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Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(Mel) Mel ForceIndex charts technical analysis

(Mel) Mel ForceIndex charts technical analysis ForceIndex analysis of Mel | Buy/Sell Mel

10 day averaged volume of Mel is 6471

Date Closing Price Open High Low Volume
29 Wed May 2024 22.26 24.98 24.98 21.56 0.008 Mn
28 Tue May 2024 22.24 23.37 23.37 22.05 0.002 Mn
27 Mon May 2024 22.87 23.48 23.48 22.01 0.006 Mn
24 Fri May 2024 21.98 24.70 25.10 21.02 0.018 Mn
23 Thu May 2024 23.64 24.99 24.99 23.00 0.01 Mn
22 Wed May 2024 23.84 22.30 24.50 21.51 0.011 Mn
21 Tue May 2024 21.87 22.55 22.55 21.51 0.004 Mn
18 Sat May 2024 21.97 21.81 22.99 21.50 0.001 Mn
17 Fri May 2024 22.08 22.00 22.44 22.00 0.003 Mn
16 Thu May 2024 21.94 21.83 22.23 21.40 0.009 Mn

Indicators analysis of Mel (Mel)

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

ForceIndex charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

ForceIndex chart

Price action analysis of Mel ( (Mel) ) 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 Mel ( (Mel) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mel ( (Mel) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mel ( (Mel) ) 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 Mel stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Mel in short term and the buy signal is strong.

Mel Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Mel in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 22.59 and Mel (Mel) 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 Mel (Mel) stock. Volume based technical analysis of Mel (Mel) stock is negative.

Mel Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

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

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