(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 2024-09-10 View latest technical analysis
10 day averaged volume of Salem is 5176
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Tue Sep 2024 | 52.16 | 54.70 | 54.70 | 52.05 | 0.214 times |
| 09 Mon Sep 2024 | 51.60 | 51.20 | 54.50 | 51.20 | 0.46 times |
| 06 Fri Sep 2024 | 53.50 | 52.11 | 53.50 | 50.30 | 0.182 times |
| 05 Thu Sep 2024 | 52.11 | 53.50 | 54.80 | 52.01 | 0.332 times |
| 04 Wed Sep 2024 | 53.50 | 51.16 | 54.49 | 51.16 | 1.241 times |
| 03 Tue Sep 2024 | 52.20 | 54.00 | 55.70 | 51.00 | 1.415 times |
| 02 Mon Sep 2024 | 52.16 | 51.20 | 53.97 | 50.95 | 0.738 times |
| 30 Fri Aug 2024 | 51.20 | 52.10 | 52.10 | 51.20 | 0.021 times |
| 29 Thu Aug 2024 | 52.04 | 54.00 | 54.30 | 52.00 | 0.529 times |
| 28 Wed Aug 2024 | 53.30 | 54.03 | 55.10 | 51.50 | 2.58 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 52.9 as stoploss in an intra day sell trade for a target of 50.7. However, stock will show a bullish move above 52.9.
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 42.00 |
| Downside Target | 45.35 |
| Downside Target | 49.25 |
| Downside Target | 50.30 |
| Upside Target | 52.96 |
| Upside Target | 54.70 |
| Upside Target | 55.10 |
| Upside Target | 55.70 |
| Upside Target | 60.50 |
| Upside Target | 82.78 |
Intraday share price targets for Salem (Salem)
| Target Type | Value |
| Downside Intraday Target | 50.67 |
| Downside Intraday Target | 49.19 |
| Upside Intraday Target | 54.17 |
| Upside Intraday Target | 56.19 |
| Upside Intraday Target | 52.69 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Tue Sep 2024 | 52.16 | 51.20 | 54.70 | 51.20 | 0.172 times |
| 06 Fri Sep 2024 | 53.50 | 51.20 | 55.70 | 50.30 | 0.565 times |
| 30 Fri Aug 2024 | 51.20 | 53.00 | 55.10 | 47.15 | 1.557 times |
| 23 Fri Aug 2024 | 49.90 | 46.51 | 50.70 | 46.10 | 7.935 times |
| 16 Fri Aug 2024 | 46.51 | 47.00 | 48.00 | 45.35 | 1.087 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 |
| 10 Tue Sep 2024 | 52.16 | 51.20 | 55.70 | 50.30 | 0.347 times |
| 30 Fri Aug 2024 | 51.20 | 48.89 | 55.10 | 45.35 | 1.453 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 |
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 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 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 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 mid to longer 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.
ADX buy sell signal for Salem stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Salem in short term and the buy signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 SELL signal in short term and selling is picking up 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 52.75 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 has given negative returns over a short term period. Returns for a longer term period have been positive
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 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 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 mid to longer 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.
ADX buy sell signal for Salem stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Salem in short term and the buy signal is strong.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 SELL signal in short term and selling is picking up 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 52.75 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 has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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