(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 2025-03-20 View latest technical analysis
10 day averaged volume of Mel is 13356
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Thu Mar 2025 | 25.92 | 24.80 | 25.93 | 24.00 | 2.083 times |
| 19 Wed Mar 2025 | 24.82 | 25.42 | 25.42 | 22.05 | 1.941 times |
| 18 Tue Mar 2025 | 24.80 | 24.90 | 25.45 | 23.10 | 2.147 times |
| 17 Mon Mar 2025 | 24.80 | 26.35 | 26.35 | 23.00 | 1.123 times |
| 13 Thu Mar 2025 | 25.99 | 25.50 | 26.00 | 25.50 | 0.109 times |
| 12 Wed Mar 2025 | 25.50 | 25.95 | 26.43 | 25.03 | 0.598 times |
| 11 Tue Mar 2025 | 25.48 | 26.50 | 26.50 | 24.80 | 0.691 times |
| 10 Mon Mar 2025 | 25.55 | 27.72 | 27.72 | 25.30 | 1.004 times |
| 07 Fri Mar 2025 | 27.18 | 26.70 | 27.43 | 25.41 | 0.858 times |
| 06 Thu Mar 2025 | 26.71 | 26.44 | 26.87 | 24.85 | 0.629 times |
Stock of Mel (Mel) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, and stock might move down till 25.2 or till 24.4. Use a stoploss of 25.97 and if the stock hits stoploss, then it can shoot up till 26.7
Share price targets for Mel (Mel)
| Target Type | Value |
| Downside Target | 21.27 |
| Downside Target | 22.05 |
| Downside Target | 23.50 |
| Downside Target | 24.20 |
| Downside Target | 24.80 |
| Upside Target | 26.10 |
| Upside Target | 26.99 |
| Upside Target | 27.72 |
| Upside Target | 30.25 |
| 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 | 23.2 |
| Downside Intraday Target | 20.47 |
| Upside Intraday Target | 27.5 |
| Upside Intraday Target | 29.07 |
| Downside Intraday Target | 24.77 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Thu Mar 2025 | 25.92 | 26.35 | 26.35 | 22.05 | 3.037 times |
| 13 Thu Mar 2025 | 25.99 | 27.72 | 27.72 | 24.80 | 0.554 times |
| 07 Fri Mar 2025 | 27.18 | 26.23 | 27.43 | 23.50 | 1.229 times |
| 28 Fri Feb 2025 | 25.72 | 26.85 | 27.70 | 24.20 | 0.973 times |
| 21 Fri Feb 2025 | 26.01 | 24.90 | 26.99 | 21.50 | 0.802 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 |
| 20 Thu Mar 2025 | 25.92 | 26.23 | 27.72 | 22.05 | 0.968 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 |
| 31 Tue Dec 2024 | 27.19 | 33.49 | 33.49 | 25.33 | 1.735 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 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 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 SELL signal for Mel in short term and the sell 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 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 but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 25.46 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 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 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 SELL signal for Mel in short term and the sell 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 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 but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 25.46 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 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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