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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)

10 day averaged volume of Salem is 461

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu May 2025	45.90	44.00	45.90	42.72	0.015 times
07 Wed May 2025	42.72	40.00	43.95	38.35	0.486 times
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	0.011 times
02 Fri May 2025	45.48	44.00	47.90	44.00	0.249 times
30 Wed Apr 2025	43.98	44.00	44.90	43.90	1.573 times
29 Tue Apr 2025	46.00	45.00	46.00	45.00	0.124 times
28 Mon Apr 2025	45.00	46.85	46.90	41.31	5.341 times
25 Fri Apr 2025	44.66	44.66	44.66	44.66	0.108 times
24 Thu Apr 2025	44.68	44.61	45.98	44.61	1.77 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 45.8, but if it comes below 45.8, then a intra day sell could be more profitable.
If you take a sell trade below 45.8, then use 45.8 as stoploss and 44.93 as target. However if you take a buy trade in stock , then use 45.8 as stoploss and 46.9 as target.

Share price targets for Salem (Salem)

Target Type	Value
Downside Target	38.35
Downside Target	40.00
Downside Target	41.31
Downside Target	43.90
Downside Target	45.90
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	40.87
Downside Intraday Target	35.83
Upside Intraday Target	48.42
Upside Intraday Target	50.93
Downside Intraday Target	43.38

Weekly technical analysis of Salem (Salem)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu May 2025	45.90	45.48	45.90	38.35	0.071 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 up 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
08 Thu May 2025	45.90	44.00	47.90	38.35	0.032 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 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 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 stronger in this stock.

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 and the buying is gaining 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 44.68 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.