(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 2024-02-05 View latest technical analysis
10 day averaged volume of Salem is 4286
Date | Daily Closing Price | Open | High | Low | Volume |
05 Mon Feb 2024 | 47.97 | 53.76 | 53.76 | 46.40 | 5.32 times |
02 Fri Feb 2024 | 48.89 | 47.57 | 50.60 | 46.30 | 5.607 times |
01 Thu Feb 2024 | 46.04 | 47.40 | 47.40 | 45.40 | 0.181 times |
31 Wed Jan 2024 | 46.32 | 48.64 | 48.64 | 45.00 | 0.118 times |
30 Tue Jan 2024 | 46.13 | 45.00 | 48.90 | 45.00 | 2.033 times |
29 Mon Jan 2024 | 45.45 | 46.90 | 46.90 | 45.05 | 0.994 times |
25 Thu Jan 2024 | 44.42 | 47.25 | 47.25 | 43.00 | 0.166 times |
24 Wed Jan 2024 | 44.00 | 48.70 | 48.70 | 44.00 | 0.289 times |
23 Tue Jan 2024 | 44.33 | 44.31 | 46.39 | 44.31 | 0.136 times |
22 Mon Jan 2024 | 45.20 | 45.99 | 46.94 | 44.50 | 0.114 times |
Stock of Salem (Salem) has showed a significant fall. This could be a good time to exit from 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 47.1, but if it comes below 47.1, then a intra day sell could be more profitable.
If you take a sell trade below 47.1, then use 47.1 as stoploss and 45.46 as target. However if you take a buy trade in stock , then use 47.1 as stoploss and 49 as target.
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 |
Upside Target | 47.98 |
Upside Target | 48.70 |
Upside Target | 50.60 |
Upside Target | 50.70 |
Upside Target | 53.76 |
Intraday share price targets for Salem (Salem)
Target Type | Value |
Downside Intraday Target | 44.99 |
Downside Intraday Target | 42.02 |
Upside Intraday Target | 52.35 |
Upside Intraday Target | 56.74 |
Upside Intraday Target | 49.38 |
Weekly technical analysis of Salem (Salem)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Mon Feb 2024 | 47.97 | 53.76 | 53.76 | 46.40 | 0.596 times |
02 Fri Feb 2024 | 48.89 | 46.90 | 50.60 | 45.00 | 12.677 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 |
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 |
05 Mon Feb 2024 | 47.97 | 47.40 | 53.76 | 45.40 | 0.494 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 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 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 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 47.69 and Salem (Salem) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is 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 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 47.69 and Salem (Salem) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is 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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