(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 118244
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Fri Jul 2025 | 18.91 | 20.00 | 20.18 | 18.84 | 0.434 times |
| 17 Thu Jul 2025 | 19.81 | 19.95 | 20.50 | 19.40 | 0.158 times |
| 16 Wed Jul 2025 | 19.75 | 19.87 | 20.20 | 19.26 | 0.228 times |
| 15 Tue Jul 2025 | 19.86 | 19.80 | 20.85 | 18.90 | 0.441 times |
| 14 Mon Jul 2025 | 19.87 | 20.00 | 20.40 | 19.14 | 0.412 times |
| 11 Fri Jul 2025 | 20.14 | 19.50 | 20.59 | 19.00 | 1.423 times |
| 10 Thu Jul 2025 | 37.85 | 38.90 | 39.72 | 36.06 | 2.607 times |
| 09 Wed Jul 2025 | 37.95 | 38.40 | 40.50 | 36.80 | 1.732 times |
| 08 Tue Jul 2025 | 38.60 | 38.60 | 38.60 | 38.00 | 1.984 times |
| 07 Mon Jul 2025 | 36.77 | 36.68 | 36.78 | 35.55 | 0.796 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 23.6, but if it comes above 23.6, then a intra day buy could be more profitable.
If you take a sell trade below 23.6, then use 23.6 as stoploss and 14.4 as target. However if you take a buy trade in stock , then use 23.6 as stoploss and 31.17 as target.
Share price targets for Mel (Mel)
| Target Type | Value |
| Downside Target | 18.84 |
| Upside Target | 20.85 |
| Upside Target | 22.04 |
| Upside Target | 22.51 |
| Upside Target | 26.62 |
| Upside Target | 27.25 |
| Upside Target | 28.95 |
| 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 | 18.22 |
| Downside Intraday Target | 17.52 |
| Upside Intraday Target | 20.23 |
| Upside Intraday Target | 21.54 |
| Upside Intraday Target | 19.53 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Fri Jul 2025 | 18.91 | 20.00 | 20.85 | 18.84 | 0.196 times |
| 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 |
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 |
| 18 Fri Jul 2025 | 18.91 | 35.00 | 40.50 | 18.84 | 0.887 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 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 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 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 and the sell signal is strong.
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 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 but selling 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 32.47 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 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 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 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 and the sell signal is strong.
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 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 but selling 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 32.47 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.
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