SALMAR ASA (SALM.OL) Stock Technical Analysis
OSL:SALM - Oslo Bors ASA - NO0010310956 - Common Stock - Currency: NOK
We assign a technical rating of 5 out of 10 to SALM. In the last year, SALM was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
When comparing the yearly performance of all stocks, SALM is a bad performer in the overall market: 65% of all stocks are doing better.
SALM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
SALM is part of the Food Products industry. There are 60 other stocks in this industry, SALM did better than 59% of them.
In the last month SALM has a been trading in the 523.00 - 615.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SALM has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
518.75
634.28
We found 2 important support areas.
- A support zone ranging from 569.40 to 569.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 523.99 to 543.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 586.45 to 610.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @628.00 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.85
Mansfield-1.37
10 Day High615
10 Day Low568.5
20 Day High615
20 Day Low523
52 Week High717.6
52 Week Low520
Performance
1 Week-3.55%
2 Weeks0%
1 Month5.55%
3 Month5.06%
6 Month-9.08%
12 Month-1.62%
2 Year32.18%
3 Year-12.05%
5 Year35.76%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)1
RSI(14)49.15
LBB554.4
UBB608.53
SALMAR ASA
OSL:SALM (2/5/2025, 3:37:13 PM)
576
+5 (+0.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.88%
1 Week-3.55%
2 Weeks0%
1 Month5.55%
3 Month5.06%
6 Month-9.08%
12 Month-1.62%
2 Year32.18%
3 Year-12.05%
5 Year35.76%
10 YearN/A
15 YearN/A
Volatility
ATR(14)13.71
ATR(20)%2.4%
ATR Inc42.66%
Range Today11
ADR(20)12
ADR(20)%2.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.85
Mansfield-1.37
10 Day High615
10 Day Low568.5
20 Day High615
20 Day Low523
52 Week High717.6
52 Week Low520
CS1 End569.56
CR1 Start586.45
Volume & EV
DER(3)-0.39%
DER(5)0.31%
Volume55.19K
Volume Incr17.97%
Vol(5)177.19K
Vol(50)173.69K