(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 44734
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri May 2025 | 23.71 | 24.00 | 24.79 | 22.75 | 0.227 times |
| 08 Thu May 2025 | 24.33 | 25.20 | 25.85 | 24.06 | 0.47 times |
| 07 Wed May 2025 | 25.30 | 24.74 | 25.50 | 22.51 | 0.488 times |
| 06 Tue May 2025 | 24.53 | 25.50 | 25.93 | 24.35 | 0.269 times |
| 05 Mon May 2025 | 25.52 | 25.35 | 26.95 | 25.35 | 0.807 times |
| 02 Fri May 2025 | 26.56 | 27.00 | 27.50 | 25.05 | 1.582 times |
| 30 Wed Apr 2025 | 27.01 | 27.00 | 27.95 | 26.65 | 1.222 times |
| 29 Tue Apr 2025 | 27.29 | 28.52 | 28.99 | 27.05 | 1.918 times |
| 28 Mon Apr 2025 | 28.52 | 30.90 | 30.90 | 27.50 | 0.879 times |
| 25 Fri Apr 2025 | 30.35 | 31.00 | 32.50 | 29.00 | 0.997 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 22.9 as stoploss in an intra day buy trade for a target of 25.36. However, stock will show a bearish move below 22.9.
Share price targets for Mel (Mel)
| Target Type | Value |
| Downside Target | 21.27 |
| Downside Target | 22.04 |
| Downside Target | 22.50 |
| Downside Target | 22.97 |
| Upside Target | 24.00 |
| Upside Target | 25.00 |
| Upside Target | 26.95 |
| Upside Target | 27.50 |
| Upside Target | 27.72 |
| Upside Target | 30.25 |
| Upside Target | 30.90 |
| Upside Target | 30.97 |
| Upside Target | 32.50 |
Intraday share price targets for Mel (Mel)
| Target Type | Value |
| Downside Intraday Target | 21.83 |
| Downside Intraday Target | 19.95 |
| Upside Intraday Target | 26.27 |
| Upside Intraday Target | 28.83 |
| Upside Intraday Target | 24.39 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri May 2025 | 23.71 | 25.35 | 26.95 | 22.51 | 0.404 times |
| 02 Fri May 2025 | 26.56 | 30.90 | 30.90 | 25.05 | 1.141 times |
| 25 Fri Apr 2025 | 30.35 | 23.82 | 32.50 | 22.97 | 5.702 times |
| 17 Thu Apr 2025 | 23.79 | 22.50 | 24.01 | 22.50 | 1.065 times |
| 11 Fri Apr 2025 | 22.74 | 23.37 | 24.00 | 22.04 | 0.382 times |
Price has moved down 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 |
| 09 Fri May 2025 | 23.71 | 27.00 | 27.50 | 22.51 | 0.302 times |
| 30 Wed Apr 2025 | 27.01 | 24.95 | 32.50 | 22.04 | 1.557 times |
| 28 Fri Mar 2025 | 24.70 | 26.23 | 27.72 | 22.05 | 1.887 times |
| 28 Fri Feb 2025 | 25.72 | 26.73 | 30.25 | 21.27 | 0.897 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 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Mel stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Mel in short term and the sell signal is strong.
Mel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 26.98 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 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.
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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Mel stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Mel in short term and the sell signal is strong.
Mel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 26.98 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 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.
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