(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 2024-05-30 View latest technical analysis
10 day averaged volume of Salem is 57956
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 55.44 | 55.44 | 55.44 | 55.44 | 0.079 times |
| 29 Wed May 2024 | 58.35 | 58.35 | 58.35 | 58.35 | 0.015 times |
| 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 | 0.704 times |
| 23 Thu May 2024 | 75.61 | 79.99 | 80.79 | 73.21 | 0.526 times |
| 22 Wed May 2024 | 79.98 | 81.90 | 82.78 | 76.30 | 3.797 times |
| 21 Tue May 2024 | 75.47 | 75.47 | 75.47 | 70.01 | 2.348 times |
| 18 Sat May 2024 | 68.61 | 68.61 | 68.61 | 68.50 | 1.259 times |
| 17 Fri May 2024 | 65.35 | 64.00 | 65.35 | 64.00 | 0.527 times |
My analysis of stock is bearish for shortterm, and stock might move down till 44.3 or till 29.6. Use a stoploss of 56.5 and if the stock hits stoploss, then it can shoot up till 68.71
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 | 55.44 |
| 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 | 52.37 |
| Downside Intraday Target | 49.3 |
| Upside Intraday Target | 61.58 |
| Upside Intraday Target | 67.72 |
| Upside Intraday Target | 58.51 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 55.44 | 64.65 | 64.65 | 55.44 | 0.039 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 |
| 30 Thu May 2024 | 55.44 | 46.00 | 82.78 | 42.00 | 30.107 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 neutral. A longer time frame might give a better analysis.
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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Salem in short term but the sell signal is initial and weak.
Salem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 74.83 and Salem (Salem) stock is trading below this level. This means that stock is falling with high volumes. 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 neutral. A longer time frame might give a better analysis.
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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Salem in short term but the sell signal is initial and weak.
Salem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 74.83 and Salem (Salem) stock is trading below this level. This means that stock is falling with high volumes. 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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