(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 2024-03-02 View latest technical analysis
10 day averaged volume of Salem is 2798
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Sat Mar 2024 | 52.50 | 52.58 | 52.58 | 52.50 | 0.001 times |
| 01 Fri Mar 2024 | 50.31 | 50.90 | 50.98 | 49.50 | 0.866 times |
| 29 Thu Feb 2024 | 50.00 | 50.30 | 50.30 | 48.00 | 0.159 times |
| 28 Wed Feb 2024 | 50.30 | 51.50 | 51.50 | 49.00 | 0.204 times |
| 27 Tue Feb 2024 | 50.95 | 49.95 | 50.95 | 49.95 | 0.068 times |
| 26 Mon Feb 2024 | 49.95 | 48.65 | 50.85 | 48.65 | 0.315 times |
| 23 Fri Feb 2024 | 50.65 | 52.95 | 52.95 | 48.00 | 0.579 times |
| 22 Thu Feb 2024 | 49.31 | 51.50 | 51.50 | 48.20 | 2.843 times |
| 21 Wed Feb 2024 | 49.43 | 49.00 | 51.80 | 48.20 | 1.601 times |
| 20 Tue Feb 2024 | 49.50 | 50.04 | 55.00 | 48.66 | 0.462 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 52.4, for a target of 51.1 or 50.05
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 37.49 |
| Downside Target | 39.80 |
| Downside Target | 42.00 |
| Downside Target | 45.00 |
| Downside Target | 48.00 |
| Downside Target | 49.50 |
| Downside Target | 50.60 |
| Downside Target | 51.80 |
| Upside Target | 52.58 |
| Upside Target | 54.50 |
| Upside Target | 55.00 |
Intraday share price targets for Salem (Salem)
| Target Type | Value |
| Downside Intraday Target | 49.47 |
| Downside Intraday Target | 46.45 |
| Upside Intraday Target | 54.05 |
| Upside Intraday Target | 55.61 |
| Downside Intraday Target | 51.03 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Sat Mar 2024 | 52.50 | 48.65 | 52.58 | 48.00 | 0.192 times |
| 23 Fri Feb 2024 | 50.65 | 51.30 | 55.00 | 48.00 | 2.355 times |
| 16 Fri Feb 2024 | 49.90 | 51.80 | 51.80 | 47.00 | 0.144 times |
| 09 Fri Feb 2024 | 49.50 | 53.76 | 54.50 | 46.40 | 1.812 times |
| 02 Fri Feb 2024 | 48.89 | 46.90 | 50.60 | 45.00 | 12.677 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 |
| 02 Sat Mar 2024 | 52.50 | 50.90 | 52.58 | 49.50 | 0.019 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 |
| 29 Fri Dec 2023 | 40.00 | 40.90 | 45.80 | 37.60 | 2.778 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 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 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 mid to longer 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.
ADX buy sell signal for Salem stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Salem in short term but the sell 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green 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 49.67 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 is giving positive 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.
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 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 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 mid to longer 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.
ADX buy sell signal for Salem stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Salem in short term but the sell 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green 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 49.67 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 is giving positive 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.
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