Logo image of SALM.OL

SALMAR ASA (SALM.OL) Stock Technical Analysis

OSL:SALM - NO0010310956 - Common Stock

514 NOK
+0.5 (+0.1%)
Last: 9/5/2025, 7:00:00 PM
Technical Rating and Analysis

8

Taking everything into account, SALM scores 8 out of 10 in our technical rating. Although SALM is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
SALM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the performance of all stocks over the past year, SALM turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
SALM is an average performer in the Food Products industry, it outperforms 46% of 57 stocks in the same industry.
SALM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SALM is lagging the market.
Weekly and Daily overview Charts
SALMAR ASA / SALM Weekly stock chart
SALMAR ASA / SALM Daily stock chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, SALM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 514.51. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 512.99, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

445.49

559.83

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 500.33 to 512.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 449.99 to 451.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 514.51 to 517.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @530.00 from a horizontal line in the daily time frame.
  • Resistance @554.29 from a trend line in the weekly time frame.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for SALM.OL is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for SALM.OL is up.
ChartMill Relative Strength43.11NEUTRALSALM.OL is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of SALM.OL is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of SALM.OL is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of SALM.OL is above a declining SMA(200).
Relative Strength Index/RSI (14)70.25OVERBOUGHTThe high RSI value suggests SALM.OL may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)1.23POSITIVEThe MACD value suggests SALM.OL has a positive trend, although the MACD value is declining.
Stochastics (14,3)85.08OVERBOUGHTThe high Stochastics value suggests SALM.OL may be overbought.
Average True Range in percent/ATR (20)2.51MEDIUM VOLATILITYThe ATR as a percentage value for SALM.OL suggests some volalility.
Average Directional Index/ADX (14)44.47POSITIVEThe high ADX value value for SALM.OL suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
517.85500.3217.53 (3.39%)25.00%
An entry @517.85. This is a Buy Stop order right above the resistance zone.An exit @500.32. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 17.53 points, which is 3.39%.For a 0.85% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of SALM. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SALMAR ASA / SALM Daily stock chart

SALMAR ASA

OSL:SALM (9/5/2025, 7:00:00 PM)

514

+0.5 (+0.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.1%
1 Week-0.29%
2 Weeks3.3%
1 Month10.04%
3 Month10.94%
6 Month-6.04%
12 Month-5%
2 Year-5.59%
3 Year39.71%
5 Year-3.02%
10 YearN/A
15 YearN/A
Volatility
ATR(14)13
ATR(20)%2.51%
ATR Inc-37.87%
Range Today6.5
ADR(20)12.16
ADR(20)%2.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.11
Mansfield-1
10 Day High522
10 Day Low491.6
20 Day High522
20 Day Low449.6
52 Week High615
52 Week Low407.2
CS1 End512.99
CR1 Start514.51
Volume & EV
DER(3)0.84%
DER(5)-1.18%
Volume139.93K
Volume Incr-30%
Vol(5)207.27K
Vol(50)278.53K