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(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 2025-05-28 View latest technical analysis

10 day averaged volume of Salem is 1341

Date Daily Closing Price Open High Low Volume
28 Wed May 2025 42.26 42.26 42.47 42.26 0.091 times
27 Tue May 2025 42.26 42.26 42.30 42.26 0.309 times
26 Mon May 2025 42.26 40.11 43.00 40.11 0.237 times
23 Fri May 2025 43.05 43.00 47.00 43.00 2.245 times
22 Thu May 2025 43.00 42.91 48.00 42.91 0.213 times
21 Wed May 2025 42.91 43.42 43.43 41.50 0.437 times
20 Tue May 2025 43.42 44.30 46.00 42.00 0.409 times
19 Mon May 2025 43.43 37.00 43.51 37.00 3.375 times
16 Fri May 2025 46.00 46.00 46.00 46.00 0.821 times
14 Wed May 2025 43.98 44.44 44.50 41.00 1.591 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 42.7, but if it comes above 42.7, then a intra day buy could be more profitable.
If you take a sell trade below 42.7, then use 42.7 as stoploss and 41.2 as target. However if you take a buy trade in stock , then use 42.7 as stoploss and 43.97 as target.

Share price targets for Salem (Salem)

Target Type Value
Downside Target 37.00
Downside Target 38.35
Downside Target 40.00
Downside Target 41.31
Upside Target 42.65
Upside Target 46.87
Upside Target 47.90
Upside Target 48.00
Upside Target 50.00
Upside Target 53.50
Upside Target 54.50
Upside Target 54.90

Intraday share price targets for Salem (Salem)

Target Type Value
Downside Intraday Target 40.58
Downside Intraday Target 38.9
Upside Intraday Target 43.47
Upside Intraday Target 44.68
Downside Intraday Target 41.79

Weekly technical analysis of Salem (Salem)

Date Weekly Closing Price Open High Low Volume
28 Wed May 2025 42.26 40.11 43.00 40.11 0.095 times
23 Fri May 2025 43.05 37.00 48.00 37.00 1.16 times
16 Fri May 2025 46.00 42.90 47.00 40.03 20.93 times
09 Fri May 2025 45.34 45.48 46.87 38.35 0.11 times
02 Fri May 2025 45.48 46.85 47.90 41.31 3.142 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
28 Wed May 2025 42.26 44.00 48.00 37.00 1.637 times
30 Wed Apr 2025 43.98 40.36 53.50 40.36 0.96 times
28 Fri Mar 2025 45.00 47.00 54.50 40.00 0.534 times
28 Fri Feb 2025 44.16 46.30 50.00 38.72 1.567 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 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 43.54 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 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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 43.54 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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Daily charts

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