(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 2025-01-13 View latest technical analysis
10 day averaged volume of Salem is 718
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Mon Jan 2025 | 51.00 | 47.00 | 52.49 | 47.00 | 2.201 times |
| 10 Fri Jan 2025 | 52.00 | 52.99 | 52.99 | 52.00 | 0.23 times |
| 08 Wed Jan 2025 | 52.99 | 53.88 | 53.88 | 52.54 | 0.788 times |
| 07 Tue Jan 2025 | 50.46 | 54.90 | 54.90 | 50.30 | 1.331 times |
| 06 Mon Jan 2025 | 52.50 | 53.00 | 53.00 | 52.50 | 0.216 times |
| 03 Fri Jan 2025 | 49.89 | 42.65 | 51.00 | 42.65 | 2.826 times |
| 02 Thu Jan 2025 | 52.98 | 53.00 | 53.00 | 52.98 | 0.962 times |
| 01 Wed Jan 2025 | 52.69 | 53.00 | 53.00 | 52.69 | 0.015 times |
| 31 Tue Dec 2024 | 52.98 | 53.00 | 53.00 | 50.00 | 0.589 times |
| 30 Mon Dec 2024 | 49.05 | 49.00 | 53.76 | 49.00 | 1.822 times |
Stock of Salem (Salem) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 50.3 as stoploss in an intra day buy trade for a target of 52.05. However, stock will show a bearish move below 50.3.
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 42.65 |
| Downside Target | 47.00 |
| Downside Target | 48.00 |
| Downside Target | 50.01 |
| Upside Target | 52.49 |
| Upside Target | 53.76 |
| Upside Target | 54.90 |
| Upside Target | 55.70 |
| Upside Target | 55.90 |
| Upside Target | 59.70 |
| Upside Target | 62.00 |
Intraday share price targets for Salem (Salem)
| Target Type | Value |
| Downside Intraday Target | 47.84 |
| Downside Intraday Target | 44.67 |
| Upside Intraday Target | 53.33 |
| Upside Intraday Target | 55.65 |
| Downside Intraday Target | 50.16 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Mon Jan 2025 | 51.00 | 47.00 | 52.49 | 47.00 | 0.858 times |
| 10 Fri Jan 2025 | 52.00 | 53.00 | 54.90 | 50.30 | 0.413 times |
| 03 Fri Jan 2025 | 49.89 | 49.00 | 53.76 | 42.65 | 2.452 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 |
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 |
| 13 Mon Jan 2025 | 51.00 | 53.00 | 54.90 | 42.65 | 0.249 times |
| 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 |
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 neutral. A longer time frame might give a better analysis.
Price action analysis of Salem ( (Salem) ) based on a short to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Salem in short term but the buy signal is initial and weak.
Salem Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 BUY signal in short term and the buying is gaining 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 50.8 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 negative.
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 neutral. A longer time frame might give a better analysis.
Price action analysis of Salem ( (Salem) ) based on a short to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Salem in short term but the buy signal is initial and weak.
Salem Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 BUY signal in short term and the buying is gaining 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 50.8 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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