(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 6786
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Tue Jan 2025 | 26.62 | 28.18 | 28.18 | 25.12 | 0.951 times |
| 13 Mon Jan 2025 | 26.89 | 25.80 | 26.93 | 25.00 | 0.586 times |
| 10 Fri Jan 2025 | 25.80 | 27.60 | 27.60 | 25.62 | 1.279 times |
| 09 Thu Jan 2025 | 27.01 | 28.27 | 28.27 | 26.15 | 1.596 times |
| 08 Wed Jan 2025 | 27.49 | 28.39 | 28.39 | 26.71 | 0.343 times |
| 07 Tue Jan 2025 | 27.43 | 28.15 | 28.15 | 26.64 | 0.588 times |
| 06 Mon Jan 2025 | 27.64 | 28.15 | 28.15 | 26.54 | 1.96 times |
| 03 Fri Jan 2025 | 27.33 | 26.70 | 27.84 | 26.70 | 0.934 times |
| 02 Thu Jan 2025 | 27.60 | 28.29 | 28.29 | 26.66 | 0.796 times |
| 01 Wed Jan 2025 | 27.37 | 27.62 | 27.81 | 26.50 | 0.861 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 26.7, but if it comes above 26.7, then a intra day buy could be more profitable.
If you take a sell trade below 26.7, then use 26.7 as stoploss and 25.8 as target. However if you take a buy trade in stock , then use 26.7 as stoploss and 27.52 as target.
Share price targets for Mel (Mel)
| Target Type | Value |
| Downside Target | 23.44 |
| Downside Target | 25.00 |
| Upside Target | 28.18 |
| Upside Target | 28.39 |
| Upside Target | 30.00 |
| Upside Target | 30.89 |
| Upside Target | 32.20 |
| Upside Target | 33.49 |
| Upside Target | 34.00 |
| Upside Target | 36.82 |
Intraday share price targets for Mel (Mel)
| Target Type | Value |
| Downside Intraday Target | 25.02 |
| Downside Intraday Target | 23.42 |
| Upside Intraday Target | 28.2 |
| Upside Intraday Target | 29.78 |
| Downside Intraday Target | 26.6 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Tue Jan 2025 | 26.62 | 25.80 | 28.18 | 25.00 | 0.267 times |
| 10 Fri Jan 2025 | 25.80 | 28.15 | 28.39 | 25.62 | 1.226 times |
| 03 Fri Jan 2025 | 27.33 | 26.39 | 28.29 | 26.39 | 0.768 times |
| 27 Fri Dec 2024 | 27.27 | 30.00 | 30.00 | 26.69 | 0.322 times |
| 20 Fri Dec 2024 | 27.88 | 27.50 | 32.20 | 26.54 | 1.744 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 |
| 14 Tue Jan 2025 | 26.62 | 27.62 | 28.39 | 25.00 | 0.21 times |
| 31 Tue Dec 2024 | 27.19 | 33.49 | 33.49 | 25.33 | 1.735 times |
| 29 Fri Nov 2024 | 30.49 | 28.20 | 34.00 | 26.10 | 0.758 times |
| 31 Thu Oct 2024 | 27.99 | 30.89 | 30.89 | 23.44 | 0.495 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Mel in short term and the sell 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Mel in short term but BUY signal is weak.
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
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 27.08 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Mel in short term and the sell 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Mel in short term but BUY signal is weak.
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
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 27.08 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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