(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 2025-04-25 View latest technical analysis
10 day averaged volume of Mel is 25136
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Fri Apr 2025 | 30.35 | 31.00 | 32.50 | 29.00 | 1.774 times |
| 24 Thu Apr 2025 | 30.85 | 31.00 | 32.50 | 28.21 | 2.434 times |
| 22 Tue Apr 2025 | 27.22 | 23.20 | 28.08 | 23.15 | 4.249 times |
| 21 Mon Apr 2025 | 23.40 | 23.82 | 23.82 | 22.97 | 0.28 times |
| 17 Thu Apr 2025 | 23.79 | 23.87 | 24.00 | 22.80 | 0.746 times |
| 16 Wed Apr 2025 | 23.87 | 22.53 | 24.01 | 22.53 | 0.613 times |
| 15 Tue Apr 2025 | 22.53 | 22.50 | 23.49 | 22.50 | 0.173 times |
| 11 Fri Apr 2025 | 22.74 | 23.74 | 23.74 | 22.65 | 0.031 times |
| 09 Wed Apr 2025 | 22.99 | 23.95 | 23.97 | 22.70 | 0.085 times |
| 08 Tue Apr 2025 | 22.90 | 23.37 | 24.00 | 22.04 | 1.323 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 29.7, for a target of 27.1 or 24.91
Share price targets for Mel (Mel)
| Target Type | Value |
| Downside Target | 21.27 |
| Downside Target | 22.04 |
| Downside Target | 22.50 |
| Downside Target | 22.97 |
| Downside Target | 23.82 |
| Downside Target | 24.95 |
| Downside Target | 25.41 |
| Downside Target | 27.72 |
| Downside Target | 30.25 |
| Upside Target | 30.97 |
| Upside Target | 32.50 |
| Upside Target | 33.49 |
Intraday share price targets for Mel (Mel)
| Target Type | Value |
| Downside Intraday Target | 24.71 |
| Downside Intraday Target | 19.08 |
| Upside Intraday Target | 34.24 |
| Upside Intraday Target | 38.14 |
| Downside Intraday Target | 28.61 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Fri Apr 2025 | 30.35 | 23.82 | 32.50 | 22.97 | 5.702 times |
| 17 Thu Apr 2025 | 23.79 | 22.50 | 24.01 | 22.50 | 1.065 times |
| 11 Fri Apr 2025 | 22.74 | 23.37 | 24.00 | 22.04 | 0.382 times |
| 04 Fri Apr 2025 | 23.79 | 24.95 | 24.95 | 23.00 | 0.645 times |
| 28 Fri Mar 2025 | 24.70 | 25.34 | 25.41 | 23.82 | 1.145 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Mel (Mel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 25 Fri Apr 2025 | 30.35 | 24.95 | 32.50 | 22.04 | 1.065 times |
| 28 Fri Mar 2025 | 24.70 | 26.23 | 27.72 | 22.05 | 1.887 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 |
Scroll below to view daily charts
Price has moved up 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Mel in short term and BUY signal is strong.
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 27.36 and Mel (Mel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Mel in short term and BUY signal is strong.
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 27.36 and Mel (Mel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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