SALMAR ASA (SALM.OL) Stock Technical Analysis
Europe - Euronext Oslo - OSL:SALM - NO0010310956 - Common Stock
Overall SALM gets a technical rating of 4 out of 10. In the last year, SALM was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, SALM does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 568.49, a Stop Loss order could be placed below this zone.
More info and screens
548.75
We found 2 important support areas.
- A support zone ranging from 568.40 to 568.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 554.29 to 558.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 568.61 to 575.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @599.50 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 609.86 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 | DOWN | NEGATIVE | The short term trend for SALM.OL is down. |
| ChartMill Relative Strength | 52.87 | 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) | UP | MIXED | The current price of SALM.OL is below 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) | 46.78 | NEUTRAL | The RSI value for SALM.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.14 | NEGATIVE | The MACD value suggests SALM.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.56 | NEUTRAL | The Stochastics value for SALM.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.17 | MEDIUM VOLATILITY | The ATR as a percentage value for SALM.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 21.05 | NEUTRAL | The ADX value for SALM.OL suggests a possible start of a new trend. |
OSL:SALM (11/21/2025, 7:00:00 PM)
568.5
-3 (-0.52%)
SALMAR ASA / SALM.OL FAQ
Can you provide the ChartMill technical rating for SALMAR ASA?
ChartMill assigns a technical rating of 4 / 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 46.7802. 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 -2.13828, indicating a bearish trend.
What is the short term momentum for SALM stock?
The short term momentum for SALMAR ASA (SALM.OL) is negative.