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(Mel) Mel Monthly charts technical analysis

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

10 day averaged volume of Mel is 6245

Date Closing Price Open High Low Volume
18 Mon Oct 2021 9.17 9.00 9.50 8.00 0.085 Mn
30 Thu Sep 2021 9.00 8.92 9.79 8.30 0.2 Mn
31 Tue Aug 2021 8.92 8.05 10.87 7.43 0.297 Mn
30 Fri Jul 2021 7.67 4.72 7.67 3.98 0.084 Mn
30 Wed Jun 2021 4.81 2.90 5.29 2.85 0.047 Mn
31 Mon May 2021 2.95 2.85 3.00 2.72 0.011 Mn
29 Thu Apr 2021 2.99 2.38 2.99 2.25 0.005 Mn
31 Wed Mar 2021 2.37 2.38 3.02 2.32 0.02 Mn
26 Fri Feb 2021 2.50 2.80 2.80 2.18 0.01 Mn
25 Mon Jan 2021 2.80 2.90 2.95 2.75 0.007 Mn

Indicators analysis of Mel (Mel)

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 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

ADX buy sell signal for Mel stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Mel in short term but SELL signal is weak.

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 8.15 and Mel (Mel) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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.

Monthly charts

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

Monthly chart
Indicator Name Indicator Value Indicator Signal
ADX 42, 16, 44 Buy
MACD 1, 0Buy
Stochastics 79Buy
CCI 97Sell
RSI 60Buy
OBV 576806Sell
VWAP 8Buy
ADL 0Sell
ROC 211Buy
Force Index 0Sell

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