SALMAR ASA (SALM.OL) Stock Technical Analysis
Europe • Euronext Oslo • OSL:SALM • NO0010310956
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.
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.
More info and screens
522.71
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.
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 | NEUTRAL | NEUTRAL | The long term trend for SALM.OL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SALM.OL is neutral. |
| ChartMill Relative Strength | 29.61 | NEGATIVE | SALM.OL has a low relative strength, it was outperformed by 70.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SALM.OL is above a declining 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) | 46.18 | NEUTRAL | The RSI value for SALM.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.81 | POSITIVE | The MACD value suggests SALM.OL has a positive trend. |
| Stochastics (14,3) | 78.56 | NEUTRAL | The Stochastics value for SALM.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.7 | MEDIUM VOLATILITY | The ATR as a percentage value for SALM.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 31.43 | POSITIVE | The high ADX value value for SALM.OL suggests a strong trend. |
OSL:SALM (2/3/2026, 4:25:30 PM)
580.5
+18.5 (+3.29%)
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.