(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 2025-02-19 View latest technical analysis
10 day averaged volume of Mel is 11703
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Wed Feb 2025 | 25.33 | 25.49 | 26.45 | 24.21 | 0.501 times |
| 18 Tue Feb 2025 | 24.98 | 24.00 | 25.00 | 21.50 | 1.12 times |
| 17 Mon Feb 2025 | 24.48 | 24.90 | 24.90 | 22.70 | 1.027 times |
| 14 Fri Feb 2025 | 23.55 | 23.00 | 24.99 | 23.00 | 0.054 times |
| 13 Thu Feb 2025 | 23.98 | 27.00 | 27.00 | 23.61 | 0.525 times |
| 12 Wed Feb 2025 | 26.31 | 30.25 | 30.25 | 24.65 | 0.435 times |
| 11 Tue Feb 2025 | 26.85 | 23.99 | 27.46 | 21.27 | 2.638 times |
| 10 Mon Feb 2025 | 22.89 | 24.01 | 24.25 | 22.05 | 1.515 times |
| 07 Fri Feb 2025 | 24.65 | 26.05 | 26.05 | 24.45 | 0.337 times |
| 06 Thu Feb 2025 | 25.01 | 25.05 | 26.34 | 24.99 | 1.643 times |
My analysis of stock is bearish for shortterm, and stock might move down till 24.3 or till 22.5. Use a stoploss of 25.86 and if the stock hits stoploss, then it can shoot up till 27.39
Share price targets for Mel (Mel)
| Target Type | Value |
| Downside Target | 21.27 |
| Downside Target | 23.44 |
| Downside Target | 24.45 |
| Downside Target | 25.00 |
| Upside Target | 26.10 |
| Upside Target | 27.45 |
| Upside Target | 29.94 |
| Upside Target | 30.25 |
| Upside Target | 30.89 |
| 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 | 22.4 |
| Downside Intraday Target | 19.48 |
| Upside Intraday Target | 27.35 |
| Upside Intraday Target | 29.38 |
| Downside Intraday Target | 24.43 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Wed Feb 2025 | 25.33 | 24.90 | 26.45 | 21.50 | 0.513 times |
| 14 Fri Feb 2025 | 23.55 | 24.01 | 30.25 | 21.27 | 1.609 times |
| 07 Fri Feb 2025 | 24.65 | 26.73 | 27.45 | 24.45 | 0.86 times |
| 31 Fri Jan 2025 | 26.89 | 28.62 | 29.94 | 25.31 | 0.791 times |
| 24 Fri Jan 2025 | 28.06 | 30.35 | 30.97 | 25.53 | 0.917 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 |
| 19 Wed Feb 2025 | 25.33 | 26.73 | 30.25 | 21.27 | 0.597 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 |
| 29 Fri Nov 2024 | 30.49 | 28.20 | 34.00 | 26.10 | 0.758 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 BUY. Signal strength is Weak and stock is gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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 BUY signal in short term but buying is losing 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 25.12 and Mel (Mel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 BUY. Signal strength is Weak and stock is gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red 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 BUY signal in short term but buying is losing 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 25.12 and Mel (Mel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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