(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 2024-03-06 View latest technical analysis
10 day averaged volume of Salem is 3568
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 50.70 | 54.00 | 54.00 | 49.70 | 0.625 times |
| 05 Tue Mar 2024 | 50.58 | 51.50 | 53.00 | 49.61 | 4.866 times |
| 04 Mon Mar 2024 | 50.83 | 52.40 | 52.60 | 50.01 | 1.185 times |
| 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 | 0.679 times |
| 29 Thu Feb 2024 | 50.00 | 50.30 | 50.30 | 48.00 | 0.125 times |
| 28 Wed Feb 2024 | 50.30 | 51.50 | 51.50 | 49.00 | 0.16 times |
| 27 Tue Feb 2024 | 50.95 | 49.95 | 50.95 | 49.95 | 0.053 times |
| 26 Mon Feb 2024 | 49.95 | 48.65 | 50.85 | 48.65 | 0.247 times |
| 23 Fri Feb 2024 | 50.65 | 52.95 | 52.95 | 48.00 | 0.454 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 50.9 as stoploss in an intra day sell trade for a target of 50.09. However, stock will show a bullish move above 50.9.
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 37.49 |
| Downside Target | 39.80 |
| Downside Target | 42.00 |
| Downside Target | 45.40 |
| Downside Target | 48.00 |
| Downside Target | 49.50 |
| Downside Target | 50.70 |
| Upside Target | 51.80 |
| Upside Target | 52.58 |
| Upside Target | 54.00 |
| Upside Target | 54.50 |
| Upside Target | 55.00 |
Intraday share price targets for Salem (Salem)
| Target Type | Value |
| Downside Intraday Target | 48.87 |
| Downside Intraday Target | 47.05 |
| Upside Intraday Target | 53.26 |
| Upside Intraday Target | 55.83 |
| Upside Intraday Target | 51.44 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 50.70 | 52.40 | 54.00 | 49.61 | 5.279 times |
| 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 |
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 |
| 06 Wed Mar 2024 | 50.70 | 50.90 | 54.00 | 49.50 | 0.202 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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.
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 green color and prices are in or below 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 but buying is losing 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 50.58 and Salem (Salem) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 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.
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 green color and prices are in or below 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 but buying is losing 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 50.58 and Salem (Salem) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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.
Click here for further forecast and predictions for tomorrow