(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 2025-02-03 View latest technical analysis
10 day averaged volume of Salem is 540
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Mon Feb 2025 | 48.88 | 46.30 | 49.00 | 46.30 | 0.048 times |
| 31 Fri Jan 2025 | 47.38 | 49.99 | 49.99 | 47.00 | 1.731 times |
| 30 Thu Jan 2025 | 46.05 | 49.47 | 49.47 | 46.00 | 1.65 times |
| 29 Wed Jan 2025 | 48.99 | 46.00 | 48.99 | 46.00 | 0.263 times |
| 28 Tue Jan 2025 | 46.00 | 46.95 | 46.95 | 46.00 | 0.07 times |
| 27 Mon Jan 2025 | 46.95 | 46.01 | 50.00 | 46.01 | 1.656 times |
| 24 Fri Jan 2025 | 48.01 | 50.95 | 50.95 | 47.50 | 3.533 times |
| 23 Thu Jan 2025 | 49.50 | 48.20 | 49.50 | 48.20 | 0.341 times |
| 22 Wed Jan 2025 | 50.85 | 50.85 | 50.85 | 50.85 | 0.091 times |
| 20 Mon Jan 2025 | 50.89 | 50.93 | 50.93 | 47.30 | 0.543 times |
My analysis of stock is bearish for shortterm, and stock might move down till 47.4 or till 45.1. Use a stoploss of 49.39 and if the stock hits stoploss, then it can shoot up till 51.33
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 | 50.95 |
| Upside Target | 52.49 |
| 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 | 47.12 |
| Downside Intraday Target | 45.36 |
| Upside Intraday Target | 49.82 |
| Upside Intraday Target | 50.76 |
| Downside Intraday Target | 48.06 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Mon Feb 2025 | 48.88 | 46.30 | 49.00 | 46.30 | 0.009 times |
| 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 |
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 |
| 03 Mon Feb 2025 | 48.88 | 46.30 | 49.00 | 46.30 | 0.002 times |
| 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 |
Scroll below to view daily charts
Price has moved up 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 red color and prices are in or above the red cloud Prices appear to be moving up
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 47.65 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 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 red color and prices are in or above the red cloud Prices appear to be moving up
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 47.65 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 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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