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(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 2025-04-30 View latest technical analysis

10 day averaged volume of Salem is 505

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Apr 2025	43.98	44.00	44.90	43.90	1.436 times
29 Tue Apr 2025	46.00	45.00	46.00	45.00	0.113 times
28 Mon Apr 2025	45.00	46.85	46.90	41.31	4.875 times
25 Fri Apr 2025	44.66	44.66	44.66	44.66	0.099 times
24 Thu Apr 2025	44.68	44.61	45.98	44.61	1.616 times
22 Tue Apr 2025	45.98	45.95	46.00	43.90	0.315 times
21 Mon Apr 2025	45.97	46.35	46.35	45.97	0.087 times
17 Thu Apr 2025	45.44	45.00	46.00	43.60	0.851 times
16 Wed Apr 2025	43.60	43.10	45.50	41.87	1.101 times
15 Tue Apr 2025	46.00	43.89	46.97	43.88	0.927 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 44.3, but if it comes above 44.3, then a intra day buy could be more profitable.
If you take a sell trade below 44.3, then use 44.3 as stoploss and 43.1 as target. However if you take a buy trade in stock , then use 44.3 as stoploss and 45.18 as target.

Share price targets for Salem (Salem)

Target Type	Value
Downside Target	38.72
Downside Target	40.00
Downside Target	41.31
Downside Target	43.90
Upside Target	46.35
Upside Target	48.00
Upside Target	50.00
Upside Target	53.50
Upside Target	54.50
Upside Target	54.90
Upside Target	62.00

Intraday share price targets for Salem (Salem)

Target Type	Value
Downside Intraday Target	41.23
Downside Intraday Target	38.47
Upside Intraday Target	46.82
Upside Intraday Target	49.65
Upside Intraday Target	44.06

Weekly technical analysis of Salem (Salem)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Apr 2025	43.98	46.85	46.90	41.31	3.035 times
25 Fri Apr 2025	44.66	46.35	46.35	43.90	0.735 times
17 Thu Apr 2025	45.44	43.89	46.97	41.87	0.909 times
11 Fri Apr 2025	43.90	41.49	44.70	41.48	0.439 times
04 Fri Apr 2025	45.70	40.36	53.50	40.36	5.3 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
30 Wed Apr 2025	43.98	40.36	53.50	40.36	0.96 times
28 Fri Mar 2025	45.00	47.00	54.50	40.00	0.534 times
28 Fri Feb 2025	44.16	46.30	50.00	38.72	1.567 times
31 Fri Jan 2025	47.38	53.00	54.90	42.65	0.555 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Salem ( (Salem) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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.

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 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 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 44.85 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 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.