(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 2024-07-02 View latest technical analysis
10 day averaged volume of Salem is 2713
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 50.74 | 51.50 | 51.50 | 50.00 | 0.081 times |
| 01 Mon Jul 2024 | 51.55 | 51.90 | 51.90 | 48.63 | 0.934 times |
| 28 Fri Jun 2024 | 50.87 | 51.01 | 52.00 | 50.77 | 1.641 times |
| 27 Thu Jun 2024 | 53.44 | 50.76 | 53.44 | 50.76 | 1.035 times |
| 26 Wed Jun 2024 | 51.80 | 52.10 | 53.57 | 51.00 | 1.144 times |
| 25 Tue Jun 2024 | 52.10 | 54.80 | 54.81 | 52.10 | 1.255 times |
| 24 Mon Jun 2024 | 53.95 | 55.01 | 55.01 | 53.95 | 0.37 times |
| 21 Fri Jun 2024 | 53.95 | 55.01 | 55.01 | 53.95 | 0.37 times |
| 20 Thu Jun 2024 | 53.93 | 54.70 | 55.94 | 51.97 | 1.007 times |
| 19 Wed Jun 2024 | 54.70 | 54.98 | 54.98 | 52.24 | 1.164 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 51.4, but if it comes above 51.4, then a intra day buy could be more profitable.
If you take a sell trade below 51.4, then use 51.4 as stoploss and 49.6 as target. However if you take a buy trade in stock , then use 51.4 as stoploss and 52.93 as target.
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 42.00 |
| Downside Target | 48.63 |
| Upside Target | 50.76 |
| Upside Target | 52.90 |
| Upside Target | 55.00 |
| Upside Target | 55.01 |
| Upside Target | 55.94 |
| Upside Target | 60.50 |
| Upside Target | 82.78 |
Intraday share price targets for Salem (Salem)
| Target Type | Value |
| Downside Intraday Target | 48.95 |
| Downside Intraday Target | 47.15 |
| Upside Intraday Target | 52.22 |
| Upside Intraday Target | 53.69 |
| Downside Intraday Target | 50.42 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 50.74 | 51.90 | 51.90 | 48.63 | 0.187 times |
| 28 Fri Jun 2024 | 50.87 | 55.01 | 55.01 | 50.76 | 1.503 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 |
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 |
| 02 Tue Jul 2024 | 50.74 | 51.90 | 51.90 | 48.63 | 0.042 times |
| 28 Fri Jun 2024 | 50.87 | 60.50 | 60.50 | 49.25 | 0.111 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 |
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 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Salem in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Salem in short term but BUY signal is weak.
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 52.62 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 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 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 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Salem in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Salem in short term but BUY signal is weak.
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 52.62 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 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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