(Mel) Mel Weekly charts technical analysis
(Mel) Mel Weekly charts technical analysis Weekly analysis of Mel | Buy/Sell Mel
10 day averaged volume of Mel is 19907
| Date | Closing Price | Open | High | Low | Volume |
| 26 Fri May 2023 | 16.26 | 17.10 | 18.10 | 15.20 | 0.124 Mn |
| 19 Fri May 2023 | 18.00 | 16.00 | 18.00 | 16.00 | 0.079 Mn |
| 12 Fri May 2023 | 16.00 | 16.80 | 17.22 | 15.40 | 0.044 Mn |
| 05 Fri May 2023 | 17.00 | 17.00 | 18.69 | 16.25 | 0.002 Mn |
| 28 Fri Apr 2023 | 17.10 | 18.30 | 18.30 | 17.06 | 0.049 Mn |
| 21 Fri Apr 2023 | 17.95 | 17.00 | 18.30 | 16.60 | 0.127 Mn |
| 13 Thu Apr 2023 | 16.75 | 15.90 | 18.30 | 14.55 | 0.007 Mn |
| 06 Thu Apr 2023 | 15.30 | 15.76 | 15.76 | 14.26 | 0.006 Mn |
| 31 Fri Mar 2023 | 15.01 | 16.94 | 17.79 | 14.95 | 0.006 Mn |
| 24 Fri Mar 2023 | 16.95 | 16.00 | 17.56 | 15.68 | 0.007 Mn |
Indicators analysis of Mel (Mel)
Price action analysis of Mel ( (Mel) ) 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 Mel ( (Mel) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Mel ( (Mel) ) 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 Mel ( (Mel) ) based on a mid to longer 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.
ADX buy sell signal for Mel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Mel in short term but the sell signal is initial and weak.
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. Bulls are getting tired and bears 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 Mel in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Mel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 17.1 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Weekly charts
Price action analysis of Mel ( (Mel) ) 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 Mel ( (Mel) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Mel ( (Mel) ) 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 Mel ( (Mel) ) based on a mid to longer 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.
ADX buy sell signal for Mel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Mel in short term but the sell signal is initial and weak.
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. Bulls are getting tired and bears 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 Mel in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Mel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 17.1 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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