53.00 | 52.02 | 0.131 times |
| 25 Mon Nov 2024 | 51.03 | 51.00 | 52.00 | 51.00 | 0.051 times |
| 22 Fri Nov 2024 | 51.00 | 54.00 | 54.00 | 50.00 | 0.616 times |
| 21 Thu Nov 2024 | 53.00 | 47.00 | 54.49 | 47.00 | 2.064 times |
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 54.5 as stoploss in an intra day sell trade for a target of 52.9. However, stock will show a bullish move above 54.5.
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 43.50 |
| Downside Target | 45.35 |
| Downside Target | 47.00 |
| Downside Target | 48.60 |
| Downside Target | 50.01 |
| Downside Target | 53.00 |
| Upside Target | 55.00 |
| Upside Target | 55.70 |
| Upside Target | 56.50 |
| Upside Target | 58.00 |
| Upside Target | 59.70 |
Intraday share price targets for Salem (Salem)
| Target Type | Value |
| Downside Intraday Target | 52.5 |
| Downside Intraday Target | 51 |
| Upside Intraday Target | 56 |
| Upside Intraday Target | 58 |
| Upside Intraday Target | 54.5 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Wed Dec 2024 | 54.00 | 56.50 | 56.50 | 53.00 | 1.158 times |
| 29 Fri Nov 2024 | 56.55 | 51.00 | 59.70 | 51.00 | 0.88 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 |
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 |
| 04 Wed Dec 2024 | 54.00 | 56.50 | 56.50 | 53.00 | 0.263 times |
| 29 Fri Nov 2024 | 56.55 | 54.50 | 59.70 | 43.50 | 0.632 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 |
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 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 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 BUY. 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.
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 green color and prices are above 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 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 53.61 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 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 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 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 BUY. 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.
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 green color and prices are above 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 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 53.61 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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