(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 2024-08-13 View latest technical analysis
10 day averaged volume of Salem is 827
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Tue Aug 2024 | 47.95 | 48.00 | 48.00 | 45.35 | 0.536 times |
| 12 Mon Aug 2024 | 47.00 | 47.00 | 47.10 | 47.00 | 0.667 times |
| 09 Fri Aug 2024 | 47.00 | 47.00 | 47.00 | 47.00 | 0.395 times |
| 08 Thu Aug 2024 | 46.45 | 47.90 | 48.90 | 46.24 | 1.776 times |
| 07 Wed Aug 2024 | 47.90 | 46.20 | 47.90 | 46.20 | 0.135 times |
| 06 Tue Aug 2024 | 47.90 | 48.96 | 48.96 | 46.55 | 0.495 times |
| 05 Mon Aug 2024 | 48.99 | 49.50 | 49.50 | 46.50 | 0.418 times |
| 02 Fri Aug 2024 | 48.47 | 48.50 | 48.50 | 46.00 | 0.489 times |
| 01 Thu Aug 2024 | 47.08 | 48.89 | 50.00 | 47.00 | 4.328 times |
| 31 Wed Jul 2024 | 48.89 | 47.66 | 48.89 | 47.60 | 0.609 times |
My analysis of stock is bearish for shortterm, and stock might move down till 47.3 or till 46.2. Use a stoploss of 48.25 and if the stock hits stoploss, then it can shoot up till 49.2
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 42.00 |
| Downside Target | 45.35 |
| Upside Target | 48.00 |
| Upside Target | 49.25 |
| Upside Target | 49.90 |
| Upside Target | 50.00 |
| Upside Target | 52.00 |
| Upside Target | 52.90 |
| Upside Target | 52.96 |
| Upside Target | 60.50 |
| Upside Target | 82.78 |
Intraday share price targets for Salem (Salem)
| Target Type | Value |
| Downside Intraday Target | 46.2 |
| Downside Intraday Target | 44.45 |
| Upside Intraday Target | 48.85 |
| Upside Intraday Target | 49.75 |
| Downside Intraday Target | 47.1 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Tue Aug 2024 | 47.95 | 47.00 | 48.00 | 45.35 | 0.374 times |
| 09 Fri Aug 2024 | 47.00 | 49.50 | 49.50 | 46.20 | 0.417 times |
| 02 Fri Aug 2024 | 48.47 | 48.51 | 50.00 | 46.00 | 0.797 times |
| 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 |
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 |
| 13 Tue Aug 2024 | 47.95 | 48.89 | 50.00 | 45.35 | 0.163 times |
| 31 Wed Jul 2024 | 48.89 | 51.90 | 52.96 | 46.75 | 0.708 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 |
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 neutral. A longer time frame might give a better analysis.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above 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 SELL signal in short term and selling is picking up 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 47.32 and Salem (Salem) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is 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 neutral. A longer time frame might give a better analysis.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above 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 SELL signal in short term and selling is picking up 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 47.32 and Salem (Salem) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is 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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