(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)
10 day averaged volume of Salem is 875
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Wed Sep 2023 | 41.00 | 43.50 | 43.50 | 41.00 | 0.064 times |
| 18 Mon Sep 2023 | 37.85 | 40.90 | 40.90 | 37.00 | 0.523 times |
| 15 Fri Sep 2023 | 40.08 | 39.00 | 42.50 | 39.00 | 0.719 times |
| 14 Thu Sep 2023 | 41.33 | 41.40 | 41.40 | 38.10 | 0.274 times |
| 13 Wed Sep 2023 | 40.98 | 43.45 | 43.45 | 36.90 | 0.755 times |
| 12 Tue Sep 2023 | 41.08 | 40.60 | 42.80 | 40.50 | 0.858 times |
| 11 Mon Sep 2023 | 43.50 | 40.00 | 44.00 | 40.00 | 0.579 times |
| 08 Fri Sep 2023 | 42.00 | 42.60 | 42.60 | 41.49 | 4.239 times |
| 07 Thu Sep 2023 | 40.50 | 42.60 | 42.60 | 40.10 | 0.366 times |
| 06 Wed Sep 2023 | 40.44 | 41.00 | 42.60 | 40.40 | 0.959 times |
My analysis of stock is bearish for shortterm, and stock might move down till 40.2 or till 38.7. Use a stoploss of 41.4 and if the stock hits stoploss, then it can shoot up till 42.64
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 35.00 |
| Downside Target | 36.00 |
| Downside Target | 36.90 |
| Downside Target | 39.00 |
| Downside Target | 40.00 |
| Downside Target | 41.00 |
| Upside Target | 42.00 |
| Upside Target | 43.50 |
| Upside Target | 43.90 |
| Upside Target | 44.00 |
| Upside Target | 45.00 |
Intraday share price targets for Salem (Salem)
| Target Type | Value |
| Downside Intraday Target | 37.5 |
| Downside Intraday Target | 34 |
| Upside Intraday Target | 44 |
| Upside Intraday Target | 47 |
| Downside Intraday Target | 40.5 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Wed Sep 2023 | 41.00 | 40.90 | 43.50 | 37.00 | 0.184 times |
| 15 Fri Sep 2023 | 40.08 | 40.00 | 44.00 | 36.90 | 0.379 times |
| 08 Fri Sep 2023 | 42.00 | 43.90 | 43.90 | 37.35 | 3.057 times |
| 01 Fri Sep 2023 | 41.50 | 40.20 | 43.00 | 40.00 | 0.372 times |
| 25 Fri Aug 2023 | 41.90 | 39.20 | 45.00 | 39.00 | 5.067 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 |
| 20 Wed Sep 2023 | 41.00 | 42.99 | 44.00 | 36.90 | 0.696 times |
| 31 Thu Aug 2023 | 43.00 | 39.90 | 45.00 | 37.00 | 1.264 times |
| 31 Mon Jul 2023 | 39.95 | 39.00 | 42.30 | 35.20 | 0.866 times |
| 30 Fri Jun 2023 | 39.00 | 40.68 | 41.00 | 36.00 | 1.509 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 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 to mid 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 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 but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Salem in short term and BUY 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
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 41.3 and Salem (Salem) stock is trading below this level. This means that stock is falling with high volumes. 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 positive
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 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 to mid 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 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 but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Salem in short term and BUY 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
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 41.3 and Salem (Salem) stock is trading below this level. This means that stock is falling with high volumes. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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