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(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 2025-12-08 View latest technical analysis

10 day averaged volume of Mel is 23616

Date Daily Closing Price Open High Low Volume
08 Mon Dec 2025 15.63 15.76 17.25 14.40 1.948 times
05 Fri Dec 2025 16.08 17.40 17.40 16.00 0.733 times
04 Thu Dec 2025 16.54 17.40 17.40 16.42 0.743 times
03 Wed Dec 2025 17.10 17.29 17.46 16.80 0.568 times
02 Tue Dec 2025 17.29 17.90 17.90 16.85 0.381 times
01 Mon Dec 2025 16.96 17.00 17.25 16.45 1.124 times
28 Fri Nov 2025 16.44 16.25 16.95 16.25 0.422 times
27 Thu Nov 2025 16.47 17.00 17.40 16.32 2.122 times
26 Wed Nov 2025 16.74 16.54 17.24 16.54 0.558 times
25 Tue Nov 2025 16.38 17.29 17.29 16.15 1.078 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 15.7, but if it comes above 15.7, then a intra day buy could be more profitable.
If you take a sell trade below 15.7, then use 15.7 as stoploss and 14.7 as target. However if you take a buy trade in stock , then use 15.7 as stoploss and 16.58 as target.

Share price targets for Mel (Mel)

Target Type Value
Downside Target 13.60
Downside Target 13.90
Downside Target 14.40
Upside Target 16.00
Upside Target 17.00
Upside Target 17.70
Upside Target 17.80
Upside Target 17.90
Upside Target 18.74
Upside Target 18.99

Intraday share price targets for Mel (Mel)

Target Type Value
Downside Intraday Target 14.27
Downside Intraday Target 12.91
Upside Intraday Target 17.12
Upside Intraday Target 18.61
Upside Intraday Target 15.76

Weekly technical analysis of Mel (Mel)

Date Weekly Closing Price Open High Low Volume
08 Mon Dec 2025 15.63 15.76 17.25 14.40 0.549 times
05 Fri Dec 2025 16.08 17.00 17.90 16.00 0.55 times
28 Fri Nov 2025 16.44 17.38 17.70 16.15 0.972 times
21 Fri Nov 2025 16.65 16.99 18.74 16.30 0.219 times
14 Fri Nov 2025 16.60 15.12 18.99 14.45 16.596 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
08 Mon Dec 2025 15.63 17.00 17.90 14.40 0.121 times
28 Fri Nov 2025 16.44 15.40 18.99 14.45 5.913 times
31 Fri Oct 2025 14.90 15.79 17.80 14.10 0.69 times
30 Tue Sep 2025 14.67 14.20 16.50 13.60 0.575 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mel ( (Mel) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mel in short term but the sell 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 red color and prices are below 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 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 16.41 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mel ( (Mel) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mel in short term but the sell 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 red color and prices are below 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 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 16.41 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 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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Daily charts

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