(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 2024-04-02 View latest technical analysis
10 day averaged volume of Salem is 575
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 48.03 | 48.45 | 48.50 | 48.00 | 0.643 times |
| 01 Mon Apr 2024 | 48.50 | 50.00 | 50.00 | 48.50 | 0.351 times |
| 28 Thu Mar 2024 | 44.60 | 45.84 | 45.95 | 44.30 | 2.188 times |
| 27 Wed Mar 2024 | 46.78 | 47.55 | 47.75 | 42.00 | 1.765 times |
| 26 Tue Mar 2024 | 47.55 | 47.70 | 47.70 | 46.80 | 0.461 times |
| 22 Fri Mar 2024 | 46.80 | 44.30 | 46.80 | 44.00 | 0.576 times |
| 21 Thu Mar 2024 | 44.30 | 48.45 | 48.45 | 44.00 | 0.617 times |
| 20 Wed Mar 2024 | 45.35 | 53.90 | 53.90 | 45.00 | 3.56 times |
| 19 Tue Mar 2024 | 45.25 | 45.12 | 45.25 | 45.10 | 0.292 times |
| 18 Mon Mar 2024 | 47.00 | 47.00 | 47.64 | 47.00 | 0.183 times |
My analysis of stock is bullish for shortterm, and stock might move up till 49.9 or till 52.6. Use a stoploss of 47.62 and if this stock hits its stoploss, then it can fall down till 45.37
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 |
| Downside 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 | 47.35 |
| Downside Intraday Target | 46.68 |
| Upside Intraday Target | 49.35 |
| Upside Intraday Target | 50.68 |
| Upside Intraday Target | 48.68 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Apr 2024 | 48.03 | 50.00 | 50.00 | 48.00 | 0.225 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 |
| 02 Tue Apr 2024 | 48.03 | 50.00 | 50.00 | 48.00 | 0.015 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 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 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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above 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 45.84 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 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 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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above 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 45.84 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.
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