(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 11846
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Tue Mar 2025 | 25.48 | 26.50 | 26.50 | 24.80 | 0.779 times |
| 10 Mon Mar 2025 | 25.55 | 27.72 | 27.72 | 25.30 | 1.132 times |
| 07 Fri Mar 2025 | 27.18 | 26.70 | 27.43 | 25.41 | 0.967 times |
| 06 Thu Mar 2025 | 26.71 | 26.44 | 26.87 | 24.85 | 0.71 times |
| 05 Wed Mar 2025 | 26.46 | 26.15 | 27.25 | 26.00 | 1.015 times |
| 04 Tue Mar 2025 | 27.00 | 26.49 | 27.00 | 23.50 | 1.617 times |
| 03 Mon Mar 2025 | 26.88 | 26.23 | 26.88 | 24.86 | 0.581 times |
| 28 Fri Feb 2025 | 25.72 | 26.96 | 26.96 | 24.20 | 1.771 times |
| 27 Thu Feb 2025 | 26.96 | 27.44 | 27.44 | 25.21 | 0.469 times |
| 25 Tue Feb 2025 | 26.00 | 26.58 | 27.70 | 24.77 | 0.991 times |
My analysis of stock is bearish for shortterm, and stock might move down till 24.9 or till 23.7. Use a stoploss of 25.89 and if the stock hits stoploss, then it can shoot up till 26.89
Share price targets for Mel (Mel)
| Target Type | Value |
| Downside Target | 21.27 |
| Downside Target | 23.50 |
| Downside Target | 24.20 |
| Downside Target | 24.80 |
| Upside Target | 26.10 |
| Upside Target | 26.99 |
| Upside Target | 27.72 |
| Upside Target | 30.25 |
| Upside Target | 30.97 |
| Upside Target | 33.49 |
| Upside Target | 34.00 |
Intraday share price targets for Mel (Mel)
| Target Type | Value |
| Downside Intraday Target | 24.28 |
| Downside Intraday Target | 23.08 |
| Upside Intraday Target | 27.2 |
| Upside Intraday Target | 28.92 |
| Upside Intraday Target | 26 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Tue Mar 2025 | 25.48 | 27.72 | 27.72 | 24.80 | 0.391 times |
| 07 Fri Mar 2025 | 27.18 | 26.23 | 27.43 | 23.50 | 1.229 times |
| 28 Fri Feb 2025 | 25.72 | 26.85 | 27.70 | 24.20 | 0.973 times |
| 21 Fri Feb 2025 | 26.01 | 24.90 | 26.99 | 21.50 | 0.802 times |
| 14 Fri Feb 2025 | 23.55 | 24.01 | 30.25 | 21.27 | 1.609 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 |
| 11 Tue Mar 2025 | 25.48 | 26.23 | 27.72 | 23.50 | 0.416 times |
| 28 Fri Feb 2025 | 25.72 | 26.73 | 30.25 | 21.27 | 0.897 times |
| 31 Fri Jan 2025 | 26.89 | 27.62 | 30.97 | 25.00 | 0.676 times |
| 31 Tue Dec 2024 | 27.19 | 33.49 | 33.49 | 25.33 | 1.735 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mel in short term but the buy 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 but selling is losing 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 26.33 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mel in short term but the buy 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 but selling is losing 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 26.33 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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