Logo image of SALME.OL

SALMON EVOLUTION ASA (SALME.OL) Stock Technical Analysis

Europe - Euronext Oslo - OSL:SALME - NO0010892094 - Common Stock

4.91 NOK
+0.02 (+0.31%)
Last: 12/18/2025, 4:19:49 PM
Technical Rating and Analysis

0

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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SALME is a bad performer in the overall market: 89% of all stocks are doing better.
SALME is one of the lesser performing stocks in the Food Products industry. 71% of 61 stocks in the same industry do better.
SALME is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month SALME has a been trading in the 4.66 - 5.09 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Considerably lower volume is observed in the last couple of days.

More info and screens

Weekly and Daily overview Charts
SALMON EVOLUTION ASA / SALME Weekly stock chart
SALMON EVOLUTION ASA / SALME Daily stock chart
Setup Rating and Analysis

8

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 resistance zone just above the current price starting at 5.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.91, a Stop Loss order could be placed below this zone.

More info and screens

Support and Resistance Analysis

4.65

7.36

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 4.87 to 4.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 4.70 to 4.77. 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 5.00 to 5.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 5.32 to 5.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @5.73 from a trend line in the weekly time frame.
  • Resistance @6.69 from a trend line in the weekly time frame.
  • Resistance @7.29 from a horizontal line in the weekly time frame.

More info

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 IndicatorDOWNNEGATIVEThe long term trend for SALME.OL is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for SALME.OL is down.
ChartMill Relative Strength11.46NEGATIVESALME.OL has a low relative strength, it was outperformed by 88.54% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of SALME.OL is above a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of SALME.OL is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of SALME.OL is below a declining SMA(200).
Relative Strength Index/RSI (14)48.83NEUTRALThe RSI value for SALME.OL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.02POSITIVEThe MACD value suggests SALME.OL has a positive trend, although the MACD value is declining.
Stochastics (14,3)54.79NEUTRALThe Stochastics value for SALME.OL is a neutral value.
Average True Range in percent/ATR (20)1.95LOW VOLATILITYThe low ATR as a percentage value for SALME.OL suggests low volalility.
Average Directional Index/ADX (14)14.55NEGATIVEThe low ADX value for SALME.OL suggests a weak or negative 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)

More info

SALMON EVOLUTION ASA / SALME Daily stock chart

SALMON EVOLUTION ASA

OSL:SALME (12/18/2025, 4:19:49 PM)

4.91

+0.02 (+0.31%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.31%
1 Week-1.01%
2 Weeks3.37%
1 Month-1.21%
3 Month-6.65%
6 Month-19.11%
12 Month-26.5%
2 Year-27.58%
3 Year-40.63%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%1.95%
ATR Inc-49.51%
Range Today0.03
ADR(20)0.09
ADR(20)%1.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.46
3 months CRS21.19
6 months CRS10.17
Mansfield-2.39
10 Day High5.09
10 Day Low4.68
20 Day High5.09
20 Day Low4.66
52 Week High7.15
52 Week Low4.66
CS1 End4.91
CR1 Start5
Volume & EV
DER(3)-0.07%
DER(5)-0.18%
Volume5.41K
Volume Incr-50.26%
Vol(5)338.02K
Vol(50)577.59K

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 48.8329. 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 4.91 and a resistance level at 5. Check the full technical report for our detailed analysis of SALME.OL support and resistance levels.