(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 2024-02-12 View latest technical analysis
10 day averaged volume of Salem is 10765
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Mon Feb 2024 | 49.79 | 51.80 | 51.80 | 47.51 | 0.217 times |
| 09 Fri Feb 2024 | 49.50 | 50.21 | 54.50 | 48.06 | 0.878 times |
| 08 Thu Feb 2024 | 51.50 | 51.83 | 52.90 | 50.11 | 0.549 times |
| 07 Wed Feb 2024 | 51.83 | 50.10 | 52.90 | 48.00 | 1.835 times |
| 06 Tue Feb 2024 | 48.00 | 49.90 | 49.90 | 46.70 | 1.064 times |
| 05 Mon Feb 2024 | 47.97 | 53.76 | 53.76 | 46.40 | 2.118 times |
| 02 Fri Feb 2024 | 48.89 | 47.57 | 50.60 | 46.30 | 2.232 times |
| 01 Thu Feb 2024 | 46.04 | 47.40 | 47.40 | 45.40 | 0.072 times |
| 31 Wed Jan 2024 | 46.32 | 48.64 | 48.64 | 45.00 | 0.047 times |
| 30 Tue Jan 2024 | 46.13 | 45.00 | 48.90 | 45.00 | 0.809 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 49.2, but if it comes below 49.2, then a intra day sell could be more profitable.
If you take a sell trade below 49.2, then use 49.2 as stoploss and 46.98 as target. However if you take a buy trade in stock , then use 49.2 as stoploss and 51.9 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 |
| Downside Target | 47.51 |
| Downside Target | 48.70 |
| Upside Target | 50.60 |
| Upside Target | 50.70 |
| Upside Target | 51.80 |
| Upside Target | 54.50 |
Intraday share price targets for Salem (Salem)
| Target Type | Value |
| Downside Intraday Target | 47.6 |
| Downside Intraday Target | 45.41 |
| Upside Intraday Target | 51.89 |
| Upside Intraday Target | 53.99 |
| Downside Intraday Target | 49.7 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Mon Feb 2024 | 49.79 | 51.80 | 51.80 | 47.51 | 0.034 times |
| 09 Fri Feb 2024 | 49.50 | 53.76 | 54.50 | 46.40 | 1.812 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 |
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 |
| 12 Mon Feb 2024 | 49.79 | 47.40 | 54.50 | 45.40 | 1 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Salem ( (Salem) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 losing momentum.
MACD generated a BUY signal for Salem in short term and the buy signal is strong.
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 above the green cloud Prices appear to be moving up
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 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 49.1 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Salem ( (Salem) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 losing momentum.
MACD generated a BUY signal for Salem in short term and the buy signal is strong.
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 above the green cloud Prices appear to be moving up
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 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 49.1 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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