(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 2025-04-29 View latest technical analysis
10 day averaged volume of Mel is 30036
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Tue Apr 2025 | 27.29 | 28.52 | 28.99 | 27.05 | 2.857 times |
| 28 Mon Apr 2025 | 28.52 | 30.90 | 30.90 | 27.50 | 1.309 times |
| 25 Fri Apr 2025 | 30.35 | 31.00 | 32.50 | 29.00 | 1.485 times |
| 24 Thu Apr 2025 | 30.85 | 31.00 | 32.50 | 28.21 | 2.037 times |
| 22 Tue Apr 2025 | 27.22 | 23.20 | 28.08 | 23.15 | 3.556 times |
| 21 Mon Apr 2025 | 23.40 | 23.82 | 23.82 | 22.97 | 0.234 times |
| 17 Thu Apr 2025 | 23.79 | 23.87 | 24.00 | 22.80 | 0.625 times |
| 16 Wed Apr 2025 | 23.87 | 22.53 | 24.01 | 22.53 | 0.513 times |
| 15 Tue Apr 2025 | 22.53 | 22.50 | 23.49 | 22.50 | 0.145 times |
| 11 Fri Apr 2025 | 22.74 | 23.74 | 23.74 | 22.65 | 0.026 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 stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 27.5 as stoploss in an intra day sell trade for a target of 25.16. However, stock will show a bullish move above 27.5.
Share price targets for Mel (Mel)
| Target Type | Value |
| Downside Target | 21.27 |
| Downside Target | 22.04 |
| Downside Target | 22.50 |
| Downside Target | 22.97 |
| Downside Target | 24.00 |
| Downside Target | 24.95 |
| Downside Target | 27.05 |
| Upside Target | 27.72 |
| Upside Target | 30.25 |
| Upside Target | 30.90 |
| Upside Target | 30.97 |
| Upside Target | 32.50 |
| Upside Target | 33.49 |
Intraday share price targets for Mel (Mel)
| Target Type | Value |
| Downside Intraday Target | 25.93 |
| Downside Intraday Target | 24.56 |
| Upside Intraday Target | 29.78 |
| Upside Intraday Target | 32.26 |
| Upside Intraday Target | 28.41 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Tue Apr 2025 | 27.29 | 30.90 | 30.90 | 27.05 | 0.57 times |
| 25 Fri Apr 2025 | 30.35 | 23.82 | 32.50 | 22.97 | 5.702 times |
| 17 Thu Apr 2025 | 23.79 | 22.50 | 24.01 | 22.50 | 1.065 times |
| 11 Fri Apr 2025 | 22.74 | 23.37 | 24.00 | 22.04 | 0.382 times |
| 04 Fri Apr 2025 | 23.79 | 24.95 | 24.95 | 23.00 | 0.645 times |
Price has moved down 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 |
| 29 Tue Apr 2025 | 27.29 | 24.95 | 32.50 | 22.04 | 1.407 times |
| 28 Fri Mar 2025 | 24.70 | 26.23 | 27.72 | 22.05 | 1.887 times |
| 28 Fri Feb 2025 | 25.72 | 26.73 | 30.25 | 21.27 | 0.897 times |
| 31 Fri Jan 2025 | 26.89 | 27.62 | 30.97 | 25.00 | 0.676 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 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 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 losing 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 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Mel in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 27.88 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 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 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 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 losing 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 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Mel in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing 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 27.88 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 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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