(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 2025-01-31 View latest technical analysis
10 day averaged volume of Salem is 458
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri Jan 2025 | 47.38 | 49.99 | 49.99 | 47.00 | 2.041 times |
| 30 Thu Jan 2025 | 46.05 | 49.47 | 49.47 | 46.00 | 1.945 times |
| 29 Wed Jan 2025 | 48.99 | 46.00 | 48.99 | 46.00 | 0.31 times |
| 28 Tue Jan 2025 | 46.00 | 46.95 | 46.95 | 46.00 | 0.083 times |
| 27 Mon Jan 2025 | 46.95 | 46.01 | 50.00 | 46.01 | 1.952 times |
| 24 Fri Jan 2025 | 48.01 | 50.95 | 50.95 | 47.50 | 4.166 times |
| 23 Thu Jan 2025 | 49.50 | 48.20 | 49.50 | 48.20 | 0.402 times |
| 22 Wed Jan 2025 | 50.85 | 50.85 | 50.85 | 50.85 | 0.107 times |
| 20 Mon Jan 2025 | 50.89 | 50.93 | 50.93 | 47.30 | 0.64 times |
| 17 Fri Jan 2025 | 49.93 | 48.36 | 49.95 | 48.36 | 0.133 times |
Stock of Salem (Salem) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 47.5, but if it comes above 47.5, then a intra day buy could be more profitable.
If you take a sell trade below 47.5, then use 47.5 as stoploss and 45 as target. However if you take a buy trade in stock , then use 47.5 as stoploss and 49.59 as target.
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 42.65 |
| Downside Target | 45.00 |
| Downside Target | 46.00 |
| Downside Target | 47.30 |
| Upside Target | 50.00 |
| Upside Target | 52.49 |
| Upside Target | 53.76 |
| 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 | 45.59 |
| Downside Intraday Target | 43.79 |
| Upside Intraday Target | 49.59 |
| Upside Intraday Target | 51.79 |
| Upside Intraday Target | 47.79 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri Jan 2025 | 47.38 | 46.01 | 50.00 | 46.00 | 1.191 times |
| 24 Fri Jan 2025 | 48.01 | 50.93 | 50.95 | 47.30 | 0.639 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 |
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 |
| 31 Fri Jan 2025 | 47.38 | 53.00 | 54.90 | 42.65 | 0.555 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 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 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Salem ( (Salem) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Salem stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Salem in short term and the sell signal is strong.
Salem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Salem in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 47.67 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 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 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Salem ( (Salem) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Salem stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Salem in short term and the sell signal is strong.
Salem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Salem in short term but BUY signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 47.67 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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