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(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 2024-12-10 View latest technical analysis

10 day averaged volume of Salem is 1341

Date Daily Closing Price Open High Low Volume
10 Tue Dec 2024 53.85 62.00 62.00 53.70 0.588 times
09 Mon Dec 2024 53.10 53.93 55.00 52.65 0.255 times
06 Fri Dec 2024 53.93 56.60 56.60 53.52 0.321 times
05 Thu Dec 2024 55.49 52.00 59.50 52.00 3.727 times
04 Wed Dec 2024 54.00 56.20 56.20 53.00 0.755 times
03 Tue Dec 2024 54.71 53.10 56.40 53.00 0.766 times
02 Mon Dec 2024 54.52 56.50 56.50 54.13 1.558 times
29 Fri Nov 2024 56.55 52.01 59.70 52.01 0.874 times
28 Thu Nov 2024 52.01 51.84 54.91 51.84 0.902 times
27 Wed Nov 2024 51.84 53.00 55.01 51.00 0.742 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 53.1 and if this stock hits its stoploss, then it can fall down till 51.4

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
Upside Target 62.00

Intraday share price targets for Salem (Salem)

Target Type Value
Downside Intraday Target 50.33
Downside Intraday Target 46.82
Upside Intraday Target 59.68
Upside Intraday Target 65.52
Upside Intraday Target 56.17

Weekly technical analysis of Salem (Salem)

Date Weekly Closing Price Open High Low Volume
10 Tue Dec 2024 53.85 53.93 62.00 52.65 0.118 times
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

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
10 Tue Dec 2024 53.85 56.50 62.00 52.00 0.681 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 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 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 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 gaining momentum.

MACD generated a BUY signal for Salem in short term and the buy signal is strong.

Salem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 buy signal for Salem in short term and BUY 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

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 54.51 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 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 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 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 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 gaining momentum.

MACD generated a BUY signal for Salem in short term and the buy signal is strong.

Salem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 buy signal for Salem in short term and BUY 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

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 54.51 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 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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Daily charts

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