(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 2025-06-25 View latest technical analysis
10 day averaged volume of Mel is 122177
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Wed Jun 2025 | 36.18 | 36.89 | 37.99 | 35.26 | 0.558 times |
| 24 Tue Jun 2025 | 37.04 | 37.98 | 41.00 | 36.11 | 1.396 times |
| 23 Mon Jun 2025 | 38.48 | 34.99 | 40.10 | 34.03 | 1.479 times |
| 19 Thu Jun 2025 | 33.30 | 36.00 | 37.00 | 32.00 | 0.553 times |
| 18 Wed Jun 2025 | 35.83 | 37.50 | 38.80 | 33.30 | 1.78 times |
| 17 Tue Jun 2025 | 35.06 | 35.01 | 35.06 | 33.25 | 4.093 times |
| 16 Mon Jun 2025 | 29.22 | 28.45 | 29.39 | 27.25 | 0.249 times |
| 13 Fri Jun 2025 | 27.75 | 27.70 | 28.99 | 27.00 | 0.067 times |
| 12 Thu Jun 2025 | 28.20 | 27.71 | 29.29 | 27.71 | 0.114 times |
| 11 Wed Jun 2025 | 28.34 | 29.50 | 29.50 | 27.50 | 0.08 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 34.2, but if it comes below 34.2, then a intra day sell could be more profitable.
If you take a sell trade below 34.2, then use 34.2 as stoploss and 30.36 as target. However if you take a buy trade in stock , then use 34.2 as stoploss and 38.8 as target.
Share price targets for Mel (Mel)
| Target Type | Value |
| Downside Target | 21.27 |
| Downside Target | 22.04 |
| Downside Target | 22.51 |
| Downside Target | 26.00 |
| Downside Target | 26.62 |
| Downside Target | 28.95 |
| Downside Target | 29.74 |
| Downside Target | 30.25 |
| Downside Target | 32.50 |
| Downside Target | 34.03 |
| Upside Target | 38.80 |
| Upside Target | 41.00 |
Intraday share price targets for Mel (Mel)
| Target Type | Value |
| Downside Intraday Target | 33.14 |
| Downside Intraday Target | 30.1 |
| Upside Intraday Target | 40.11 |
| Upside Intraday Target | 44.04 |
| Upside Intraday Target | 37.07 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Wed Jun 2025 | 36.18 | 34.99 | 41.00 | 34.03 | 0.514 times |
| 19 Thu Jun 2025 | 33.30 | 28.45 | 38.80 | 27.25 | 11.482 times |
| 13 Fri Jun 2025 | 27.75 | 27.68 | 29.74 | 27.00 | 1.107 times |
| 06 Fri Jun 2025 | 27.68 | 27.46 | 29.99 | 26.62 | 0.73 times |
| 30 Fri May 2025 | 26.81 | 27.00 | 28.95 | 26.00 | 4.062 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 |
| 25 Wed Jun 2025 | 36.18 | 27.46 | 41.00 | 26.62 | 3.972 times |
| 30 Fri May 2025 | 26.81 | 27.00 | 28.95 | 22.51 | 0.607 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 |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 mid to longer 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.
ADX buy sell signal for Mel stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Mel in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Mel in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 35.6 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 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 mid to longer 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.
ADX buy sell signal for Mel stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Mel in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Mel in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 35.6 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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