(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 2025-05-20 View latest technical analysis
10 day averaged volume of Mel is 13495
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue May 2025 | 25.53 | 26.85 | 26.85 | 25.40 | 0.187 times |
| 19 Mon May 2025 | 26.01 | 25.77 | 26.45 | 25.02 | 0.478 times |
| 16 Fri May 2025 | 25.09 | 25.90 | 25.95 | 25.05 | 0.96 times |
| 15 Thu May 2025 | 25.21 | 25.67 | 26.93 | 24.50 | 2.037 times |
| 14 Wed May 2025 | 24.62 | 25.04 | 25.75 | 24.56 | 0.506 times |
| 13 Tue May 2025 | 25.04 | 25.94 | 25.94 | 25.00 | 0.503 times |
| 12 Mon May 2025 | 25.00 | 24.95 | 25.45 | 24.18 | 0.693 times |
| 09 Fri May 2025 | 23.71 | 24.00 | 24.79 | 22.75 | 0.754 times |
| 08 Thu May 2025 | 24.33 | 25.20 | 25.85 | 24.06 | 1.56 times |
| 07 Wed May 2025 | 25.30 | 24.74 | 25.50 | 22.51 | 1.616 times |
My analysis of stock is bearish for shortterm, and stock might move down till 24.1 or till 21.8. Use a stoploss of 26.05 and if the stock hits stoploss, then it can shoot up till 28
Share price targets for Mel (Mel)
| Target Type | Value |
| Downside Target | 21.27 |
| Downside Target | 22.04 |
| Downside Target | 22.51 |
| Downside Target | 22.97 |
| Downside Target | 24.18 |
| Downside Target | 25.00 |
| Upside Target | 26.85 |
| Upside Target | 27.50 |
| Upside Target | 27.72 |
| Upside Target | 30.25 |
| Upside Target | 30.90 |
| Upside Target | 30.97 |
| Upside Target | 32.50 |
Intraday share price targets for Mel (Mel)
| Target Type | Value |
| Downside Intraday Target | 24.75 |
| Downside Intraday Target | 23.97 |
| Upside Intraday Target | 26.58 |
| Upside Intraday Target | 27.63 |
| Upside Intraday Target | 25.8 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue May 2025 | 25.53 | 25.77 | 26.85 | 25.02 | 0.142 times |
| 16 Fri May 2025 | 25.09 | 24.95 | 26.93 | 24.18 | 0.627 times |
| 09 Fri May 2025 | 23.71 | 25.35 | 26.95 | 22.51 | 0.404 times |
| 02 Fri May 2025 | 26.56 | 30.90 | 30.90 | 25.05 | 1.141 times |
| 25 Fri Apr 2025 | 30.35 | 23.82 | 32.50 | 22.97 | 5.702 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 |
| 20 Tue May 2025 | 25.53 | 27.00 | 27.50 | 22.51 | 0.43 times |
| 30 Wed Apr 2025 | 27.01 | 24.95 | 32.50 | 22.04 | 1.557 times |
| 28 Fri Mar 2025 | 24.70 | 26.23 | 27.72 | 22.05 | 1.887 times |
| 28 Fri Feb 2025 | 25.72 | 26.73 | 30.25 | 21.27 | 0.897 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mel ( (Mel) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 neutral. A longer time frame might give a better analysis.
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. Bulls 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 buy signal for Mel in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 24.93 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 is giving positive returns over a short term period. Returns for a longer term period have been positive
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mel ( (Mel) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 neutral. A longer time frame might give a better analysis.
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. Bulls 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 buy signal for Mel in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 24.93 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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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