SALMON EVOLUTION ASA (SALME.OL) Stock Technical Analysis
Europe - OSL:SALME - NO0010892094 - Common Stock
Overall SALME gets a technical rating of 0 out of 10. SALME'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.
SALME has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 5.13, a Stop Loss order could be placed below this zone.
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4.99
When analyzing the support we notice one important area.
- A support zone ranging from 5.04 to 5.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 5.14 to 5.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.86 to 5.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.03 from a horizontal line in the daily time frame.
- Resistance @6.74 from a trend line in the weekly time frame.
- Resistance @7.29 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 | DOWN | NEGATIVE | The long term trend for SALME.OL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SALME.OL is down. |
| ChartMill Relative Strength | 15.19 | NEGATIVE | SALME.OL has a low relative strength, it was outperformed by 84.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SALME.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SALME.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SALME.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.98 | NEUTRAL | The RSI value for SALME.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests SALME.OL has a negative trend. |
| Stochastics (14,3) | 30.16 | NEUTRAL | The Stochastics value for SALME.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for SALME.OL suggests low volalility. |
| Average Directional Index/ADX (14) | 8.65 | NEGATIVE | The low ADX value for SALME.OL suggests a weak or negative trend. |
OSL:SALME (11/7/2025, 7:00:00 PM)
5.13
+0.02 (+0.39%)
SALMON EVOLUTION ASA / SALME.OL FAQ
What is the technical rating for SALME stock?
ChartMill assigns a technical rating of 0 / 10 to SALME.OL.
Can you provide the trend direction for SALMON EVOLUTION ASA?
The current trend direction for SALMON EVOLUTION ASA (SALME.OL) is Bearish.
Can you provide the RSI signal for SALMON EVOLUTION ASA?
SALMON EVOLUTION ASA (SALME.OL) has an RSI value of 44.982. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for SALMON EVOLUTION ASA?
The buy/sell signal for SALMON EVOLUTION ASA (SALME.OL) is sell as both the short term and long term trends are negative.
What is the support and resistance level for SALME stock?
SALMON EVOLUTION ASA (SALME.OL) has a support level at 5.13 and a resistance level at 5.14. Check the full technical report for our detailed analysis of SALME.OL support and resistance levels.