(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 2024-06-24 View latest technical analysis
10 day averaged volume of Salem is 3526
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Mon Jun 2024 | 53.95 | 55.01 | 55.01 | 53.95 | 0.284 times |
| 21 Fri Jun 2024 | 53.95 | 55.01 | 55.01 | 53.95 | 0.284 times |
| 20 Thu Jun 2024 | 53.93 | 54.70 | 55.94 | 51.97 | 0.775 times |
| 19 Wed Jun 2024 | 54.70 | 54.98 | 54.98 | 52.24 | 0.896 times |
| 18 Tue Jun 2024 | 54.98 | 54.00 | 54.99 | 52.06 | 0.832 times |
| 14 Fri Jun 2024 | 52.63 | 52.98 | 54.99 | 51.30 | 1.823 times |
| 13 Thu Jun 2024 | 52.63 | 52.98 | 54.99 | 51.30 | 1.823 times |
| 12 Wed Jun 2024 | 53.98 | 53.99 | 54.99 | 53.98 | 0.302 times |
| 11 Tue Jun 2024 | 53.24 | 53.80 | 55.00 | 51.16 | 1.06 times |
| 10 Mon Jun 2024 | 52.72 | 52.50 | 52.73 | 51.00 | 1.689 times |
My analysis of stock is bearish for shortterm, and stock might move down till 51.8 or till 47.8. Use a stoploss of 55.06 and if the stock hits stoploss, then it can shoot up till 58.36
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 | 55.00 |
| Upside Target | 55.01 |
| Upside Target | 55.94 |
| Upside Target | 60.50 |
| Upside Target | 64.65 |
| Upside Target | 82.78 |
Intraday share price targets for Salem (Salem)
| Target Type | Value |
| Downside Intraday Target | 53.6 |
| Downside Intraday Target | 53.24 |
| Upside Intraday Target | 54.66 |
| Upside Intraday Target | 55.36 |
| Upside Intraday Target | 54.3 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Mon Jun 2024 | 53.95 | 55.01 | 55.01 | 53.95 | 0.102 times |
| 21 Fri Jun 2024 | 53.95 | 54.00 | 55.94 | 51.97 | 0.416 times |
| 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 |
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 |
| 24 Mon Jun 2024 | 53.95 | 60.50 | 60.50 | 49.25 | 0.088 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 gaining 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. Bulls are getting tired and bears are picking up momentum.
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 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 53.32 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 gaining 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. Bulls are getting tired and bears are picking up momentum.
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 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 53.32 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.
Click here for further forecast and predictions for tomorrow