(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 2025-05-21 View latest technical analysis
10 day averaged volume of Mel is 12543
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Wed May 2025 | 26.08 | 25.95 | 26.34 | 24.61 | 0.393 times |
| 20 Tue May 2025 | 25.53 | 26.85 | 26.85 | 25.40 | 0.202 times |
| 19 Mon May 2025 | 26.01 | 25.77 | 26.45 | 25.02 | 0.514 times |
| 16 Fri May 2025 | 25.09 | 25.90 | 25.95 | 25.05 | 1.033 times |
| 15 Thu May 2025 | 25.21 | 25.67 | 26.93 | 24.50 | 2.192 times |
| 14 Wed May 2025 | 24.62 | 25.04 | 25.75 | 24.56 | 0.545 times |
| 13 Tue May 2025 | 25.04 | 25.94 | 25.94 | 25.00 | 0.541 times |
| 12 Mon May 2025 | 25.00 | 24.95 | 25.45 | 24.18 | 0.745 times |
| 09 Fri May 2025 | 23.71 | 24.00 | 24.79 | 22.75 | 0.811 times |
| 08 Thu May 2025 | 24.33 | 25.20 | 25.85 | 24.06 | 1.678 times |
My analysis of stock is bearish for shortterm, and stock might move down till 24.3 or till 22.1. Use a stoploss of 26.19 and if the stock hits stoploss, then it can shoot up till 28.05
Share price targets for Mel (Mel)
| Target Type | Value |
| Downside Target | 21.27 |
| Downside Target | 22.04 |
| Downside Target | 22.51 |
| Downside Target | 22.97 |
| Downside Target | 24.18 |
| Upside Target | 26.85 |
| 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 | 24.84 |
| Downside Intraday Target | 23.61 |
| Upside Intraday Target | 27.08 |
| Upside Intraday Target | 28.09 |
| Downside Intraday Target | 25.85 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Wed May 2025 | 26.08 | 25.77 | 26.85 | 24.61 | 0.219 times |
| 16 Fri May 2025 | 25.09 | 24.95 | 26.93 | 24.18 | 0.627 times |
| 09 Fri May 2025 | 23.71 | 25.35 | 26.95 | 22.51 | 0.404 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 |
Price has moved up 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 |
| 21 Wed May 2025 | 26.08 | 27.00 | 27.50 | 22.51 | 0.438 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 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 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Mel in short term but the buy signal is initial and weak.
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 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 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 24.91 and Mel (Mel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Mel in short term but the buy signal is initial and weak.
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 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 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 24.91 and Mel (Mel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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