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

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

10 day averaged volume of Mel is 59663

Date Daily Closing Price Open High Low Volume
07 Mon Jul 2025 36.77 36.68 36.78 35.55 1.578 times
04 Fri Jul 2025 35.03 33.52 35.45 33.52 0.431 times
03 Thu Jul 2025 34.20 34.45 34.99 34.00 0.378 times
02 Wed Jul 2025 34.24 33.42 34.98 33.00 0.495 times
01 Tue Jul 2025 34.30 35.00 35.00 33.50 0.153 times
30 Mon Jun 2025 34.40 34.01 35.78 33.00 0.47 times
27 Fri Jun 2025 34.73 35.19 35.68 34.50 0.351 times
26 Thu Jun 2025 35.19 37.49 37.49 34.41 0.691 times
25 Wed Jun 2025 36.18 36.89 37.99 35.26 1.143 times
24 Tue Jun 2025 37.04 37.98 41.00 36.11 2.858 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 36.6, but if it comes below 36.6, then a intra day sell could be more profitable.
If you take a sell trade below 36.6, then use 36.6 as stoploss and 33.26 as target. However if you take a buy trade in stock , then use 36.6 as stoploss and 40.7 as target.

Share price targets for Mel (Mel)

Target Type Value
Downside Target 22.04
Downside Target 22.51
Downside Target 26.62
Downside Target 28.95
Downside Target 29.74
Downside Target 32.50
Downside Target 34.03
Downside Target 35.55
Downside Target 35.78
Upside Target 36.78
Upside Target 38.80
Upside Target 41.00

Intraday share price targets for Mel (Mel)

Target Type Value
Downside Intraday Target 35.95
Downside Intraday Target 35.14
Upside Intraday Target 37.18
Upside Intraday Target 37.6
Downside Intraday Target 36.37

Weekly technical analysis of Mel (Mel)

Date Weekly Closing Price Open High Low Volume
07 Mon Jul 2025 36.77 36.68 36.78 35.55 0.819 times
04 Fri Jul 2025 35.03 34.01 35.78 33.00 0.239 times
27 Fri Jun 2025 34.73 34.99 41.00 34.03 0.591 times
19 Thu Jun 2025 33.30 28.45 38.80 27.25 11.482 times
13 Fri Jun 2025 27.75 27.68 29.74 27.00 1.107 times

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

Monthly technical analysis of Mel (Mel)

Date Monthly Closing Price Open High Low Volume
07 Mon Jul 2025 36.77 35.00 36.78 33.00 0.124 times
30 Mon Jun 2025 34.40 27.46 41.00 26.62 4.233 times
30 Fri May 2025 26.81 27.00 28.95 22.51 0.607 times
30 Wed Apr 2025 27.01 24.95 32.50 22.04 1.557 times

Scroll below to view daily charts

Price has moved up 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 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mel in short term but the sell signal is initial and weak.

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

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 above 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 and the buying is gaining 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 36.05 and Mel (Mel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 has given negative 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.

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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mel in short term but the sell signal is initial and weak.

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

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 above 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 and the buying is gaining 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 36.05 and Mel (Mel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 has given negative 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.

Click here for Mel charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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