(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 2025-01-16 View latest technical analysis
10 day averaged volume of Salem is 820
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu Jan 2025 | 48.36 | 48.85 | 48.85 | 48.30 | 0.148 times |
| 15 Wed Jan 2025 | 48.85 | 48.30 | 48.85 | 48.00 | 0.066 times |
| 14 Tue Jan 2025 | 48.30 | 50.00 | 50.00 | 45.00 | 2.428 times |
| 13 Mon Jan 2025 | 51.00 | 47.00 | 52.49 | 47.00 | 1.927 times |
| 10 Fri Jan 2025 | 52.00 | 52.99 | 52.99 | 52.00 | 0.201 times |
| 08 Wed Jan 2025 | 52.99 | 53.88 | 53.88 | 52.54 | 0.69 times |
| 07 Tue Jan 2025 | 50.46 | 54.90 | 54.90 | 50.30 | 1.166 times |
| 06 Mon Jan 2025 | 52.50 | 53.00 | 53.00 | 52.50 | 0.189 times |
| 03 Fri Jan 2025 | 49.89 | 42.65 | 51.00 | 42.65 | 2.474 times |
| 02 Thu Jan 2025 | 52.98 | 53.00 | 53.00 | 52.98 | 0.843 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 49.4, but if it comes above 49.4, then a intra day buy could be more profitable.
If you take a sell trade below 49.4, then use 49.4 as stoploss and 47.2 as target. However if you take a buy trade in stock , then use 49.4 as stoploss and 51.17 as target.
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 42.65 |
| Downside Target | 45.00 |
| Downside Target | 48.00 |
| Upside Target | 50.01 |
| Upside Target | 52.49 |
| Upside Target | 53.76 |
| Upside Target | 54.90 |
| Upside Target | 55.70 |
| Upside Target | 55.90 |
| Upside Target | 59.70 |
| Upside Target | 62.00 |
Intraday share price targets for Salem (Salem)
| Target Type | Value |
| Downside Intraday Target | 44.74 |
| Downside Intraday Target | 41.13 |
| Upside Intraday Target | 52.23 |
| Upside Intraday Target | 56.11 |
| Upside Intraday Target | 48.62 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu Jan 2025 | 48.36 | 47.00 | 52.49 | 45.00 | 2.034 times |
| 10 Fri Jan 2025 | 52.00 | 53.00 | 54.90 | 50.30 | 0.413 times |
| 03 Fri Jan 2025 | 49.89 | 49.00 | 53.76 | 42.65 | 2.452 times |
| 27 Fri Dec 2024 | 49.84 | 53.74 | 54.50 | 48.50 | 0.22 times |
| 20 Fri Dec 2024 | 49.49 | 55.90 | 55.90 | 48.00 | 2.482 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 |
| 16 Thu Jan 2025 | 48.36 | 53.00 | 54.90 | 42.65 | 0.337 times |
| 31 Tue Dec 2024 | 52.98 | 56.50 | 62.00 | 48.00 | 1.575 times |
| 29 Fri Nov 2024 | 56.55 | 54.50 | 59.70 | 43.50 | 0.632 times |
| 31 Thu Oct 2024 | 52.70 | 50.24 | 55.70 | 48.60 | 0.41 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Salem in short term and the sell 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 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
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 50.32 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Salem in short term and the sell 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 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
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 50.32 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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