SALMAR ASA (SALM.OL) Stock Technical Analysis
OSL:SALM - Euronext Oslo - NO0010310956 - Common Stock - Currency: NOK
We assign a technical rating of 1 out of 10 to SALM. SALM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
85% of all other stocks performed better in the past year than SALM.
SALM is one of the lesser performing stocks in the Food Products industry. 75% of 57 stocks in the same industry do better.
SALM is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month SALM has a been trading in the 528.50 - 608.00 range, which is quite wide. It is currently trading near the lows of this range.
SALM has a poor technical rating and the quality of the setup is also not perfect 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
616.62
We found 1 important support area.
- A support zone ranging from 523.99 to 538.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 549.32 to 552.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 564.95 to 567.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 586.33 to 610.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.8
Mansfield-1.15
10 Day High578.5
10 Day Low528.5
20 Day High608
20 Day Low528.5
52 Week High717.6
52 Week Low520
Performance
1 Week-1.62%
2 Weeks-5.04%
1 Month-3.45%
3 Month-7.3%
6 Month1.11%
12 Month-21.73%
2 Year19.79%
3 Year-21.82%
5 Year57.17%
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)-4.37
RSI(14)41.11
LBB522.5
UBB600.35
OSL:SALM (3/7/2025, 7:00:00 PM)
546
+9 (+1.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg1.68%
1 Week-1.62%
2 Weeks-5.04%
1 Month-3.45%
3 Month-7.3%
6 Month1.11%
12 Month-21.73%
2 Year19.79%
3 Year-21.82%
5 Year57.17%
10 YearN/A
15 YearN/A
Volatility
ATR(14)12.57
ATR(20)%2.4%
ATR Inc1.07%
Range Today13
ADR(20)12.3
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.8
Mansfield-1.15
10 Day High578.5
10 Day Low528.5
20 Day High608
20 Day Low528.5
52 Week High717.6
52 Week Low520
CS1 End538
CR1 Start549.32
Volume & EV
DER(3)1.66%
DER(5)0.63%
Volume164.78K
Volume Incr16.94%
Vol(5)181.45K
Vol(50)155.77K