(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 2026-02-02 View latest technical analysis
10 day averaged volume of Mel is 20207
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Mon Feb 2026 | 14.07 | 14.90 | 14.90 | 13.50 | 0.819 times |
| 01 Sun Feb 2026 | 13.94 | 13.61 | 14.44 | 13.50 | 0.687 times |
| 30 Fri Jan 2026 | 13.99 | 13.90 | 14.96 | 13.50 | 0.694 times |
| 29 Thu Jan 2026 | 13.69 | 13.79 | 13.79 | 13.00 | 0.671 times |
| 28 Wed Jan 2026 | 13.13 | 12.84 | 13.80 | 12.84 | 0.47 times |
| 27 Tue Jan 2026 | 12.84 | 13.72 | 13.72 | 12.48 | 0.559 times |
| 23 Fri Jan 2026 | 12.47 | 13.08 | 13.08 | 12.21 | 1.238 times |
| 22 Thu Jan 2026 | 12.82 | 13.52 | 13.54 | 11.99 | 3.337 times |
| 21 Wed Jan 2026 | 13.12 | 14.00 | 14.00 | 12.50 | 0.897 times |
| 20 Tue Jan 2026 | 14.09 | 14.85 | 14.85 | 12.84 | 0.841 times |
My analysis of stock is bearish for shortterm, and stock might move down till 13.3 or till 12.3. Use a stoploss of 14.09 and if the stock hits stoploss, then it can shoot up till 14.89
Share price targets for Mel (Mel)
| Target Type | Value |
| Downside Target | 11.99 |
| Downside Target | 12.48 |
| Downside Target | 13.50 |
| Downside Target | 14.00 |
| Upside Target | 14.40 |
| Upside Target | 14.85 |
| Upside Target | 14.96 |
| Upside Target | 15.40 |
| Upside Target | 15.70 |
| Upside Target | 15.98 |
| 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 | 13.41 |
| Downside Intraday Target | 12.76 |
| Upside Intraday Target | 14.81 |
| Upside Intraday Target | 15.56 |
| Upside Intraday Target | 14.16 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Mon Feb 2026 | 14.07 | 13.61 | 14.90 | 13.50 | 0.629 times |
| 30 Fri Jan 2026 | 13.99 | 13.72 | 14.96 | 12.48 | 0.346 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 |
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 |
| 02 Mon Feb 2026 | 14.07 | 13.61 | 14.90 | 13.50 | 0.083 times |
| 30 Fri Jan 2026 | 13.99 | 15.73 | 15.98 | 11.99 | 0.873 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 |
Scroll below to view daily charts
Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mel ( (Mel) ) based on a short 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.
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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mel in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mel in short term and BUY signal is strong.
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
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 13.24 and Mel (Mel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mel ( (Mel) ) based on a short 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.
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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mel in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mel in short term and BUY signal is strong.
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
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 13.24 and Mel (Mel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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