(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 2026-01-06 View latest technical analysis
10 day averaged volume of Mel is 18342
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Jan 2026 | 14.95 | 15.44 | 15.44 | 14.91 | 0.629 times |
| 05 Mon Jan 2026 | 15.15 | 15.70 | 15.70 | 14.80 | 1.38 times |
| 02 Fri Jan 2026 | 15.63 | 15.70 | 15.98 | 15.00 | 3.069 times |
| 01 Thu Jan 2026 | 15.38 | 15.73 | 15.73 | 15.18 | 0.482 times |
| 31 Wed Dec 2025 | 15.19 | 15.65 | 15.65 | 14.92 | 0.277 times |
| 30 Tue Dec 2025 | 15.11 | 15.44 | 15.45 | 15.04 | 0.255 times |
| 29 Mon Dec 2025 | 15.17 | 15.01 | 15.45 | 15.01 | 0.528 times |
| 26 Fri Dec 2025 | 14.89 | 14.90 | 15.68 | 14.52 | 0.786 times |
| 24 Wed Dec 2025 | 15.27 | 15.15 | 16.23 | 14.50 | 1.627 times |
| 23 Tue Dec 2025 | 15.78 | 15.99 | 15.99 | 15.26 | 0.507 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, but if it comes above 15, then a intra day buy could be more profitable.
If you take a sell trade below 15, then use 15 as stoploss and 14.7 as target. However if you take a buy trade in stock , then use 15 as stoploss and 15.28 as target.
Share price targets for Mel (Mel)
| Target Type | Value |
| Downside Target | 13.60 |
| Downside Target | 14.10 |
| Downside Target | 14.40 |
| Upside Target | 15.70 |
| Upside Target | 15.98 |
| Upside Target | 16.23 |
| Upside Target | 16.50 |
| 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 | 14.6 |
| Downside Intraday Target | 14.25 |
| Upside Intraday Target | 15.5 |
| Upside Intraday Target | 16.05 |
| Upside Intraday Target | 15.15 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Jan 2026 | 14.95 | 15.70 | 15.70 | 14.80 | 0.436 times |
| 02 Fri Jan 2026 | 15.63 | 15.01 | 15.98 | 14.92 | 1.15 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 |
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 |
| 06 Tue Jan 2026 | 14.95 | 15.73 | 15.98 | 14.80 | 0.242 times |
| 31 Wed Dec 2025 | 15.19 | 17.00 | 17.90 | 14.40 | 0.394 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 |
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 neutral. A longer time frame might give a better analysis.
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 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 coming down
CCI has generated a SELL signal for Mel in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 15.34 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 neutral. A longer time frame might give a better analysis.
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 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 coming down
CCI has generated a SELL signal for Mel in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 15.34 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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