(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)
Showing technical analysis as on 2025-01-21 View latest technical analysis
10 day averaged volume of Mel is 10358
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue Jan 2025 | 27.06 | 28.98 | 30.97 | 26.90 | 1.161 times |
| 20 Mon Jan 2025 | 28.60 | 30.35 | 30.35 | 27.60 | 1.685 times |
| 17 Fri Jan 2025 | 30.42 | 28.80 | 30.75 | 27.41 | 2.871 times |
| 16 Thu Jan 2025 | 27.96 | 26.97 | 29.00 | 26.20 | 1.773 times |
| 15 Wed Jan 2025 | 27.22 | 27.45 | 27.45 | 26.16 | 0.17 times |
| 14 Tue Jan 2025 | 26.62 | 28.18 | 28.18 | 25.12 | 0.623 times |
| 13 Mon Jan 2025 | 26.89 | 25.80 | 26.93 | 25.00 | 0.384 times |
| 10 Fri Jan 2025 | 25.80 | 27.60 | 27.60 | 25.62 | 0.838 times |
| 09 Thu Jan 2025 | 27.01 | 28.27 | 28.27 | 26.15 | 1.046 times |
| 08 Wed Jan 2025 | 27.49 | 28.39 | 28.39 | 26.71 | 0.225 times |
My analysis of stock is bearish for shortterm, and stock might move down till 26.6 or till 25.5. Use a stoploss of 27.48 and if the stock hits stoploss, then it can shoot up till 28.36
Share price targets for Mel (Mel)
| Target Type | Value |
| Downside Target | 23.44 |
| Downside Target | 25.00 |
| Upside Target | 28.29 |
| Upside Target | 30.00 |
| Upside Target | 30.75 |
| Upside Target | 30.89 |
| Upside Target | 30.97 |
| 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 | 25.65 |
| Downside Intraday Target | 24.24 |
| Upside Intraday Target | 29.72 |
| Upside Intraday Target | 32.38 |
| Upside Intraday Target | 28.31 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue Jan 2025 | 27.06 | 30.35 | 30.97 | 26.90 | 0.489 times |
| 17 Fri Jan 2025 | 30.42 | 25.80 | 30.75 | 25.00 | 1.541 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 |
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 |
| 21 Tue Jan 2025 | 27.06 | 27.62 | 30.97 | 25.00 | 0.458 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 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 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 BUY. Signal strength is Strong and stock is losing 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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 28.22 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 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 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 BUY. Signal strength is Strong and stock is losing 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 but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 28.22 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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