(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 2024-12-06 View latest technical analysis
10 day averaged volume of Salem is 1333
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Fri Dec 2024 | 53.93 | 56.60 | 56.60 | 53.52 | 0.323 times |
| 05 Thu Dec 2024 | 55.49 | 52.00 | 59.50 | 52.00 | 3.749 times |
| 04 Wed Dec 2024 | 54.00 | 56.20 | 56.20 | 53.00 | 0.76 times |
| 03 Tue Dec 2024 | 54.71 | 53.10 | 56.40 | 53.00 | 0.77 times |
| 02 Mon Dec 2024 | 54.52 | 56.50 | 56.50 | 54.13 | 1.567 times |
| 29 Fri Nov 2024 | 56.55 | 52.01 | 59.70 | 52.01 | 0.879 times |
| 28 Thu Nov 2024 | 52.01 | 51.84 | 54.91 | 51.84 | 0.907 times |
| 27 Wed Nov 2024 | 51.84 | 53.00 | 55.01 | 51.00 | 0.746 times |
| 26 Tue Nov 2024 | 53.00 | 53.00 | 53.00 | 52.02 | 0.102 times |
| 25 Mon Nov 2024 | 51.03 | 51.00 | 52.00 | 51.00 | 0.04 times |
My analysis of stock is bullish for shortterm, and stock might move up till 54.8 or till 56.8. Use a stoploss of 53.09 and if this stock hits its stoploss, then it can fall down till 51.38
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 |
| Upside Target | 55.00 |
| Upside Target | 55.70 |
| Upside Target | 58.00 |
| Upside Target | 59.50 |
| Upside Target | 59.70 |
Intraday share price targets for Salem (Salem)
| Target Type | Value |
| Downside Intraday Target | 50.79 |
| Downside Intraday Target | 47.64 |
| Upside Intraday Target | 58.29 |
| Upside Intraday Target | 62.64 |
| Upside Intraday Target | 55.14 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Fri Dec 2024 | 53.93 | 56.50 | 59.50 | 52.00 | 2.681 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Salem (Salem)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Fri Dec 2024 | 53.93 | 56.50 | 59.50 | 52.00 | 0.609 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 Strong and stock is losing 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. Bears are getting stronger in this stock.
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 and selling is picking up 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 54.56 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 Strong and stock is losing 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. Bears are getting stronger in this stock.
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 and selling is picking up 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 54.56 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 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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