SALMON EVOLUTION ASA (SALME.OL) Technical Analysis
OSL:SALME • NO0010892094
Current stock price
SALME.OL Technical Rating and Analysis
Taking everything into account, SALME scores 0 out of 10 in our technical rating. SALME scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, SALME is a bad performer in the overall market: 86% of all stocks are doing better.
- SALME is one of the lesser performing stocks in the Food Products industry. 67% of 63 stocks in the same industry do better.
- SALME is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SALME is lagging the market.
- In the last month SALME has a been trading in the 4.25 - 4.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SALME.OL Weekly and Daily overview Charts
SALME.OL Setup Rating and Analysis
SALME has a poor technical rating and the quality of the setup is also only medium 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
4.25
We found 3 important support areas.
- Support @4.61 from a horizontal line in the daily time frame.
- A support zone ranging from 4.43 to 4.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.29 to 4.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 4.75 to 4.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.07 to 5.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 5.32 to 5.34. 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 | DOWN | NEGATIVE | The long term trend for SALME.OL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SALME.OL is neutral. |
| ChartMill Relative Strength | 14 | NEGATIVE | SALME.OL has a low relative strength, it was outperformed by 86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SALME.OL is above 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) | 50.06 | NEUTRAL | The RSI value for SALME.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SALME.OL has a positive trend. |
| Stochastics (14,3) | 63.9 | NEUTRAL | The Stochastics value for SALME.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.96 | MEDIUM VOLATILITY | The ATR as a percentage value for SALME.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 20.59 | NEUTRAL | The ADX value for SALME.OL suggests a possible start of a new trend. |
SALME.OL Chart- and CandleStick Pattern Analysis
SALME.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:SALME (3/18/2026, 9:59:49 AM)
4.675
+0.08 (+1.74%)
SALMON EVOLUTION ASA / SALME.OL TA FAQ
What is the technical rating for SALME stock?
ChartMill assigns a technical rating of 0 / 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.
Can you provide the RSI signal for SALMON EVOLUTION ASA?
SALMON EVOLUTION ASA (SALME.OL) has an RSI value of 50.0621. This indicates that the stock is currently neutral.
What is the MACD signal for SALMON EVOLUTION ASA (SALME.OL) stock?
The MACD indicator for SALMON EVOLUTION ASA (SALME.OL) has a value of 0.026246, indicating a bearish trend.
Can you provide the short term momentum for SALMON EVOLUTION ASA?
The short term momentum for SALMON EVOLUTION ASA (SALME.OL) is neutral.