(Mel) Mel ForceIndex charts technical analysis
(Mel) Mel ForceIndex charts technical analysis ForceIndex analysis of Mel | Buy/Sell Mel
10 day averaged volume of Mel is 39634
| Date | Closing Price | Open | High | Low | Volume |
| 12 Mon May 2025 | 25.00 | 24.95 | 25.45 | 24.18 | 0.009 Mn |
| 09 Fri May 2025 | 23.71 | 24.00 | 24.79 | 22.75 | 0.01 Mn |
| 08 Thu May 2025 | 24.33 | 25.20 | 25.85 | 24.06 | 0.021 Mn |
| 07 Wed May 2025 | 25.30 | 24.74 | 25.50 | 22.51 | 0.022 Mn |
| 06 Tue May 2025 | 24.53 | 25.50 | 25.93 | 24.35 | 0.012 Mn |
| 05 Mon May 2025 | 25.52 | 25.35 | 26.95 | 25.35 | 0.036 Mn |
| 02 Fri May 2025 | 26.56 | 27.00 | 27.50 | 25.05 | 0.071 Mn |
| 30 Wed Apr 2025 | 27.01 | 27.00 | 27.95 | 26.65 | 0.055 Mn |
| 29 Tue Apr 2025 | 27.29 | 28.52 | 28.99 | 27.05 | 0.086 Mn |
| 28 Mon Apr 2025 | 28.52 | 30.90 | 30.90 | 27.50 | 0.039 Mn |
Indicators analysis of Mel (Mel)
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
ForceIndex charts
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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 BUY signal in short term and the buying is gaining 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 26.52 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Click here for further forecast and predictions for tomorrow