(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 2024-12-31 View latest technical analysis
10 day averaged volume of Salem is 1140
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Tue Dec 2024 | 52.98 | 53.00 | 53.00 | 50.00 | 0.371 times |
| 30 Mon Dec 2024 | 49.05 | 49.00 | 53.76 | 49.00 | 1.147 times |
| 27 Fri Dec 2024 | 49.84 | 50.01 | 50.01 | 48.50 | 0.769 times |
| 26 Thu Dec 2024 | 50.09 | 49.00 | 53.90 | 49.00 | 0.418 times |
| 24 Tue Dec 2024 | 51.88 | 53.50 | 54.50 | 50.00 | 0.107 times |
| 23 Mon Dec 2024 | 52.45 | 53.74 | 53.74 | 50.00 | 0.302 times |
| 20 Fri Dec 2024 | 49.49 | 53.10 | 54.00 | 48.00 | 4.889 times |
| 19 Thu Dec 2024 | 53.10 | 54.25 | 54.25 | 53.00 | 1.226 times |
| 18 Wed Dec 2024 | 54.55 | 54.65 | 54.65 | 53.00 | 0.333 times |
| 17 Tue Dec 2024 | 53.58 | 53.50 | 54.50 | 53.50 | 0.504 times |
My analysis of stock is bearish for shortterm, and stock might move down till 51.1 or till 48.8. Use a stoploss of 53 and if the stock hits stoploss, then it can shoot up till 54.91
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 43.50 |
| Downside Target | 45.35 |
| Downside Target | 48.00 |
| Downside Target | 50.01 |
| Downside Target | 52.00 |
| Upside Target | 53.76 |
| Upside Target | 55.70 |
| Upside Target | 55.90 |
| 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 | 50.07 |
| Downside Intraday Target | 47.15 |
| Upside Intraday Target | 54.83 |
| Upside Intraday Target | 56.67 |
| Downside Intraday Target | 51.91 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Tue Dec 2024 | 52.98 | 49.00 | 53.76 | 49.00 | 0.951 times |
| 27 Fri Dec 2024 | 49.84 | 53.74 | 54.50 | 48.50 | 0.22 times |
| 20 Fri Dec 2024 | 49.49 | 55.90 | 55.90 | 48.00 | 2.482 times |
| 13 Fri Dec 2024 | 54.00 | 53.93 | 62.00 | 52.25 | 0.349 times |
| 06 Fri Dec 2024 | 53.93 | 56.50 | 59.50 | 52.00 | 2.681 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 |
| 31 Tue Dec 2024 | 52.98 | 56.50 | 62.00 | 48.00 | 1.575 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, and volume has increased substantially. This means that the move can 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 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 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Salem in short term and the sell 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. Bears are weakening, and bulls are picking up momentum!
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 BUY signal in short term and the buying is gaining 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 50.55 and Salem (Salem) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Salem in short term and the sell 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. Bears are weakening, and bulls are picking up momentum!
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 BUY signal in short term and the buying is gaining 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 50.55 and Salem (Salem) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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