(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 2024-01-30 View latest technical analysis
10 day averaged volume of Salem is 2873
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Tue Jan 2024 | 46.13 | 45.00 | 48.90 | 45.00 | 3.033 times |
| 29 Mon Jan 2024 | 45.45 | 46.90 | 46.90 | 45.05 | 1.483 times |
| 25 Thu Jan 2024 | 44.42 | 47.25 | 47.25 | 43.00 | 0.248 times |
| 24 Wed Jan 2024 | 44.00 | 48.70 | 48.70 | 44.00 | 0.431 times |
| 23 Tue Jan 2024 | 44.33 | 44.31 | 46.39 | 44.31 | 0.202 times |
| 22 Mon Jan 2024 | 45.20 | 45.99 | 46.94 | 44.50 | 0.17 times |
| 19 Fri Jan 2024 | 45.99 | 46.35 | 47.70 | 44.21 | 0.541 times |
| 18 Thu Jan 2024 | 45.77 | 47.39 | 47.39 | 43.52 | 0.349 times |
| 17 Wed Jan 2024 | 45.92 | 47.49 | 47.49 | 43.72 | 0.79 times |
| 16 Tue Jan 2024 | 45.12 | 48.40 | 48.40 | 45.00 | 1.442 times |
Stock of Salem (Salem) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 46.1, but if it comes below 46.1, then a intra day sell could be more profitable.
If you take a sell trade below 46.1, then use 46.1 as stoploss and 44.53 as target. However if you take a buy trade in stock , then use 46.1 as stoploss and 47.9 as target.
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 35.01 |
| Downside Target | 36.90 |
| Downside Target | 39.80 |
| Downside Target | 42.00 |
| Downside Target | 43.00 |
| Downside Target | 44.95 |
| Downside Target | 45.50 |
| Downside Target | 45.80 |
| Upside Target | 47.98 |
| Upside Target | 48.70 |
| Upside Target | 48.90 |
| Upside Target | 50.70 |
Intraday share price targets for Salem (Salem)
| Target Type | Value |
| Downside Intraday Target | 44.45 |
| Downside Intraday Target | 42.78 |
| Upside Intraday Target | 48.35 |
| Upside Intraday Target | 50.58 |
| Upside Intraday Target | 46.68 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Tue Jan 2024 | 46.13 | 46.90 | 48.90 | 45.00 | 4.296 times |
| 25 Thu Jan 2024 | 44.42 | 45.99 | 48.70 | 43.00 | 0.141 times |
| 19 Fri Jan 2024 | 45.99 | 46.83 | 50.70 | 43.52 | 0.577 times |
| 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 |
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 |
| 30 Tue Jan 2024 | 46.13 | 41.50 | 50.70 | 39.80 | 3.026 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Salem ( (Salem) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 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 weakening, and bulls are picking up momentum!
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 but buying is losing 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 45.59 and Salem (Salem) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Salem ( (Salem) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 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 weakening, and bulls are picking up momentum!
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 but buying is losing 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 45.59 and Salem (Salem) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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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