(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 2025-01-23 View latest technical analysis
10 day averaged volume of Salem is 584
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu Jan 2025 | 49.50 | 48.20 | 49.50 | 48.20 | 0.315 times |
| 22 Wed Jan 2025 | 50.85 | 50.85 | 50.85 | 50.85 | 0.084 times |
| 20 Mon Jan 2025 | 50.89 | 50.93 | 50.93 | 47.30 | 0.502 times |
| 17 Fri Jan 2025 | 49.93 | 48.36 | 49.95 | 48.36 | 0.104 times |
| 16 Thu Jan 2025 | 48.36 | 48.85 | 48.85 | 48.30 | 0.207 times |
| 15 Wed Jan 2025 | 48.85 | 48.30 | 48.85 | 48.00 | 0.092 times |
| 14 Tue Jan 2025 | 48.30 | 50.00 | 50.00 | 45.00 | 3.409 times |
| 13 Mon Jan 2025 | 51.00 | 47.00 | 52.49 | 47.00 | 2.705 times |
| 10 Fri Jan 2025 | 52.00 | 52.99 | 52.99 | 52.00 | 0.283 times |
| 08 Wed Jan 2025 | 52.99 | 53.88 | 53.88 | 52.54 | 0.969 times |
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 49.2 as stoploss in an intra day buy trade for a target of 50.75. However, stock will show a bearish move below 49.2.
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 42.65 |
| Downside Target | 45.00 |
| Downside Target | 47.30 |
| Upside Target | 50.01 |
| Upside Target | 52.49 |
| Upside Target | 53.76 |
| Upside Target | 54.50 |
| Upside Target | 54.90 |
| Upside Target | 55.70 |
| Upside Target | 59.70 |
| Upside Target | 62.00 |
Intraday share price targets for Salem (Salem)
| Target Type | Value |
| Downside Intraday Target | 47.56 |
| Downside Intraday Target | 45.61 |
| Upside Intraday Target | 51.19 |
| Upside Intraday Target | 52.87 |
| Downside Intraday Target | 49.24 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu Jan 2025 | 49.50 | 50.93 | 50.93 | 47.30 | 0.138 times |
| 17 Fri Jan 2025 | 49.93 | 47.00 | 52.49 | 45.00 | 2.067 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 |
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 |
| 23 Thu Jan 2025 | 49.50 | 53.00 | 54.90 | 42.65 | 0.36 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 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Salem stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Salem in short term and the sell 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. Bulls are getting tired and bears are picking up momentum.
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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 50.03 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 has given negative 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 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Salem stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Salem in short term and the sell 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. Bulls are getting tired and bears are picking up momentum.
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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 50.03 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 has given negative 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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