SALMAR ASA (SALM.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:SALM - NO0010310956 - Common Stock
We assign a technical rating of 8 out of 10 to SALM. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, SALM is only an average performer.
Although SALM has an excellent technical rating, the quality of the presented setup is not ideal 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.
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552.91
When analyzing the support we can see 3 important areas.
- A support zone ranging from 577.67 to 607.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @568.49 from a horizontal line in the weekly time frame.
- Support @558.49 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 616.01 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.
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 | UP | POSITIVE | The long term trend for SALM.OL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SALM.OL is up. |
| ChartMill Relative Strength | 65.27 | NEUTRAL | SALM.OL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SALM.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SALM.OL is above the rising 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) | 65.1 | NEUTRAL | The RSI value for SALM.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.05 | POSITIVE | The MACD value suggests SALM.OL has a positive trend. |
| Stochastics (14,3) | 85.57 | OVERBOUGHT | The high Stochastics value suggests SALM.OL may be overbought. |
| Average True Range in percent/ATR (20) | 1.74 | LOW VOLATILITY | The low ATR as a percentage value for SALM.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 26.12 | POSITIVE | The high ADX value value for SALM.OL suggests a strong trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 622.02 | 595.99 | 26.03 (4.18%) | 23.90% |
| An entry @622.02. This is a Buy Stop order right above the resistance zone. | An exit @595.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 26.03 points, which is 4.18%. | For a 1.00% total portfolio risk, you can invest 23.90% of your capital in this trade. |
- 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.
OSL:SALM (12/18/2025, 4:19:54 PM)
609
-6 (-0.98%)
SALMAR ASA / SALM.OL FAQ
Can you provide the ChartMill technical rating for SALMAR ASA?
ChartMill assigns a technical rating of 8 / 10 to SALM.OL.
What is the current trend direction of SALMAR ASA (SALM.OL) stock?
The current trend direction for SALMAR ASA (SALM.OL) is Bullish.
Can you provide the RSI signal for SALMAR ASA?
SALMAR ASA (SALM.OL) has an RSI value of 65.0983. This indicates that the stock is currently neutral.
What is the MACD signal for SALM stock?
The MACD indicator for SALMAR ASA (SALM.OL) has a value of 1.04926, indicating a bullish trend.
What is the short term momentum for SALM stock?
The short term momentum for SALMAR ASA (SALM.OL) is positive.