(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)
10 day averaged volume of Mel is 57413
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Wed Jul 2025 | 37.95 | 38.40 | 40.50 | 36.80 | 3.568 times |
| 08 Tue Jul 2025 | 38.60 | 38.60 | 38.60 | 38.00 | 4.086 times |
| 07 Mon Jul 2025 | 36.77 | 36.68 | 36.78 | 35.55 | 1.64 times |
| 04 Fri Jul 2025 | 35.03 | 33.52 | 35.45 | 33.52 | 0.447 times |
| 03 Thu Jul 2025 | 34.20 | 34.45 | 34.99 | 34.00 | 0.393 times |
| 02 Wed Jul 2025 | 34.24 | 33.42 | 34.98 | 33.00 | 0.514 times |
| 01 Tue Jul 2025 | 34.30 | 35.00 | 35.00 | 33.50 | 0.159 times |
| 30 Mon Jun 2025 | 34.40 | 34.01 | 35.78 | 33.00 | 0.489 times |
| 27 Fri Jun 2025 | 34.73 | 35.19 | 35.68 | 34.50 | 0.365 times |
| 26 Thu Jun 2025 | 35.19 | 37.49 | 37.49 | 34.41 | 0.718 times |
Stock of Mel (Mel) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 37.5, but if it comes below 37.5, then a intra day sell could be more profitable.
If you take a sell trade below 37.5, then use 37.5 as stoploss and 34.24 as target. However if you take a buy trade in stock , then use 37.5 as stoploss and 41.4 as target.
Share price targets for Mel (Mel)
| Target Type | Value |
| Downside Target | 22.04 |
| Downside Target | 22.51 |
| Downside Target | 26.62 |
| Downside Target | 28.95 |
| Downside Target | 29.74 |
| Downside Target | 32.50 |
| Downside Target | 34.03 |
| Downside Target | 35.55 |
| Downside Target | 35.78 |
| Upside Target | 38.80 |
| Upside Target | 40.50 |
| Upside Target | 41.00 |
Intraday share price targets for Mel (Mel)
| Target Type | Value |
| Downside Intraday Target | 35.5 |
| Downside Intraday Target | 33.05 |
| Upside Intraday Target | 40.45 |
| Upside Intraday Target | 42.95 |
| Upside Intraday Target | 38 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Wed Jul 2025 | 37.95 | 36.68 | 40.50 | 35.55 | 4.64 times |
| 04 Fri Jul 2025 | 35.03 | 34.01 | 35.78 | 33.00 | 0.239 times |
| 27 Fri Jun 2025 | 34.73 | 34.99 | 41.00 | 34.03 | 0.591 times |
| 19 Thu Jun 2025 | 33.30 | 28.45 | 38.80 | 27.25 | 11.482 times |
| 13 Fri Jun 2025 | 27.75 | 27.68 | 29.74 | 27.00 | 1.107 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Mel (Mel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 09 Wed Jul 2025 | 37.95 | 35.00 | 40.50 | 33.00 | 0.425 times |
| 30 Mon Jun 2025 | 34.40 | 27.46 | 41.00 | 26.62 | 4.233 times |
| 30 Fri May 2025 | 26.81 | 27.00 | 28.95 | 22.51 | 0.607 times |
| 30 Wed Apr 2025 | 27.01 | 24.95 | 32.50 | 22.04 | 1.557 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mel in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Mel in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying 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 37.19 and Mel (Mel) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Mel (Mel) stock. Volume based technical analysis of Mel (Mel) stock is negative.
Mel Stock is giving positive 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Mel in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a buy signal for Mel in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying 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 37.19 and Mel (Mel) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Mel (Mel) stock. Volume based technical analysis of Mel (Mel) stock is negative.
Mel Stock is giving positive 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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