SALMAR ASA (SALM.OL) Technical Analysis
OSL:SALM • NO0010310956
Current stock price
SALM.OL Technical Rating and Analysis
Overall SALM gets a technical rating of 1 out of 10. SALM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 68% of all other stocks performed better in the past year than SALM.
- SALM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SALM is performing more or less in line with the market.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- SALM is part of the Food Products industry. There are 63 other stocks in this industry, SALM did better than 54% of them.
- In the last month SALM has a been trading in the 540.50 - 604.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SALM.OL Weekly and Daily overview Charts
SALM.OL Setup Rating and Analysis
Although the technical rating is bad, SALM does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 533.00, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
SALM.OL Support and Resistance Analysis
522.71
When analyzing the support we can see 2 important areas.
- Support @555.22 from a trend line in the daily time frame.
- A support zone ranging from 527.99 to 533.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 571.25 to 575.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @597.00 from a horizontal line in the daily time frame.
- A resistance zone ranging from 616.00 to 622.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @634.50 from a horizontal line in the weekly time frame.
SALM.OL 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SALM.OL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SALM.OL is neutral. |
| ChartMill Relative Strength | 32.89 | NEUTRAL | SALM.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SALM.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SALM.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SALM.OL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.48 | NEUTRAL | The RSI value for SALM.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.47 | NEGATIVE | The MACD value suggests SALM.OL has a negative trend. |
| Stochastics (14,3) | 42.71 | NEUTRAL | The Stochastics value for SALM.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for SALM.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 12.08 | NEGATIVE | The low ADX value for SALM.OL suggests a weak or negative trend. |
SALM.OL Chart- and CandleStick Pattern Analysis
SALM.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:SALM (3/19/2026, 4:15:04 PM)
563
+3 (+0.54%)
SALMAR ASA / SALM.OL TA FAQ
Can you provide the ChartMill technical rating for SALMAR ASA?
ChartMill assigns a technical rating of 1 / 10 to SALM.OL.
Can you provide the trend direction for SALMAR ASA?
The current trend direction for SALMAR ASA (SALM.OL) is Bearish.
Can you provide the RSI signal for SALMAR ASA?
SALMAR ASA (SALM.OL) has an RSI value of 43.4804. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SALMAR ASA?
The MACD indicator for SALMAR ASA (SALM.OL) has a value of -0.469068, indicating a bearish trend.