(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 2025-03-21 View latest technical analysis
10 day averaged volume of Mel is 14936
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Fri Mar 2025 | 24.75 | 25.90 | 26.75 | 23.81 | 2.073 times |
| 20 Thu Mar 2025 | 25.92 | 24.80 | 25.93 | 24.00 | 1.863 times |
| 19 Wed Mar 2025 | 24.82 | 25.42 | 25.42 | 22.05 | 1.736 times |
| 18 Tue Mar 2025 | 24.80 | 24.90 | 25.45 | 23.10 | 1.92 times |
| 17 Mon Mar 2025 | 24.80 | 26.35 | 26.35 | 23.00 | 1.004 times |
| 13 Thu Mar 2025 | 25.99 | 25.50 | 26.00 | 25.50 | 0.097 times |
| 12 Wed Mar 2025 | 25.50 | 25.95 | 26.43 | 25.03 | 0.535 times |
| 11 Tue Mar 2025 | 25.48 | 26.50 | 26.50 | 24.80 | 0.618 times |
| 10 Mon Mar 2025 | 25.55 | 27.72 | 27.72 | 25.30 | 0.898 times |
| 07 Fri Mar 2025 | 27.18 | 26.70 | 27.43 | 25.41 | 0.767 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 25.2, but if it comes above 25.2, then a intra day buy could be more profitable.
If you take a sell trade below 25.2, then use 25.2 as stoploss and 24.3 as target. However if you take a buy trade in stock , then use 25.2 as stoploss and 25.94 as target.
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 |
| Upside Target | 24.80 |
| Upside Target | 26.10 |
| Upside Target | 26.75 |
| 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 | 22.28 |
| Downside Intraday Target | 19.82 |
| Upside Intraday Target | 26.98 |
| Upside Intraday Target | 29.22 |
| Downside Intraday Target | 24.52 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Fri Mar 2025 | 24.75 | 26.35 | 26.75 | 22.05 | 4.003 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 |
| 21 Fri Mar 2025 | 24.75 | 26.23 | 27.72 | 22.05 | 1.128 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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.
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 coming down
CCI has generated a SELL signal for Mel in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 25.27 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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.
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 coming down
CCI has generated a SELL signal for Mel in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 25.27 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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