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(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 97776

Date Daily Closing Price Open High Low Volume
11 Fri Jul 2025 20.14 19.50 20.59 19.00 1.721 times
10 Thu Jul 2025 37.85 38.90 39.72 36.06 3.153 times
09 Wed Jul 2025 37.95 38.40 40.50 36.80 2.095 times
08 Tue Jul 2025 38.60 38.60 38.60 38.00 2.399 times
07 Mon Jul 2025 36.77 36.68 36.78 35.55 0.963 times
04 Fri Jul 2025 35.03 33.52 35.45 33.52 0.263 times
03 Thu Jul 2025 34.20 34.45 34.99 34.00 0.231 times
02 Wed Jul 2025 34.24 33.42 34.98 33.00 0.302 times
01 Tue Jul 2025 34.30 35.00 35.00 33.50 0.093 times
30 Mon Jun 2025 34.40 34.01 35.78 33.00 0.287 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 25.1, for a target of 30.1 or 34.31

Share price targets for Mel (Mel)

Target Type Value
Downside Target 19.00
Upside Target 22.04
Upside Target 22.51
Upside Target 26.62
Upside Target 28.95
Upside Target 29.74
Upside Target 32.50
Upside Target 34.03
Upside 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 12.59
Downside Intraday Target 5.05
Upside Intraday Target 34.09
Upside Intraday Target 48.05
Upside Intraday Target 26.55

Weekly technical analysis of Mel (Mel)

Date Weekly Closing Price Open High Low Volume
11 Fri Jul 2025 20.14 36.68 40.50 19.00 8.784 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 down 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
11 Fri Jul 2025 20.14 35.00 40.50 19.00 0.751 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 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 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 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 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Mel in short term but the sell signal is initial and weak.

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 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 34.94 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 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 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 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Mel in short term but the sell signal is initial and weak.

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 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 34.94 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.

Click here for Mel charts

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Daily charts

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Daily chart
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