(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 2025-12-29 View latest technical analysis
10 day averaged volume of Mel is 21063
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Mon Dec 2025 | 15.17 | 15.01 | 15.45 | 15.01 | 0.459 times |
| 26 Fri Dec 2025 | 14.89 | 14.90 | 15.68 | 14.52 | 0.684 times |
| 24 Wed Dec 2025 | 15.27 | 15.15 | 16.23 | 14.50 | 1.416 times |
| 23 Tue Dec 2025 | 15.78 | 15.99 | 15.99 | 15.26 | 0.441 times |
| 22 Mon Dec 2025 | 15.62 | 15.10 | 15.90 | 15.10 | 0.949 times |
| 19 Fri Dec 2025 | 15.60 | 15.79 | 15.79 | 14.75 | 0.934 times |
| 18 Thu Dec 2025 | 15.29 | 15.00 | 15.35 | 14.80 | 0.361 times |
| 17 Wed Dec 2025 | 14.98 | 14.75 | 15.50 | 14.75 | 0.826 times |
| 16 Tue Dec 2025 | 14.86 | 15.69 | 15.69 | 14.81 | 0.646 times |
| 15 Mon Dec 2025 | 15.16 | 15.90 | 15.90 | 15.00 | 0.935 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 15 as stoploss in an intra day buy trade for a target of 15.68. However, stock will show a bearish move below 15.
Share price targets for Mel (Mel)
| Target Type | Value |
| Downside Target | 13.60 |
| Downside Target | 13.90 |
| Downside Target | 14.40 |
| Upside Target | 15.45 |
| Upside Target | 15.90 |
| Upside Target | 16.50 |
| Upside Target | 17.00 |
| Upside Target | 17.25 |
| Upside Target | 17.80 |
| Upside Target | 17.90 |
| Upside Target | 18.99 |
Intraday share price targets for Mel (Mel)
| Target Type | Value |
| Downside Intraday Target | 14.97 |
| Downside Intraday Target | 14.77 |
| Upside Intraday Target | 15.41 |
| Upside Intraday Target | 15.65 |
| Upside Intraday Target | 15.21 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Mon Dec 2025 | 15.17 | 15.01 | 15.45 | 15.01 | 0.132 times |
| 26 Fri Dec 2025 | 14.89 | 15.10 | 16.23 | 14.50 | 0.943 times |
| 19 Fri Dec 2025 | 15.60 | 15.90 | 15.90 | 14.75 | 0.469 times |
| 12 Fri Dec 2025 | 15.76 | 15.76 | 17.25 | 14.40 | 1.983 times |
| 05 Fri Dec 2025 | 16.08 | 17.00 | 17.90 | 16.00 | 0.55 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 |
| 29 Mon Dec 2025 | 15.17 | 17.00 | 17.90 | 14.40 | 0.385 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL. Signal strength is Weak 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mel in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 15.26 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL. Signal strength is Weak 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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mel in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 15.26 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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