(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 2024-08-22 View latest technical analysis
10 day averaged volume of Salem is 2584
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 49.00 | 49.60 | 49.60 | 48.99 | 0.171 times |
| 21 Wed Aug 2024 | 47.61 | 50.70 | 50.70 | 47.61 | 2.424 times |
| 20 Tue Aug 2024 | 48.50 | 48.50 | 48.50 | 47.00 | 0.121 times |
| 19 Mon Aug 2024 | 48.50 | 46.51 | 48.70 | 46.10 | 5.596 times |
| 16 Fri Aug 2024 | 46.51 | 47.95 | 47.95 | 46.50 | 0.327 times |
| 14 Wed Aug 2024 | 47.95 | 47.95 | 47.95 | 45.56 | 0.408 times |
| 13 Tue Aug 2024 | 47.95 | 48.00 | 48.00 | 45.35 | 0.171 times |
| 12 Mon Aug 2024 | 47.00 | 47.00 | 47.10 | 47.00 | 0.214 times |
| 09 Fri Aug 2024 | 47.00 | 47.00 | 47.00 | 47.00 | 0.127 times |
| 08 Thu Aug 2024 | 46.45 | 47.90 | 48.90 | 46.24 | 0.568 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 48.8, but if it comes below 48.8, then a intra day sell could be more profitable.
If you take a sell trade below 48.8, then use 48.8 as stoploss and 48.03 as target. However if you take a buy trade in stock , then use 48.8 as stoploss and 49.8 as target.
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 42.00 |
| Downside Target | 45.35 |
| Downside Target | 48.00 |
| Upside Target | 49.25 |
| Upside Target | 49.90 |
| Upside Target | 50.00 |
| Upside Target | 50.70 |
| 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 | 46.5 |
| Downside Intraday Target | 44 |
| Upside Intraday Target | 51.1 |
| Upside Intraday Target | 53.2 |
| Downside Intraday Target | 48.6 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 49.00 | 46.51 | 50.70 | 46.10 | 7.419 times |
| 16 Fri Aug 2024 | 46.51 | 47.00 | 48.00 | 45.35 | 1.087 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 |
Price has moved up 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 |
| 22 Thu Aug 2024 | 49.00 | 48.89 | 50.70 | 45.35 | 0.66 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 up 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 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 to mid 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 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 BUY. 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 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Salem in short term and BUY signal is strong.
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 48.03 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 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 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 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 to mid 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 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 BUY. 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 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Salem in short term and BUY signal is strong.
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 48.03 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 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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