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(SALONA) Salona Cotspin complete technical analysis [charts+indicators] | Buy/Sell Salona Cotspin | (SALONA) share price targets

Complete technical analysis of Salona Cotspin (SALONA) by charts plus indicators, forecast predictions and share price targets for Salona Cotspin (SALONA)

Showing technical analysis as on 2024-08-08 View latest technical analysis

10 day averaged volume of Salona Cotspin is 2976

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	290.75	292.25	307.60	288.50	2.378 times
07 Wed Aug 2024	294.55	288.00	306.05	288.00	0.51 times
06 Tue Aug 2024	286.45	292.95	299.50	280.60	1.082 times
05 Mon Aug 2024	291.45	293.20	301.95	288.00	1.293 times
02 Fri Aug 2024	295.85	299.50	308.80	291.00	0.669 times
01 Thu Aug 2024	301.15	303.70	303.95	298.00	0.294 times
31 Wed Jul 2024	303.25	298.00	305.80	297.60	0.388 times
30 Tue Jul 2024	298.80	308.05	308.70	296.60	0.66 times
29 Mon Jul 2024	306.60	307.20	315.00	302.80	1.316 times
26 Fri Jul 2024	305.60	293.30	308.45	293.20	2.111 times

Stock of Salona Cotspin (SALONA) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 291.8, but if it comes above 291.8, then a intra day buy could be more profitable.
If you take a sell trade below 291.8, then use 291.8 as stoploss and 284.2 as target. However if you take a buy trade in stock , then use 291.8 as stoploss and 298.19 as target.

Share price targets for Salona Cotspin (SALONA)

Target Type	Value
Downside Target	251.35
Downside Target	275.00
Downside Target	280.60
Upside Target	307.60
Upside Target	308.80
Upside Target	310.15
Upside Target	315.00
Upside Target	317.50
Upside Target	323.30
Upside Target	327.00
Upside Target	328.90
Upside Target	340.00

Intraday share price targets for Salona Cotspin (SALONA)

Target Type	Value
Downside Intraday Target	278.37
Downside Intraday Target	265.98
Upside Intraday Target	305.37
Upside Intraday Target	319.98
Upside Intraday Target	292.98

Weekly technical analysis of Salona Cotspin (SALONA)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	290.75	293.20	307.60	280.60	1.582 times
02 Fri Aug 2024	295.85	307.20	315.00	291.00	0.656 times
26 Fri Jul 2024	305.60	289.95	317.50	286.60	4.121 times
19 Fri Jul 2024	289.25	305.10	308.10	285.60	0.306 times
12 Fri Jul 2024	303.55	316.40	323.30	296.15	0.134 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Salona Cotspin (SALONA)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	290.75	303.70	308.80	280.60	0.146 times
31 Wed Jul 2024	303.25	304.30	327.00	285.60	0.991 times
28 Fri Jun 2024	302.90	280.00	310.15	251.35	0.297 times
31 Fri May 2024	280.00	294.00	340.00	275.00	6.113 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Salona Cotspin (SALONA)

Price action analysis of Salona Cotspin ( (SALONA) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Salona Cotspin ( (SALONA) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Salona Cotspin ( (SALONA) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Salona Cotspin ( (SALONA) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Salona Cotspin stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Salona Cotspin in short term and the sell signal is strong.

Salona Cotspin Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Salona Cotspin in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Salona Cotspin is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 297.01 and Salona Cotspin (SALONA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Salona Cotspin (SALONA) stock. Volume based technical analysis of Salona Cotspin (SALONA) stock is negative.

Salona Cotspin Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.