(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 2024-12-12 View latest technical analysis
10 day averaged volume of Salem is 1386
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Thu Dec 2024 | 53.90 | 53.45 | 54.75 | 52.25 | 0.948 times |
| 11 Wed Dec 2024 | 54.66 | 55.20 | 55.20 | 52.60 | 0.57 times |
| 10 Tue Dec 2024 | 53.85 | 62.00 | 62.00 | 53.70 | 0.569 times |
| 09 Mon Dec 2024 | 53.10 | 53.93 | 55.00 | 52.65 | 0.247 times |
| 06 Fri Dec 2024 | 53.93 | 56.60 | 56.60 | 53.52 | 0.31 times |
| 05 Thu Dec 2024 | 55.49 | 52.00 | 59.50 | 52.00 | 3.606 times |
| 04 Wed Dec 2024 | 54.00 | 56.20 | 56.20 | 53.00 | 0.731 times |
| 03 Tue Dec 2024 | 54.71 | 53.10 | 56.40 | 53.00 | 0.741 times |
| 02 Mon Dec 2024 | 54.52 | 56.50 | 56.50 | 54.13 | 1.507 times |
| 29 Fri Nov 2024 | 56.55 | 52.01 | 59.70 | 52.01 | 0.846 times |
My analysis of stock is bullish for shortterm, and stock might move up till 54.9 or till 57. Use a stoploss of 53.16 and if this stock hits its stoploss, then it can fall down till 51.43
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 | 50.1 |
| Downside Intraday Target | 46.3 |
| Upside Intraday Target | 59.85 |
| Upside Intraday Target | 65.8 |
| Upside Intraday Target | 56.05 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Thu Dec 2024 | 53.90 | 53.93 | 62.00 | 52.25 | 0.338 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 |
| 12 Thu Dec 2024 | 53.90 | 56.50 | 62.00 | 52.00 | 0.815 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Salem ( (Salem) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 neutral. A longer time frame might give a better analysis.
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 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 coming down
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
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 54.87 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Salem ( (Salem) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 neutral. A longer time frame might give a better analysis.
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 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 coming down
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
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 54.87 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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