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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)

10 day averaged volume of Salem is 583

Date Daily Closing Price Open High Low Volume
07 Fri Feb 2025 47.01 47.08 47.31 46.95 0.053 times
06 Thu Feb 2025 47.31 47.64 48.50 46.52 0.822 times
05 Wed Feb 2025 48.86 48.88 48.88 48.86 0.889 times
04 Tue Feb 2025 48.88 48.88 48.88 48.88 0.002 times
03 Mon Feb 2025 48.88 46.30 49.00 46.30 0.045 times
31 Fri Jan 2025 47.38 49.99 49.99 47.00 1.604 times
30 Thu Jan 2025 46.05 49.47 49.47 46.00 1.528 times
29 Wed Jan 2025 48.99 46.00 48.99 46.00 0.244 times
28 Tue Jan 2025 46.00 46.95 46.95 46.00 0.065 times
27 Mon Jan 2025 46.95 46.01 50.00 46.01 1.533 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 47.1, but if it comes above 47.1, then a intra day buy could be more profitable.
If you take a sell trade below 47.1, then use 47.1 as stoploss and 45.1 as target. However if you take a buy trade in stock , then use 47.1 as stoploss and 48.7 as target.

Share price targets for Salem (Salem)

Target Type Value
Downside Target 42.65
Downside Target 45.00
Downside Target 46.00
Upside 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 45.87
Downside Intraday Target 44.74
Upside Intraday Target 48.57
Upside Intraday Target 50.14
Upside Intraday Target 47.44

Weekly technical analysis of Salem (Salem)

Date Weekly Closing Price Open High Low Volume
07 Fri Feb 2025 47.01 46.30 49.00 46.30 0.364 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 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
07 Fri Feb 2025 47.01 46.30 49.00 46.30 0.077 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 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 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 short 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Salem stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Salem in short term but the buy signal is initial and weak.

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 SELL signal for Salem in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 47.22 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 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 short 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Salem stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Salem in short term but the buy signal is initial and weak.

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 SELL signal for Salem in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 47.22 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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