SALMAR ASA (SALM.OL) Technical Analysis
OSL:SALM • NO0010310956
Current stock price
SALM.OL Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to SALM. SALM has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When compared to the yearly performance of all other stocks, SALM outperforms 40% of them, which is more or less in line with the market.
- SALM is part of the Food Products industry. There are 59 other stocks in this industry, SALM did better than 63% of them.
- 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.
- In the last month SALM has a been trading in the 529.00 - 589.00 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 and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 558.93, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SALM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
SALM.OL Support and Resistance Analysis
522.71
When analyzing the support we notice one important area.
- A support zone ranging from 527.99 to 558.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
5 important resistance areas can be observed.
- Resistance @584.38 from a trend line in the daily time frame.
- Resistance @597.00 from a horizontal line in the daily time frame.
- Resistance @612.00 from a horizontal line in the daily time frame.
- A resistance zone ranging from 622.01 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.
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 | DOWN | NEGATIVE | The long term trend for SALM.OL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SALM.OL is neutral. |
| ChartMill Relative Strength | 40.43 | 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) | 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) | 51.89 | NEUTRAL | The RSI value for SALM.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.82 | POSITIVE | The MACD value suggests SALM.OL has a positive trend. |
| Stochastics (14,3) | 46.59 | NEUTRAL | The Stochastics value for SALM.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for SALM.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 13.32 | 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 (4/30/2026, 7:00:00 PM)
559
+13.5 (+2.47%)
SALMAR ASA / SALM.OL TA FAQ
Can you provide the ChartMill technical rating for SALMAR ASA?
ChartMill assigns a technical rating of 2 / 10 to SALM.OL.
Can you provide the trend direction for SALMAR ASA?
The current trend direction for SALMAR ASA (SALM.OL) is Bearish.
What is the RSI signal for SALM stock?
SALMAR ASA (SALM.OL) has an RSI value of 51.8948. This indicates that the stock is currently neutral.
What is the short term momentum for SALMAR ASA (SALM.OL) stock?
The short term momentum for SALMAR ASA (SALM.OL) is neutral.
Can you provide the support and resistance levels for SALMAR ASA?
SALMAR ASA (SALM.OL) has a support level at 558.93 and a resistance level at 584.38. Check the full technical report for our detailed analysis of SALM.OL support and resistance levels.