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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 2025-05-06 View latest technical analysis

10 day averaged volume of Salem is 486

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue May 2025	45.00	45.00	45.00	45.00	0.002 times
05 Mon May 2025	45.00	45.48	45.48	45.00	0.01 times
02 Fri May 2025	45.48	44.00	47.90	44.00	0.237 times
30 Wed Apr 2025	43.98	44.00	44.90	43.90	1.492 times
29 Tue Apr 2025	46.00	45.00	46.00	45.00	0.117 times
28 Mon Apr 2025	45.00	46.85	46.90	41.31	5.066 times
25 Fri Apr 2025	44.66	44.66	44.66	44.66	0.103 times
24 Thu Apr 2025	44.68	44.61	45.98	44.61	1.679 times
22 Tue Apr 2025	45.98	45.95	46.00	43.90	0.327 times
21 Mon Apr 2025	45.97	46.35	46.35	45.97	0.091 times

My analysis of stock is bearish for shortterm, and stock might move down till 44.2 or till 43.1. Use a stoploss of 45.13 and if the stock hits stoploss, then it can shoot up till 46.04

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	46.97
Upside Target	47.90
Upside Target	50.00
Upside Target	53.50
Upside Target	54.50
Upside Target	54.90

Intraday share price targets for Salem (Salem)

Target Type	Value
Downside Intraday Target	44.84
Downside Intraday Target	44.68
Upside Intraday Target	45.32
Upside Intraday Target	45.64
Upside Intraday Target	45.16

Weekly technical analysis of Salem (Salem)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue May 2025	45.00	45.48	45.48	45.00	0.002 times
02 Fri May 2025	45.48	46.85	47.90	41.31	3.142 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

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
06 Tue May 2025	45.00	44.00	47.90	44.00	0.011 times
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

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 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 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 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 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. Bulls 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 SELL signal in short term but selling is losing 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 44.84 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.