(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 2025-06-05 View latest technical analysis
10 day averaged volume of Mel is 12782
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Thu Jun 2025 | 28.48 | 29.99 | 29.99 | 27.81 | 0.71 times |
| 04 Wed Jun 2025 | 27.99 | 27.67 | 28.49 | 27.67 | 0.676 times |
| 03 Tue Jun 2025 | 27.13 | 28.40 | 28.40 | 26.90 | 0.221 times |
| 02 Mon Jun 2025 | 26.96 | 27.46 | 28.01 | 26.62 | 1.614 times |
| 30 Fri May 2025 | 26.81 | 28.95 | 28.95 | 26.61 | 1.216 times |
| 29 Thu May 2025 | 28.01 | 28.20 | 28.20 | 27.06 | 2.998 times |
| 28 Wed May 2025 | 27.73 | 28.45 | 28.45 | 27.10 | 0.612 times |
| 27 Tue May 2025 | 27.38 | 27.00 | 27.89 | 26.50 | 0.596 times |
| 26 Mon May 2025 | 26.94 | 27.00 | 27.99 | 26.00 | 1.462 times |
| 23 Fri May 2025 | 25.74 | 26.49 | 26.49 | 25.30 | 0.12 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 29.1, for a target of 27.5 or 26.25
Share price targets for Mel (Mel)
| Target Type | Value |
| Downside Target | 21.27 |
| Downside Target | 22.04 |
| Downside Target | 22.51 |
| Downside Target | 24.18 |
| Downside Target | 26.00 |
| Downside Target | 26.62 |
| Downside Target | 27.72 |
| Upside Target | 28.95 |
| Upside Target | 29.99 |
| Upside Target | 30.25 |
| Upside Target | 32.50 |
Intraday share price targets for Mel (Mel)
| Target Type | Value |
| Downside Intraday Target | 26.74 |
| Downside Intraday Target | 24.99 |
| Upside Intraday Target | 30.11 |
| Upside Intraday Target | 31.73 |
| Downside Intraday Target | 28.36 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Thu Jun 2025 | 28.48 | 27.46 | 29.99 | 26.62 | 0.468 times |
| 30 Fri May 2025 | 26.81 | 27.00 | 28.95 | 26.00 | 4.062 times |
| 23 Fri May 2025 | 25.74 | 25.77 | 26.85 | 24.61 | 0.342 times |
| 16 Fri May 2025 | 25.09 | 24.95 | 26.93 | 24.18 | 0.627 times |
| 09 Fri May 2025 | 23.71 | 25.35 | 26.95 | 22.51 | 0.404 times |
Price has moved up 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 |
| 05 Thu Jun 2025 | 28.48 | 27.46 | 29.99 | 26.62 | 0.119 times |
| 30 Fri May 2025 | 26.81 | 27.00 | 28.95 | 22.51 | 0.607 times |
| 30 Wed Apr 2025 | 27.01 | 24.95 | 32.50 | 22.04 | 1.557 times |
| 28 Fri Mar 2025 | 24.70 | 26.23 | 27.72 | 22.05 | 1.887 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 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.
ADX buy sell signal for Mel stock for short term is BUY. Signal strength is Strong and stock is gaining 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 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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Mel in short term and BUY signal is strong.
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 27.48 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 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.
ADX buy sell signal for Mel stock for short term is BUY. Signal strength is Strong and stock is gaining 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 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 green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Mel in short term and BUY signal is strong.
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 27.48 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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