(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 2024-05-28 View latest technical analysis
10 day averaged volume of Salem is 57745
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 61.42 | 61.43 | 61.43 | 61.42 | 0.059 times |
| 27 Mon May 2024 | 64.65 | 64.65 | 64.65 | 64.65 | 0.132 times |
| 24 Fri May 2024 | 68.05 | 71.22 | 73.00 | 68.05 | 0.706 times |
| 23 Thu May 2024 | 75.61 | 79.99 | 80.79 | 73.21 | 0.528 times |
| 22 Wed May 2024 | 79.98 | 81.90 | 82.78 | 76.30 | 3.811 times |
| 21 Tue May 2024 | 75.47 | 75.47 | 75.47 | 70.01 | 2.357 times |
| 18 Sat May 2024 | 68.61 | 68.61 | 68.61 | 68.50 | 1.264 times |
| 17 Fri May 2024 | 65.35 | 64.00 | 65.35 | 64.00 | 0.529 times |
| 16 Thu May 2024 | 54.46 | 45.40 | 54.46 | 45.40 | 0.636 times |
| 15 Wed May 2024 | 45.39 | 45.65 | 45.65 | 43.62 | 0.037 times |
My analysis of stock is bullish for shortterm, and stock might move up till 68 or till 83.2. Use a stoploss of 55.31 and if this stock hits its stoploss, then it can fall down till 42.63
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 39.80 |
| Downside Target | 42.00 |
| Downside Target | 44.54 |
| Downside Target | 46.99 |
| Downside Target | 50.70 |
| Downside Target | 52.90 |
| Downside Target | 55.00 |
| Downside Target | 61.42 |
| Upside Target | 64.65 |
| Upside Target | 68.05 |
| Upside Target | 68.61 |
| Upside Target | 82.78 |
Intraday share price targets for Salem (Salem)
| Target Type | Value |
| Downside Intraday Target | 60.34 |
| Downside Intraday Target | 59.27 |
| Upside Intraday Target | 63.57 |
| Upside Intraday Target | 65.73 |
| Upside Intraday Target | 62.5 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 61.42 | 64.65 | 64.65 | 61.42 | 0.026 times |
| 24 Fri May 2024 | 68.05 | 75.47 | 82.78 | 68.05 | 2.991 times |
| 18 Sat May 2024 | 68.61 | 45.65 | 68.61 | 43.61 | 49.941 times |
| 10 Fri May 2024 | 44.70 | 44.00 | 45.90 | 42.00 | 1.037 times |
| 03 Fri May 2024 | 44.54 | 46.99 | 46.99 | 44.54 | 0.583 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 |
| 28 Tue May 2024 | 61.42 | 46.00 | 82.78 | 42.00 | 29.829 times |
| 30 Tue Apr 2024 | 45.03 | 50.00 | 52.90 | 42.80 | 0.501 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 |
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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Salem ( (Salem) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Weak 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 in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Salem in short term and SELL 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 73.61 and Salem (Salem) stock is trading below this level. This means that stock is falling with high volumes. 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Salem ( (Salem) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Weak 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 in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Salem in short term and SELL 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 73.61 and Salem (Salem) stock is trading below this level. This means that stock is falling with high volumes. 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.
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