SALMAR ASA (SALM.OL) Stock Technical Analysis
OSL:SALM - Euronext Oslo - NO0010310956 - Common Stock - Currency: NOK
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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
83% of all other stocks performed better in the past year than SALM.
SALM is part of the Food Products industry. There are 57 other stocks in this industry, of which 80% are performing better than SALM.
In the last month SALM has a been trading in the 428.40 - 531.00 range, which is quite wide. It is currently trading near the high of this range.
SALM is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
SALM has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 523.93. Right above this resistance zone may be a good entry point. 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
471.03
605.51
We found 1 important support area.
- A support zone ranging from 475.79 to 478.05. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 521.38 to 531.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @540.00 from a horizontal line in the daily time frame.
- Resistance @565.26 from a trend line in the weekly time frame.
- A resistance zone ranging from 594.20 to 599.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.56
Mansfield-0.88
10 Day High531
10 Day Low486.6
20 Day High531
20 Day Low428.4
52 Week High679.5
52 Week Low428.4
Performance
1 Week-0.86%
2 Weeks5.61%
1 Month3.47%
3 Month-13.01%
6 Month-3.87%
12 Month-21.58%
2 Year6.65%
3 Year-25.07%
5 Year19.28%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)4.6
RSI(14)54.77
LBB471.31
UBB535.74
OSL:SALM (5/5/2025, 4:19:59 PM)
509.25
-12.25 (-2.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-2.35%
1 Week-0.86%
2 Weeks5.61%
1 Month3.47%
3 Month-13.01%
6 Month-3.87%
12 Month-21.58%
2 Year6.65%
3 Year-25.07%
5 Year19.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)19.44
ATR(20)%4.01%
ATR Inc-33.94%
Range Today14
ADR(20)19.26
ADR(20)%3.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.56
Mansfield-0.88
10 Day High531
10 Day Low486.6
20 Day High531
20 Day Low428.4
52 Week High679.5
52 Week Low428.4
CS1 End521.38
CR1 Start523.93
Volume & EV
DER(3)4.14%
DER(5)-0.27%
Volume51.62K
Volume Incr-3.52%
Vol(5)161.96K
Vol(50)171.82K