(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 2024-04-04 View latest technical analysis
10 day averaged volume of Salem is 623
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Thu Apr 2024 | 47.40 | 47.89 | 47.89 | 46.25 | 0.201 times |
| 03 Wed Apr 2024 | 46.95 | 45.40 | 46.95 | 45.40 | 0.343 times |
| 02 Tue Apr 2024 | 48.03 | 48.45 | 48.50 | 48.00 | 0.594 times |
| 01 Mon Apr 2024 | 48.50 | 50.00 | 50.00 | 48.50 | 0.324 times |
| 28 Thu Mar 2024 | 44.60 | 45.84 | 45.95 | 44.30 | 2.019 times |
| 27 Wed Mar 2024 | 46.78 | 47.55 | 47.75 | 42.00 | 1.629 times |
| 26 Tue Mar 2024 | 47.55 | 47.70 | 47.70 | 46.80 | 0.425 times |
| 22 Fri Mar 2024 | 46.80 | 44.30 | 46.80 | 44.00 | 0.531 times |
| 21 Thu Mar 2024 | 44.30 | 48.45 | 48.45 | 44.00 | 0.57 times |
| 20 Wed Mar 2024 | 45.35 | 53.90 | 53.90 | 45.00 | 3.286 times |
My analysis of stock is bullish for shortterm, and stock might move up till 49 or till 51.1. Use a stoploss of 47.18 and if this stock hits its stoploss, then it can fall down till 45.4
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 37.60 |
| Downside Target | 39.80 |
| Downside Target | 42.00 |
| Downside Target | 43.00 |
| Downside Target | 44.00 |
| Downside Target | 45.40 |
| Upside Target | 47.75 |
| Upside Target | 50.00 |
| Upside Target | 50.70 |
| Upside Target | 53.90 |
| Upside Target | 54.90 |
| Upside Target | 55.00 |
Intraday share price targets for Salem (Salem)
| Target Type | Value |
| Downside Intraday Target | 45.2 |
| Downside Intraday Target | 43 |
| Upside Intraday Target | 49.8 |
| Upside Intraday Target | 52.2 |
| Upside Intraday Target | 47.6 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Thu Apr 2024 | 47.40 | 50.00 | 50.00 | 45.40 | 0.359 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 |
| 15 Fri Mar 2024 | 47.64 | 48.26 | 54.90 | 43.00 | 0.251 times |
| 07 Thu Mar 2024 | 49.86 | 52.40 | 55.00 | 46.31 | 5.517 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 |
| 04 Thu Apr 2024 | 47.40 | 50.00 | 50.00 | 45.40 | 0.023 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Salem stock for short term is BUY. 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 but buying 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 45.9 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 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 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 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Salem stock for short term is BUY. 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 but buying 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 45.9 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 negative.
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