(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 2024-02-01 View latest technical analysis
10 day averaged volume of Salem is 2133
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Feb 2024 | 46.04 | 47.40 | 47.40 | 45.40 | 0.363 times |
| 31 Wed Jan 2024 | 46.32 | 48.64 | 48.64 | 45.00 | 0.238 times |
| 30 Tue Jan 2024 | 46.13 | 45.00 | 48.90 | 45.00 | 4.085 times |
| 29 Mon Jan 2024 | 45.45 | 46.90 | 46.90 | 45.05 | 1.997 times |
| 25 Thu Jan 2024 | 44.42 | 47.25 | 47.25 | 43.00 | 0.334 times |
| 24 Wed Jan 2024 | 44.00 | 48.70 | 48.70 | 44.00 | 0.58 times |
| 23 Tue Jan 2024 | 44.33 | 44.31 | 46.39 | 44.31 | 0.272 times |
| 22 Mon Jan 2024 | 45.20 | 45.99 | 46.94 | 44.50 | 0.229 times |
| 19 Fri Jan 2024 | 45.99 | 46.35 | 47.70 | 44.21 | 0.729 times |
| 18 Thu Jan 2024 | 45.77 | 47.39 | 47.39 | 43.52 | 0.47 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 46.3 as stoploss in an intra day sell trade for a target of 44.95. However, stock will show a bullish move above 46.3.
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 35.01 |
| Downside Target | 37.49 |
| Downside Target | 39.80 |
| Downside Target | 42.00 |
| Downside Target | 43.00 |
| Downside Target | 45.00 |
| Downside Target | 45.80 |
| Upside Target | 47.40 |
| 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 | 44.39 |
| Downside Intraday Target | 42.75 |
| Upside Intraday Target | 48.29 |
| Upside Intraday Target | 50.55 |
| Upside Intraday Target | 46.65 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Feb 2024 | 46.04 | 46.90 | 48.90 | 45.00 | 4.72 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 |
| 01 Thu Feb 2024 | 46.04 | 47.40 | 47.40 | 45.40 | 0.008 times |
| 31 Wed Jan 2024 | 46.32 | 41.50 | 50.70 | 39.80 | 3.041 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 |
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 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 SELL signal for Salem in short term but the sell 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Salem in short term but SELL signal is weak.
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 45.69 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 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 SELL signal for Salem in short term but the sell 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Salem in short term but SELL signal is weak.
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 45.69 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 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.
Click here for further forecast and predictions for tomorrow