(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 2025-05-07 View latest technical analysis
10 day averaged volume of Mel is 51833
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Wed May 2025 | 25.30 | 24.74 | 25.50 | 22.51 | 0.421 times |
| 06 Tue May 2025 | 24.53 | 25.50 | 25.93 | 24.35 | 0.233 times |
| 05 Mon May 2025 | 25.52 | 25.35 | 26.95 | 25.35 | 0.697 times |
| 02 Fri May 2025 | 26.56 | 27.00 | 27.50 | 25.05 | 1.365 times |
| 30 Wed Apr 2025 | 27.01 | 27.00 | 27.95 | 26.65 | 1.054 times |
| 29 Tue Apr 2025 | 27.29 | 28.52 | 28.99 | 27.05 | 1.656 times |
| 28 Mon Apr 2025 | 28.52 | 30.90 | 30.90 | 27.50 | 0.759 times |
| 25 Fri Apr 2025 | 30.35 | 31.00 | 32.50 | 29.00 | 0.86 times |
| 24 Thu Apr 2025 | 30.85 | 31.00 | 32.50 | 28.21 | 1.18 times |
| 22 Tue Apr 2025 | 27.22 | 23.20 | 28.08 | 23.15 | 2.061 times |
My analysis of stock is bearish for shortterm, and stock might move down till 23 or till 20. Use a stoploss of 25.38 and if the stock hits stoploss, then it can shoot up till 27.8
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 | 25.00 |
| Upside Target | 26.95 |
| Upside Target | 27.50 |
| Upside Target | 27.72 |
| Upside Target | 30.25 |
| Upside Target | 30.90 |
| Upside Target | 30.97 |
| Upside Target | 32.50 |
Intraday share price targets for Mel (Mel)
| Target Type | Value |
| Downside Intraday Target | 22.89 |
| Downside Intraday Target | 20.48 |
| Upside Intraday Target | 27.33 |
| Upside Intraday Target | 29.36 |
| Downside Intraday Target | 24.92 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Wed May 2025 | 25.30 | 25.35 | 26.95 | 22.51 | 0.279 times |
| 02 Fri May 2025 | 26.56 | 30.90 | 30.90 | 25.05 | 1.141 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 |
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 |
| 07 Wed May 2025 | 25.30 | 27.00 | 27.50 | 22.51 | 0.247 times |
| 30 Wed Apr 2025 | 27.01 | 24.95 | 32.50 | 22.04 | 1.557 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 |
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 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 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 neutral. A longer time frame might give a better analysis.
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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Mel in short term and SELL 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 27.64 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 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 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 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 neutral. A longer time frame might give a better analysis.
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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a SELL signal for Mel in short term and SELL 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 27.64 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 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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