(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 2025-03-10 View latest technical analysis
10 day averaged volume of Mel is 11487
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Mon Mar 2025 | 25.55 | 27.72 | 27.72 | 25.30 | 1.167 times |
| 07 Fri Mar 2025 | 27.18 | 26.70 | 27.43 | 25.41 | 0.997 times |
| 06 Thu Mar 2025 | 26.71 | 26.44 | 26.87 | 24.85 | 0.732 times |
| 05 Wed Mar 2025 | 26.46 | 26.15 | 27.25 | 26.00 | 1.046 times |
| 04 Tue Mar 2025 | 27.00 | 26.49 | 27.00 | 23.50 | 1.668 times |
| 03 Mon Mar 2025 | 26.88 | 26.23 | 26.88 | 24.86 | 0.599 times |
| 28 Fri Feb 2025 | 25.72 | 26.96 | 26.96 | 24.20 | 1.826 times |
| 27 Thu Feb 2025 | 26.96 | 27.44 | 27.44 | 25.21 | 0.484 times |
| 25 Tue Feb 2025 | 26.00 | 26.58 | 27.70 | 24.77 | 1.022 times |
| 24 Mon Feb 2025 | 25.78 | 26.85 | 26.85 | 25.00 | 0.772 times |
My analysis of stock is bearish for shortterm, and stock might move down till 24.6 or till 23.1. Use a stoploss of 25.76 and if the stock hits stoploss, then it can shoot up till 26.96
Share price targets for Mel (Mel)
| Target Type | Value |
| Downside Target | 21.27 |
| Downside Target | 23.50 |
| Downside Target | 24.20 |
| Downside Target | 25.00 |
| 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 | 24.66 |
| Downside Intraday Target | 23.77 |
| Upside Intraday Target | 27.08 |
| Upside Intraday Target | 28.61 |
| Upside Intraday Target | 26.19 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Mon Mar 2025 | 25.55 | 27.72 | 27.72 | 25.30 | 0.232 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 |
| 10 Mon Mar 2025 | 25.55 | 26.23 | 27.72 | 23.50 | 0.368 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Mel ( (Mel) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 losing momentum.
MACD generated a BUY signal for Mel in short term but the buy signal is initial and weak.
Mel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 26.35 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Mel ( (Mel) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 losing momentum.
MACD generated a BUY signal for Mel in short term but the buy signal is initial and weak.
Mel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 26.35 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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