(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 2025-02-24 View latest technical analysis
10 day averaged volume of Mel is 10893
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Mon Feb 2025 | 25.78 | 26.85 | 26.85 | 25.00 | 0.814 times |
| 21 Fri Feb 2025 | 26.01 | 26.90 | 26.90 | 25.00 | 0.901 times |
| 20 Thu Feb 2025 | 26.51 | 25.40 | 26.99 | 24.15 | 0.704 times |
| 19 Wed Feb 2025 | 25.33 | 25.49 | 26.45 | 24.21 | 0.538 times |
| 18 Tue Feb 2025 | 24.98 | 24.00 | 25.00 | 21.50 | 1.204 times |
| 17 Mon Feb 2025 | 24.48 | 24.90 | 24.90 | 22.70 | 1.103 times |
| 14 Fri Feb 2025 | 23.55 | 23.00 | 24.99 | 23.00 | 0.058 times |
| 13 Thu Feb 2025 | 23.98 | 27.00 | 27.00 | 23.61 | 0.564 times |
| 12 Wed Feb 2025 | 26.31 | 30.25 | 30.25 | 24.65 | 0.467 times |
| 11 Tue Feb 2025 | 26.85 | 23.99 | 27.46 | 21.27 | 2.834 times |
My analysis of stock is bullish for shortterm, and stock might move up till 26.6 or till 27.9. Use a stoploss of 25.51 and if this stock hits its stoploss, then it can fall down till 24.41
Share price targets for Mel (Mel)
| Target Type | Value |
| Downside Target | 21.27 |
| Downside Target | 23.44 |
| Downside Target | 24.45 |
| Downside Target | 25.00 |
| Upside Target | 26.10 |
| Upside Target | 26.85 |
| Upside Target | 29.94 |
| Upside Target | 30.25 |
| Upside Target | 30.89 |
| 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 | 24.9 |
| Downside Intraday Target | 24.03 |
| Upside Intraday Target | 26.75 |
| Upside Intraday Target | 27.73 |
| Upside Intraday Target | 25.88 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Mon Feb 2025 | 25.78 | 26.85 | 26.85 | 25.00 | 0.183 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 |
| 07 Fri Feb 2025 | 24.65 | 26.73 | 27.45 | 24.45 | 0.86 times |
| 31 Fri Jan 2025 | 26.89 | 28.62 | 29.94 | 25.31 | 0.791 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 |
| 24 Mon Feb 2025 | 25.78 | 26.73 | 30.25 | 21.27 | 0.719 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 |
| 29 Fri Nov 2024 | 30.49 | 28.20 | 34.00 | 26.10 | 0.758 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 neutral. A longer time frame might give a better analysis.
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 gaining momentum.
MACD generated a BUY signal for Mel in short term but the buy 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 and the buying is gaining 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 25.8 and Mel (Mel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Mel (Mel) stock. Volume based technical analysis of Mel (Mel) stock is negative.
Mel Stock is giving positive 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 neutral. A longer time frame might give a better analysis.
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 gaining momentum.
MACD generated a BUY signal for Mel in short term but the buy 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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 and the buying is gaining 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 25.8 and Mel (Mel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Mel (Mel) stock. Volume based technical analysis of Mel (Mel) stock is negative.
Mel Stock is giving positive 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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