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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)

Showing technical analysis as on 2025-02-05 View latest technical analysis

10 day averaged volume of Salem is 507

Date Daily Closing Price Open High Low Volume
05 Wed Feb 2025 48.86 48.88 48.88 48.86 1.022 times
04 Tue Feb 2025 48.88 48.88 48.88 48.88 0.002 times
03 Mon Feb 2025 48.88 46.30 49.00 46.30 0.051 times
31 Fri Jan 2025 47.38 49.99 49.99 47.00 1.844 times
30 Thu Jan 2025 46.05 49.47 49.47 46.00 1.757 times
29 Wed Jan 2025 48.99 46.00 48.99 46.00 0.28 times
28 Tue Jan 2025 46.00 46.95 46.95 46.00 0.075 times
27 Mon Jan 2025 46.95 46.01 50.00 46.01 1.763 times
24 Fri Jan 2025 48.01 50.95 50.95 47.50 3.763 times
23 Thu Jan 2025 49.50 48.20 49.50 48.20 0.363 times

My analysis of stock is bearish for shortterm, and stock might move down till 47.4 or till 45.2. Use a stoploss of 49.16 and if the stock hits stoploss, then it can shoot up till 50.96

Share price targets for Salem (Salem)

Target Type Value
Downside Target 42.65
Downside Target 45.00
Downside Target 46.00
Downside Target 47.30
Upside Target 50.00
Upside Target 50.95
Upside Target 52.49
Upside Target 54.90
Upside Target 55.70
Upside Target 59.70
Upside Target 62.00

Intraday share price targets for Salem (Salem)

Target Type Value
Downside Intraday Target 47.11
Downside Intraday Target 45.35
Upside Intraday Target 49.81
Upside Intraday Target 50.75
Downside Intraday Target 48.05

Weekly technical analysis of Salem (Salem)

Date Weekly Closing Price Open High Low Volume
05 Wed Feb 2025 48.86 46.30 49.00 46.30 0.188 times
31 Fri Jan 2025 47.38 46.01 50.00 46.00 1.191 times
24 Fri Jan 2025 48.01 50.93 50.95 47.30 0.639 times
17 Fri Jan 2025 49.93 47.00 52.49 45.00 2.067 times
10 Fri Jan 2025 52.00 53.00 54.90 50.30 0.413 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
05 Wed Feb 2025 48.86 46.30 49.00 46.30 0.04 times
31 Fri Jan 2025 47.38 53.00 54.90 42.65 0.555 times
31 Tue Dec 2024 52.98 56.50 62.00 48.00 1.575 times
29 Fri Nov 2024 56.55 54.50 59.70 43.50 0.632 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 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.

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 to mid 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.

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 Strong 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Salem in short term but SELL signal is weak.

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 47.56 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 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 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.

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 to mid 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.

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 Strong 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Salem in short term but SELL signal is weak.

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 47.56 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 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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Daily charts

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