(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 2026-01-28 View latest technical analysis
10 day averaged volume of Mel is 20497
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Jan 2026 | 13.13 | 12.84 | 13.80 | 12.84 | 0.463 times |
| 27 Tue Jan 2026 | 12.84 | 13.72 | 13.72 | 12.48 | 0.551 times |
| 23 Fri Jan 2026 | 12.47 | 13.08 | 13.08 | 12.21 | 1.22 times |
| 22 Thu Jan 2026 | 12.82 | 13.52 | 13.54 | 11.99 | 3.289 times |
| 21 Wed Jan 2026 | 13.12 | 14.00 | 14.00 | 12.50 | 0.884 times |
| 20 Tue Jan 2026 | 14.09 | 14.85 | 14.85 | 12.84 | 0.829 times |
| 19 Mon Jan 2026 | 14.68 | 14.80 | 14.84 | 14.30 | 0.597 times |
| 16 Fri Jan 2026 | 14.87 | 14.94 | 14.94 | 14.50 | 0.701 times |
| 14 Wed Jan 2026 | 14.46 | 14.50 | 14.93 | 14.31 | 0.575 times |
| 13 Tue Jan 2026 | 14.54 | 14.21 | 14.99 | 14.05 | 0.528 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 13.4, but if it comes above 13.4, then a intra day buy could be more profitable.
If you take a sell trade below 13.4, then use 13.4 as stoploss and 12.3 as target. However if you take a buy trade in stock , then use 13.4 as stoploss and 14.37 as target.
Share price targets for Mel (Mel)
| Target Type | Value |
| Downside Target | 11.99 |
| Downside Target | 12.48 |
| Upside Target | 13.60 |
| Upside Target | 14.40 |
| Upside Target | 14.85 |
| Upside Target | 15.40 |
| Upside Target | 15.70 |
| Upside Target | 15.98 |
| Upside Target | 16.50 |
| 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 | 12.47 |
| Downside Intraday Target | 11.82 |
| Upside Intraday Target | 13.79 |
| Upside Intraday Target | 14.46 |
| Upside Intraday Target | 13.14 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Jan 2026 | 13.13 | 13.72 | 13.80 | 12.48 | 0.149 times |
| 23 Fri Jan 2026 | 12.47 | 14.80 | 14.85 | 11.99 | 2.595 times |
| 16 Fri Jan 2026 | 14.87 | 14.63 | 15.40 | 14.00 | 0.892 times |
| 09 Fri Jan 2026 | 14.53 | 15.70 | 15.70 | 14.48 | 0.714 times |
| 02 Fri Jan 2026 | 15.63 | 15.01 | 15.98 | 14.92 | 1.15 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 |
| 28 Wed Jan 2026 | 13.13 | 15.73 | 15.98 | 11.99 | 0.808 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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Mel in short term and the sell signal is strong.
Mel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but selling 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 13.38 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 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Mel in short term and the sell signal is strong.
Mel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 but selling 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 13.38 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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