(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 2024-01-10 View latest technical analysis
10 day averaged volume of Salem is 2784
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Wed Jan 2024 | 44.06 | 46.50 | 46.50 | 42.30 | 5.234 times |
| 09 Tue Jan 2024 | 42.91 | 43.85 | 43.85 | 40.60 | 0.625 times |
| 08 Mon Jan 2024 | 42.40 | 42.00 | 42.45 | 39.80 | 0.403 times |
| 05 Fri Jan 2024 | 43.37 | 43.38 | 43.38 | 42.15 | 0.181 times |
| 04 Thu Jan 2024 | 43.39 | 45.49 | 45.50 | 41.20 | 3.082 times |
| 03 Wed Jan 2024 | 41.40 | 43.64 | 43.64 | 40.80 | 1.375 times |
| 02 Tue Jan 2024 | 42.50 | 44.00 | 44.00 | 40.80 | 1.61 times |
| 01 Mon Jan 2024 | 41.48 | 41.50 | 42.40 | 40.00 | 1.42 times |
| 29 Fri Dec 2023 | 40.00 | 40.60 | 41.98 | 39.45 | 0.795 times |
| 28 Thu Dec 2023 | 41.88 | 42.90 | 43.00 | 40.50 | 0.248 times |
Stock of Salem (Salem) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 44.3, for a target of 42.8 or 41.64
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 35.01 |
| Downside Target | 36.90 |
| Downside Target | 39.00 |
| Downside Target | 42.00 |
| Downside Target | 43.00 |
| Downside Target | 43.45 |
| Upside Target | 44.95 |
| Upside Target | 45.50 |
| Upside Target | 45.80 |
| Upside Target | 46.50 |
Intraday share price targets for Salem (Salem)
| Target Type | Value |
| Downside Intraday Target | 40.41 |
| Downside Intraday Target | 36.75 |
| Upside Intraday Target | 47.11 |
| Upside Intraday Target | 50.15 |
| Downside Intraday Target | 43.45 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Wed Jan 2024 | 44.06 | 42.00 | 46.50 | 39.80 | 0.817 times |
| 05 Fri Jan 2024 | 43.37 | 41.50 | 45.50 | 40.00 | 3.675 times |
| 29 Fri Dec 2023 | 40.00 | 42.73 | 43.00 | 39.45 | 0.342 times |
| 22 Fri Dec 2023 | 41.89 | 40.60 | 42.50 | 38.15 | 3.659 times |
| 15 Fri Dec 2023 | 40.85 | 41.89 | 45.80 | 39.00 | 1.493 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 |
| 10 Wed Jan 2024 | 44.06 | 41.50 | 46.50 | 39.80 | 1.223 times |
| 29 Fri Dec 2023 | 40.00 | 40.90 | 45.80 | 37.60 | 2.778 times |
| 30 Thu Nov 2023 | 39.45 | 40.40 | 42.00 | 37.49 | 0.826 times |
| 31 Tue Oct 2023 | 39.28 | 41.11 | 43.45 | 35.01 | 0.44 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 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Salem ( (Salem) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Salem stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Salem in short term and the buy signal is strong.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 42.91 and Salem (Salem) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Salem ( (Salem) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Salem stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Salem in short term and the buy signal is strong.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 42.91 and Salem (Salem) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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