(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 2024-06-14 View latest technical analysis
10 day averaged volume of Salem is 4341
Date | Daily Closing Price | Open | High | Low | Volume |
14 Fri Jun 2024 | 52.63 | 52.98 | 54.99 | 51.30 | 1.481 times |
13 Thu Jun 2024 | 52.63 | 52.98 | 54.99 | 51.30 | 1.481 times |
12 Wed Jun 2024 | 53.98 | 53.99 | 54.99 | 53.98 | 0.245 times |
11 Tue Jun 2024 | 53.24 | 53.80 | 55.00 | 51.16 | 0.861 times |
10 Mon Jun 2024 | 52.72 | 52.50 | 52.73 | 51.00 | 1.372 times |
07 Fri Jun 2024 | 50.22 | 52.25 | 53.26 | 49.25 | 0.42 times |
06 Thu Jun 2024 | 51.21 | 51.25 | 52.82 | 51.21 | 0.744 times |
05 Wed Jun 2024 | 53.90 | 54.50 | 54.50 | 53.22 | 0.098 times |
04 Tue Jun 2024 | 56.02 | 55.36 | 58.12 | 52.60 | 0.66 times |
03 Mon Jun 2024 | 55.36 | 60.50 | 60.50 | 55.00 | 2.254 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 51 as stoploss in an intra day buy trade for a target of 59.87. However, stock will show a bearish move below 51.
Share price targets for Salem (Salem)
Target Type | Value |
Downside Target | 42.00 |
Downside Target | 45.40 |
Downside Target | 49.25 |
Downside Target | 51.00 |
Upside Target | 52.67 |
Upside Target | 55.00 |
Upside Target | 60.50 |
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 | 50.75 |
Downside Intraday Target | 48.88 |
Upside Intraday Target | 54.75 |
Upside Intraday Target | 56.88 |
Upside Intraday Target | 52.88 |
Weekly technical analysis of Salem (Salem)
Date | Weekly Closing Price | Open | High | Low | Volume |
14 Fri Jun 2024 | 52.63 | 52.50 | 55.00 | 51.00 | 1.302 times |
07 Fri Jun 2024 | 50.22 | 60.50 | 60.50 | 49.25 | 0.738 times |
31 Fri May 2024 | 57.89 | 64.65 | 64.65 | 52.67 | 0.058 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 |
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 |
14 Fri Jun 2024 | 52.63 | 60.50 | 60.50 | 49.25 | 0.07 times |
31 Fri May 2024 | 57.89 | 46.00 | 82.78 | 42.00 | 30.52 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 |
Scroll below to view daily charts
Price has moved down 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Salem in short term
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 53.4 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 has given negative 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Salem in short term
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 53.4 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 has given negative 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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