SALMON EVOLUTION ASA (SALME.OL) Technical Analysis
OSL:SALME • NO0010892094
Current stock price
SALME.OL Technical Rating and Analysis
Overall SALME gets a technical rating of 6 out of 10. In the last year, SALME was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- When comparing the yearly performance of all stocks, SALME is a bad performer in the overall market: 77% of all stocks are doing better.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month SALME has a been trading in the 4.36 - 5.25 range, which is quite wide. It is currently trading near the high of this range.
- SALME is part of the Food Products industry. There are 61 other stocks in this industry, SALME did better than 41% of them.
- SALME is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SALME is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
SALME.OL Weekly and Daily overview Charts
SALME.OL Setup Rating and Analysis
SALME has an average technical rating and it also does not offer a high 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
SALME.OL Support and Resistance Analysis
4.48
We found 1 important support area.
- Support @4.53 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 5.14 to 5.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 5.26 to 5.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
SALME.OL 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SALME.OL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SALME.OL is up. |
| ChartMill Relative Strength | 23.86 | NEGATIVE | SALME.OL has a low relative strength, it was outperformed by 76.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SALME.OL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SALME.OL is above the rising 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) | 67.59 | NEUTRAL | The RSI value for SALME.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests SALME.OL has a positive trend. |
| Stochastics (14,3) | 87.69 | OVERBOUGHT | The high Stochastics value suggests SALME.OL may be overbought. |
| Average True Range in percent/ATR (20) | 2.82 | MEDIUM VOLATILITY | The ATR as a percentage value for SALME.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.07 | NEGATIVE | The low ADX value for SALME.OL suggests a weak or negative trend. |
SALME.OL Chart- and CandleStick Pattern Analysis
SALME.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:SALME (4/10/2026, 7:00:00 PM)
5.14
+0.07 (+1.38%)
SALMON EVOLUTION ASA / SALME.OL TA FAQ
What is the technical rating for SALME stock?
ChartMill assigns a technical rating of 6 / 10 to SALME.OL.
What is the current trend direction of SALMON EVOLUTION ASA (SALME.OL) stock?
The current trend direction for SALMON EVOLUTION ASA (SALME.OL) is Bearish.
What is the RSI signal for SALME stock?
SALMON EVOLUTION ASA (SALME.OL) has an RSI value of 67.5883. This indicates that the stock is currently neutral.
What is the MACD signal for SALME stock?
The MACD indicator for SALMON EVOLUTION ASA (SALME.OL) has a value of 0.0576774, indicating a bearish trend.
Can you provide the support and resistance levels for SALMON EVOLUTION ASA?
SALMON EVOLUTION ASA (SALME.OL) has a support level at 4.53 and a resistance level at 5.14. Check the full technical report for our detailed analysis of SALME.OL support and resistance levels.