SALMAR ASA (SALM.OL) Stock Technical Analysis

Europe • Euronext Oslo • OSL:SALM • NO0010310956

580.5 NOK
+18.5 (+3.29%)
Last: Feb 3, 2026, 04:25 PM
Technical Rating and Analysis

2

Overall SALM gets a technical rating of 2 out of 10. SALM performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.

  • When comparing the yearly performance of all stocks, SALM is a bad performer in the overall market: 71% of all stocks are doing better.
  • SALM is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SALM is lagging the market slightly.
  • The long and short term trends are both neutral. This gives a pretty neutral overall picture!
  • SALM is an average performer in the Food Products industry, it outperforms 51% of 67 stocks in the same industry.
  • In the last month SALM has a been trading in the 522.00 - 605.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
SALMAR ASA / SALM Weekly stock chart
SALMAR ASA / SALM Daily stock chart
Setup Rating and Analysis

2

The technical rating of SALM is bad and it also does not present a quality setup 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.

Support and Resistance Analysis

522.71

640.85

When analyzing the support we notice one important area.

  • A support zone ranging from 527.99 to 533.54. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 614.74 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.
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 IndicatorNEUTRALNEUTRALThe long term trend for SALM.OL is neutral.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for SALM.OL is neutral.
ChartMill Relative Strength29.61NEGATIVESALM.OL has a low relative strength, it was outperformed by 70.39% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of SALM.OL is above a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of SALM.OL is below a declining SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of SALM.OL is above the rising SMA(200).
Relative Strength Index/RSI (14)46.18NEUTRALThe RSI value for SALM.OL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)1.81POSITIVEThe MACD value suggests SALM.OL has a positive trend.
Stochastics (14,3)78.56NEUTRALThe Stochastics value for SALM.OL is a neutral value.
Average True Range in percent/ATR (20)2.7MEDIUM VOLATILITYThe ATR as a percentage value for SALM.OL suggests some volalility.
Average Directional Index/ADX (14)31.43POSITIVEThe 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)
SALMAR ASA / SALM Daily stock chart

SALMAR ASA

OSL:SALM (2/3/2026, 4:25:30 PM)

580.5

+18.5 (+3.29%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg3.29%
1 Week5.15%
2 Weeks1.35%
1 Month-6.26%
3 Month-2.09%
6 Month20.55%
12 Month-0.62%
2 Year-16.54%
3 Year30.09%
5 Year-1.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)16.71
ATR(20)%2.7%
ATR Inc-37.88%
Range Today15.25
ADR(20)13.8
ADR(20)%2.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.61
3 months CRS24.84
6 months CRS73.7
Mansfield-0.36
10 Day High576
10 Day Low522
20 Day High605
20 Day Low522
52 Week High627
52 Week Low407.2
CS1 End533.54
CR1 Start614.74
Volume & EV
DER(3)-0.42%
DER(5)-1.13%
Volume92.73K
Volume Incr27.6%
Vol(5)292.25K
Vol(50)220.22K

SALMAR ASA / SALM.OL 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 46.1849. 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 1.80848, indicating a bullish trend.