(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 2025-10-16 View latest technical analysis
10 day averaged volume of Mel is 6384
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu Oct 2025 | 14.41 | 14.50 | 15.19 | 14.13 | 2.693 times |
| 15 Wed Oct 2025 | 14.78 | 15.18 | 15.18 | 14.31 | 0.474 times |
| 14 Tue Oct 2025 | 14.83 | 14.90 | 15.23 | 14.50 | 0.776 times |
| 13 Mon Oct 2025 | 14.90 | 15.89 | 15.89 | 14.35 | 1.358 times |
| 10 Fri Oct 2025 | 15.42 | 15.70 | 15.70 | 15.02 | 1.32 times |
| 09 Thu Oct 2025 | 14.99 | 16.00 | 16.00 | 14.66 | 1.07 times |
| 08 Wed Oct 2025 | 14.89 | 14.75 | 15.38 | 14.75 | 0.254 times |
| 07 Tue Oct 2025 | 15.03 | 15.49 | 15.51 | 14.92 | 1.405 times |
| 06 Mon Oct 2025 | 15.17 | 15.58 | 15.95 | 14.66 | 0.999 times |
| 03 Fri Oct 2025 | 15.27 | 14.55 | 15.39 | 14.40 | 1.702 times |
Stock of Mel (Mel) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 14.4, for a target of 14.7 or 15.02
Share price targets for Mel (Mel)
| Target Type | Value |
| Downside Target | 13.60 |
| Downside Target | 13.90 |
| Upside Target | 14.66 |
| Upside Target | 15.42 |
| Upside Target | 15.89 |
| Upside Target | 16.00 |
| Upside Target | 16.50 |
| Upside Target | 17.00 |
| Upside Target | 26.62 |
| Upside Target | 40.50 |
| Upside Target | 41.00 |
Intraday share price targets for Mel (Mel)
| Target Type | Value |
| Downside Intraday Target | 13.73 |
| Downside Intraday Target | 13.05 |
| Upside Intraday Target | 15.49 |
| Upside Intraday Target | 16.57 |
| Upside Intraday Target | 14.81 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu Oct 2025 | 14.41 | 15.89 | 15.89 | 14.13 | 1.05 times |
| 10 Fri Oct 2025 | 15.42 | 15.58 | 16.00 | 14.66 | 0.695 times |
| 03 Fri Oct 2025 | 15.27 | 15.40 | 16.50 | 14.00 | 0.549 times |
| 26 Fri Sep 2025 | 15.14 | 14.71 | 15.50 | 14.68 | 1.531 times |
| 19 Fri Sep 2025 | 14.68 | 15.00 | 15.50 | 14.21 | 1.079 times |
Price has moved down 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 |
| 16 Thu Oct 2025 | 14.41 | 15.79 | 16.00 | 14.13 | 0.309 times |
| 30 Tue Sep 2025 | 14.67 | 14.20 | 16.50 | 13.60 | 0.575 times |
| 29 Fri Aug 2025 | 14.20 | 16.08 | 17.00 | 13.90 | 0.314 times |
| 31 Thu Jul 2025 | 16.08 | 35.00 | 40.50 | 15.42 | 0.993 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 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 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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Mel in short term but the buy signal is initial and weak.
Mel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 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 14.94 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 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 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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Mel in short term but the buy signal is initial and weak.
Mel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 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 14.94 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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