(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 1222
Date | Daily Closing Price | Open | High | Low | Volume |
18 Thu Apr 2024 | 44.60 | 44.00 | 44.60 | 44.00 | 0.412 times |
16 Tue Apr 2024 | 46.30 | 46.00 | 46.80 | 46.00 | 0.476 times |
15 Mon Apr 2024 | 45.99 | 45.50 | 46.00 | 44.86 | 1.336 times |
12 Fri Apr 2024 | 44.65 | 47.75 | 47.75 | 42.80 | 1.753 times |
10 Wed Apr 2024 | 47.78 | 47.53 | 47.78 | 44.02 | 1.543 times |
09 Tue Apr 2024 | 48.98 | 48.50 | 49.00 | 48.50 | 0.091 times |
08 Mon Apr 2024 | 48.49 | 52.90 | 52.90 | 46.52 | 1.679 times |
05 Fri Apr 2024 | 45.61 | 48.00 | 50.00 | 45.60 | 2.542 times |
04 Thu Apr 2024 | 47.40 | 47.89 | 47.89 | 46.25 | 0.102 times |
03 Wed Apr 2024 | 46.95 | 45.40 | 46.95 | 45.40 | 0.175 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 45.1, but if it comes above 45.1, then a intra day buy could be more profitable.
If you take a sell trade below 45.1, then use 45.1 as stoploss and 43.4 as target. However if you take a buy trade in stock , then use 45.1 as stoploss and 46.55 as target.
Share price targets for Salem (Salem)
Target Type | Value |
Downside Target | 37.60 |
Downside Target | 39.80 |
Downside Target | 42.00 |
Downside Target | 44.00 |
Upside Target | 45.40 |
Upside Target | 46.80 |
Upside Target | 47.75 |
Upside Target | 50.00 |
Upside Target | 50.70 |
Upside Target | 52.90 |
Upside Target | 53.90 |
Upside Target | 55.00 |
Intraday share price targets for Salem (Salem)
Target Type | Value |
Downside Intraday Target | 43.47 |
Downside Intraday Target | 42.33 |
Upside Intraday Target | 46.27 |
Upside Intraday Target | 47.93 |
Upside Intraday Target | 45.13 |
Weekly technical analysis of Salem (Salem)
Date | Weekly Closing Price | Open | High | Low | Volume |
18 Thu Apr 2024 | 44.60 | 45.50 | 46.80 | 44.00 | 0.439 times |
12 Fri Apr 2024 | 44.65 | 52.90 | 52.90 | 42.80 | 1.541 times |
05 Fri Apr 2024 | 45.61 | 50.00 | 50.00 | 45.40 | 1.583 times |
28 Thu Mar 2024 | 44.60 | 47.70 | 47.75 | 42.00 | 0.844 times |
22 Fri Mar 2024 | 46.80 | 47.00 | 53.90 | 44.00 | 0.48 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 |
18 Thu Apr 2024 | 44.60 | 50.00 | 52.90 | 42.80 | 0.33 times |
28 Thu Mar 2024 | 44.60 | 50.90 | 55.00 | 42.00 | 0.302 times |
29 Thu Feb 2024 | 50.00 | 47.40 | 55.00 | 45.40 | 1.344 times |
31 Wed Jan 2024 | 46.32 | 41.50 | 50.70 | 39.80 | 3.041 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 neutral. A longer time frame might give a better analysis.
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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Salem in short term and the sell signal is strong.
Salem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 46.37 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 neutral. A longer time frame might give a better analysis.
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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Salem in short term and the sell signal is strong.
Salem Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 46.37 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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