(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 2024-07-26 View latest technical analysis
10 day averaged volume of Salem is 1656
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri Jul 2024 | 48.51 | 48.54 | 48.54 | 47.35 | 1.183 times |
| 25 Thu Jul 2024 | 48.54 | 46.75 | 49.65 | 46.75 | 1.529 times |
| 24 Wed Jul 2024 | 47.68 | 48.45 | 49.40 | 47.10 | 1.133 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 | 0.976 times |
| 19 Fri Jul 2024 | 49.90 | 50.00 | 50.00 | 49.89 | 0.184 times |
| 18 Thu Jul 2024 | 48.00 | 50.00 | 50.20 | 48.00 | 0.973 times |
| 16 Tue Jul 2024 | 50.00 | 48.78 | 51.20 | 48.78 | 1.076 times |
| 15 Mon Jul 2024 | 48.78 | 52.00 | 52.00 | 48.37 | 0.96 times |
| 12 Fri Jul 2024 | 50.59 | 48.30 | 50.61 | 48.30 | 2.209 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 49.41. 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 | 46.87 |
| Downside Intraday Target | 45.24 |
| Upside Intraday Target | 50.02 |
| Upside Intraday Target | 51.54 |
| Downside Intraday Target | 48.39 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri Jul 2024 | 48.51 | 49.90 | 49.90 | 46.75 | 1.516 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Salem (Salem)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 26 Fri Jul 2024 | 48.51 | 51.90 | 52.96 | 46.75 | 0.672 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 losing momentum.
MACD generated a BUY signal for Salem in short term but the buy signal is initial and weak.
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 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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Salem is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 48.94 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 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 losing momentum.
MACD generated a BUY signal for Salem in short term but the buy signal is initial and weak.
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 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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Salem is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 48.94 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 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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