(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 14285
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Fri Aug 2025 | 14.61 | 14.51 | 15.74 | 14.37 | 2.637 times |
| 07 Thu Aug 2025 | 15.12 | 15.75 | 15.75 | 15.11 | 1.44 times |
| 06 Wed Aug 2025 | 15.90 | 15.92 | 16.78 | 15.90 | 0.951 times |
| 05 Tue Aug 2025 | 16.73 | 17.00 | 17.00 | 16.28 | 0.738 times |
| 04 Mon Aug 2025 | 16.95 | 16.30 | 17.00 | 15.55 | 1.585 times |
| 01 Fri Aug 2025 | 16.30 | 16.08 | 16.74 | 15.55 | 0.592 times |
| 31 Thu Jul 2025 | 16.08 | 16.35 | 16.90 | 16.00 | 0.63 times |
| 30 Wed Jul 2025 | 16.59 | 16.10 | 17.17 | 15.89 | 1.1 times |
| 29 Tue Jul 2025 | 16.72 | 16.25 | 16.99 | 16.07 | 1.44 times |
| 28 Mon Jul 2025 | 16.91 | 17.56 | 17.89 | 16.69 | 0.578 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 15.7, but if it comes above 15.7, then a intra day buy could be more profitable.
If you take a sell trade below 15.7, then use 15.7 as stoploss and 13.9 as target. However if you take a buy trade in stock , then use 15.7 as stoploss and 17.29 as target.
Share price targets for Mel (Mel)
| Target Type | Value |
| Downside Target | 14.37 |
| 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 | 13.65 |
| Downside Intraday Target | 12.7 |
| Upside Intraday Target | 16.28 |
| Upside Intraday Target | 17.96 |
| Upside Intraday Target | 15.33 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 11 Fri Jul 2025 | 20.14 | 36.68 | 40.50 | 19.00 | 8.784 times |
Price has moved down 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 |
| 08 Fri Aug 2025 | 14.61 | 16.08 | 17.00 | 14.37 | 0.078 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Mel stock for short term is SELL. Signal strength is Strong and stock is gaining 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 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
Although the stock is in the BUY zone, but buying 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 15.95 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Mel stock for short term is SELL. Signal strength is Strong and stock is gaining 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 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
Although the stock is in the BUY zone, but buying 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 15.95 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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