(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 2024-01-12 View latest technical analysis
10 day averaged volume of Salem is 4154
Date | Daily Closing Price | Open | High | Low | Volume |
12 Fri Jan 2024 | 46.83 | 42.10 | 47.98 | 42.10 | 4.618 times |
11 Thu Jan 2024 | 43.95 | 44.40 | 44.40 | 42.91 | 0.132 times |
10 Wed Jan 2024 | 44.06 | 46.50 | 46.50 | 42.30 | 3.508 times |
09 Tue Jan 2024 | 42.91 | 43.85 | 43.85 | 40.60 | 0.419 times |
08 Mon Jan 2024 | 42.40 | 42.00 | 42.45 | 39.80 | 0.27 times |
05 Fri Jan 2024 | 43.37 | 43.38 | 43.38 | 42.15 | 0.122 times |
04 Thu Jan 2024 | 43.39 | 45.49 | 45.50 | 41.20 | 2.065 times |
03 Wed Jan 2024 | 41.40 | 43.64 | 43.64 | 40.80 | 0.922 times |
02 Tue Jan 2024 | 42.50 | 44.00 | 44.00 | 40.80 | 1.079 times |
01 Mon Jan 2024 | 41.48 | 41.50 | 42.40 | 40.00 | 0.952 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 45.7, for a target of 43.7 or 42.07
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 |
Downside Target | 44.95 |
Downside Target | 45.50 |
Downside Target | 45.80 |
Upside Target | 47.98 |
Intraday share price targets for Salem (Salem)
Target Type | Value |
Downside Intraday Target | 41.76 |
Downside Intraday Target | 36.69 |
Upside Intraday Target | 49.94 |
Upside Intraday Target | 53.05 |
Downside Intraday Target | 44.87 |
Weekly technical analysis of Salem (Salem)
Date | Weekly Closing Price | Open | High | Low | Volume |
12 Fri Jan 2024 | 46.83 | 42.00 | 47.98 | 39.80 | 1.741 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Salem (Salem)
Date | Monthly Closing Price | Open | High | Low | Volume |
12 Fri Jan 2024 | 46.83 | 41.50 | 47.98 | 39.80 | 1.845 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, 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 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 short 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 44.33 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 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 short 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 44.33 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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