(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 2024-04-22 View latest technical analysis
10 day averaged volume of Salem is 1226
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 48.00 | 45.00 | 48.00 | 44.10 | 0.103 times |
| 19 Fri Apr 2024 | 44.09 | 44.00 | 44.10 | 44.00 | 0.101 times |
| 18 Thu Apr 2024 | 44.60 | 44.00 | 44.60 | 44.00 | 0.411 times |
| 16 Tue Apr 2024 | 46.30 | 46.00 | 46.80 | 46.00 | 0.475 times |
| 15 Mon Apr 2024 | 45.99 | 45.50 | 46.00 | 44.86 | 1.331 times |
| 12 Fri Apr 2024 | 44.65 | 47.75 | 47.75 | 42.80 | 1.747 times |
| 10 Wed Apr 2024 | 47.78 | 47.53 | 47.78 | 44.02 | 1.538 times |
| 09 Tue Apr 2024 | 48.98 | 48.50 | 49.00 | 48.50 | 0.091 times |
| 08 Mon Apr 2024 | 48.49 | 52.90 | 52.90 | 46.52 | 1.674 times |
| 05 Fri Apr 2024 | 45.61 | 48.00 | 50.00 | 45.60 | 2.533 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 48.1 as stoploss in an intra day sell trade for a target of 46.54. However, stock will show a bullish move above 48.1.
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 37.60 |
| Downside Target | 39.80 |
| Downside Target | 42.00 |
| Downside Target | 44.00 |
| Downside Target | 45.40 |
| Downside Target | 46.80 |
| Downside Target | 47.75 |
| Upside Target | 50.00 |
| Upside Target | 50.70 |
| Upside Target | 52.90 |
| Upside Target | 55.00 |
Intraday share price targets for Salem (Salem)
| Target Type | Value |
| Downside Intraday Target | 45.4 |
| Downside Intraday Target | 42.8 |
| Upside Intraday Target | 49.3 |
| Upside Intraday Target | 50.6 |
| Downside Intraday Target | 46.7 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 48.00 | 45.00 | 48.00 | 44.10 | 0.044 times |
| 19 Fri Apr 2024 | 44.09 | 45.50 | 46.80 | 44.00 | 0.459 times |
| 12 Fri Apr 2024 | 44.65 | 52.90 | 52.90 | 42.80 | 1.541 times |
| 05 Fri Apr 2024 | 45.61 | 50.00 | 50.00 | 45.40 | 1.583 times |
| 28 Thu Mar 2024 | 44.60 | 47.70 | 47.75 | 42.00 | 0.844 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 |
| 22 Mon Apr 2024 | 48.00 | 50.00 | 52.90 | 42.80 | 0.337 times |
| 28 Thu Mar 2024 | 44.60 | 50.90 | 55.00 | 42.00 | 0.302 times |
| 29 Thu Feb 2024 | 50.00 | 47.40 | 55.00 | 45.40 | 1.344 times |
| 31 Wed Jan 2024 | 46.32 | 41.50 | 50.70 | 39.80 | 3.041 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Salem ( (Salem) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Salem ( (Salem) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Salem stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Salem in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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 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 46.34 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 negative.
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Salem ( (Salem) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Salem ( (Salem) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Salem stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Salem in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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 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 46.34 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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