(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)
10 day averaged volume of Salem is 746
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 44.90 | 46.00 | 46.00 | 44.81 | 0.363 times |
| 30 Tue Apr 2024 | 45.03 | 46.00 | 46.00 | 45.00 | 0.166 times |
| 29 Mon Apr 2024 | 45.00 | 46.99 | 46.99 | 44.55 | 2.288 times |
| 26 Fri Apr 2024 | 44.42 | 44.01 | 45.80 | 43.20 | 5.327 times |
| 25 Thu Apr 2024 | 47.00 | 47.00 | 47.00 | 47.00 | 0.212 times |
Share price targets for Salem (Salem)
| Target Type | Value |
| Downside Target | 39.80 |
| Downside Target | 42.00 |
| Upside Target | 46.80 |
| Upside Target | 46.99 |
| Upside Target | 49.00 |
| Upside Target | 50.00 |
| Upside Target | 50.70 |
| Upside Target | 52.90 |
| Upside Target | 55.00 |
Intraday share price targets for Salem (Salem)
| Target Type | Value |
| Downside Intraday Target | 43.97 |
| Downside Intraday Target | 43.04 |
| Upside Intraday Target | 46.41 |
| Upside Intraday Target | 47.92 |
| Upside Intraday Target | 45.48 |
Weekly technical analysis of Salem (Salem)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 44.90 | 46.99 | 46.99 | 44.55 | 0.444 times |
| 26 Fri Apr 2024 | 44.42 | 45.00 | 49.00 | 43.20 | 1.666 times |
| 19 Fri Apr 2024 | 44.09 | 45.50 | 46.80 | 44.00 | 0.459 times |
| 12 Fri Apr 2024 | 44.65 | 52.90 | 52.90 | 42.80 | 1.541 times |
| 05 Fri Apr 2024 | 45.61 | 50.00 | 50.00 | 45.40 | 1.583 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 Thu May 2024 | 44.90 | 46.00 | 46.00 | 44.81 | 0.014 times |
| 30 Tue Apr 2024 | 45.03 | 50.00 | 52.90 | 42.80 | 0.501 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 |
Price has moved down 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 26, 28, 4 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 31 | None |
| CCI | -32 | Sell |
| RSI | 53 | Buy |
| OBV | -6406 | Sell |
| VWAP | 45 | Buy |
| ADL | 0 | Sell |
| ROC | -3 | Sell |
| Force Index | 0 | Sell |
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 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 to mid term time period is
Price action analysis of Salem ( (Salem) ) based on a mid to longer 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.
ADX buy sell signal for Salem stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Salem in short term and the sell signal is strong.
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 and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining 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 44.89 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 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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