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(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)

10 day averaged volume of Mel is 16700

Date Daily Closing Price Open High Low Volume
11 Mon Aug 2025 14.43 15.00 15.00 14.15 4.071 times
08 Fri Aug 2025 14.61 14.51 15.74 14.37 2.255 times
07 Thu Aug 2025 15.12 15.75 15.75 15.11 1.231 times
06 Wed Aug 2025 15.90 15.92 16.78 15.90 0.813 times
05 Tue Aug 2025 16.73 17.00 17.00 16.28 0.631 times
04 Mon Aug 2025 16.95 16.30 17.00 15.55 1.356 times
01 Fri Aug 2025 16.30 16.08 16.74 15.55 0.506 times
31 Thu Jul 2025 16.08 16.35 16.90 16.00 0.539 times
30 Wed Jul 2025 16.59 16.10 17.17 15.89 0.941 times
29 Tue Jul 2025 16.72 16.25 16.99 16.07 1.232 times

Stock of Mel (Mel) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 15.5, but if it comes above 15.5, then a intra day buy could be more profitable.
If you take a sell trade below 15.5, then use 15.5 as stoploss and 13.6 as target. However if you take a buy trade in stock , then use 15.5 as stoploss and 17.02 as target.

Share price targets for Mel (Mel)

Target Type Value
Downside Target 14.15
Upside Target 15.00
Upside Target 15.42
Upside Target 17.00
Upside Target 17.89
Upside Target 18.84
Upside Target 20.85
Upside Target 22.04
Upside Target 22.51
Upside Target 26.62
Upside Target 28.95
Upside Target 32.50
Upside Target 40.50
Upside Target 41.00

Intraday share price targets for Mel (Mel)

Target Type Value
Downside Intraday Target 14.05
Downside Intraday Target 13.68
Upside Intraday Target 14.9
Upside Intraday Target 15.38
Upside Intraday Target 14.53

Weekly technical analysis of Mel (Mel)

Date Weekly Closing Price Open High Low Volume
11 Mon Aug 2025 14.43 15.00 15.00 14.15 0.648 times
08 Fri Aug 2025 14.61 16.30 17.00 14.37 1.694 times
01 Fri Aug 2025 16.30 17.56 17.89 15.55 0.611 times
25 Fri Jul 2025 17.56 18.90 18.90 15.42 0.513 times
18 Fri Jul 2025 18.91 20.00 20.85 18.84 0.196 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
11 Mon Aug 2025 14.43 16.08 17.00 14.15 0.125 times
31 Thu Jul 2025 16.08 35.00 40.50 15.42 0.993 times
30 Mon Jun 2025 34.40 27.46 41.00 26.62 4.233 times
30 Fri May 2025 26.81 27.00 28.95 22.51 0.607 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mel ( (Mel) ) based on a short 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.

Price action analysis of Mel ( (Mel) ) based on a short to mid 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.

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 Strong and stock is losing 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 15.46 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mel ( (Mel) ) based on a short 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.

Price action analysis of Mel ( (Mel) ) based on a short to mid 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.

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 Strong and stock is losing 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 15.46 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.

Click here for Mel charts

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Daily charts

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