(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 2024-07-25 View latest technical analysis
10 day averaged volume of Salem is 1694
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Thu Jul 2024 | 48.54 | 46.75 | 49.65 | 46.75 | 1.495 times |
| 24 Wed Jul 2024 | 47.68 | 48.45 | 49.40 | 47.10 | 1.107 times |
| 23 Tue Jul 2024 | 49.40 | 47.55 | 49.50 | 47.55 | 0.022 times |
| 22 Mon Jul 2024 | 47.55 | 49.90 | 49.90 | 47.45 | 0.954 times |
| 19 Fri Jul 2024 | 49.90 | 50.00 | 50.00 | 49.89 | 0.18 times |
| 18 Thu Jul 2024 | 48.00 | 50.00 | 50.20 | 48.00 | 0.952 times |
| 16 Tue Jul 2024 | 50.00 | 48.78 | 51.20 | 48.78 | 1.052 times |
| 15 Mon Jul 2024 | 48.78 | 52.00 | 52.00 | 48.37 | 0.939 times |
| 12 Fri Jul 2024 | 50.59 | 48.30 | 50.61 | 48.30 | 2.159 times |
| 11 Thu Jul 2024 | 48.20 | 48.99 | 50.99 | 48.00 | 0.916 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 48.2 as stoploss in an intra day buy trade for a target of 49.65. However, stock will show a bearish move below 48.2.
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 42.00 |
| Downside Target | 46.75 |
| Upside Target | 49.25 |
| Upside Target | 51.90 |
| Upside Target | 52.00 |
| Upside Target | 52.90 |
| Upside Target | 52.96 |
| Upside Target | 55.00 |
| Upside Target | 55.01 |
| Upside Target | 60.50 |
| Upside Target | 82.78 |
Intraday share price targets for Salem (Salem)
| Target Type | Value |
| Downside Intraday Target | 46.89 |
| Downside Intraday Target | 45.25 |
| Upside Intraday Target | 50.04 |
| Upside Intraday Target | 51.55 |
| Downside Intraday Target | 48.4 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Thu Jul 2024 | 48.54 | 49.90 | 49.90 | 46.75 | 1.146 times |
| 19 Fri Jul 2024 | 49.90 | 52.00 | 52.00 | 48.00 | 0.418 times |
| 12 Fri Jul 2024 | 50.59 | 48.60 | 52.96 | 48.00 | 0.68 times |
| 05 Fri Jul 2024 | 48.50 | 51.90 | 51.90 | 47.50 | 1.26 times |
| 28 Fri Jun 2024 | 50.87 | 55.01 | 55.01 | 50.76 | 1.503 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 |
| 25 Thu Jul 2024 | 48.54 | 51.90 | 52.96 | 46.75 | 0.643 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Salem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 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 48.92 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Salem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 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 48.92 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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