(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 11556
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Mon Jan 2025 | 28.00 | 28.62 | 29.58 | 27.50 | 0.567 times |
| 24 Fri Jan 2025 | 28.06 | 29.85 | 30.74 | 27.51 | 0.913 times |
| 23 Thu Jan 2025 | 29.23 | 28.50 | 29.37 | 27.03 | 0.258 times |
| 22 Wed Jan 2025 | 27.95 | 28.48 | 29.76 | 25.53 | 1.059 times |
| 21 Tue Jan 2025 | 27.06 | 28.98 | 30.97 | 26.90 | 1.04 times |
| 20 Mon Jan 2025 | 28.60 | 30.35 | 30.35 | 27.60 | 1.511 times |
| 17 Fri Jan 2025 | 30.42 | 28.80 | 30.75 | 27.41 | 2.573 times |
| 16 Thu Jan 2025 | 27.96 | 26.97 | 29.00 | 26.20 | 1.589 times |
| 15 Wed Jan 2025 | 27.22 | 27.45 | 27.45 | 26.16 | 0.152 times |
| 14 Tue Jan 2025 | 26.62 | 28.18 | 28.18 | 25.12 | 0.559 times |
My analysis of stock is bullish for shortterm, and stock might move up till 28.6 or till 29.7. Use a stoploss of 27.64 and if this stock hits its stoploss, then it can fall down till 26.69
Share price targets for Mel (Mel)
| Target Type | Value |
| Downside Target | 23.44 |
| Downside Target | 25.00 |
| Downside Target | 27.50 |
| Upside Target | 28.29 |
| Upside Target | 29.58 |
| Upside Target | 30.75 |
| Upside Target | 30.89 |
| Upside Target | 30.97 |
| Upside Target | 33.49 |
| Upside Target | 34.00 |
| Upside Target | 36.82 |
Intraday share price targets for Mel (Mel)
| Target Type | Value |
| Downside Intraday Target | 27.14 |
| Downside Intraday Target | 26.28 |
| Upside Intraday Target | 29.22 |
| Upside Intraday Target | 30.44 |
| Upside Intraday Target | 28.36 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Mon Jan 2025 | 28.00 | 28.62 | 29.58 | 27.50 | 0.119 times |
| 24 Fri Jan 2025 | 28.06 | 30.35 | 30.97 | 25.53 | 0.917 times |
| 17 Fri Jan 2025 | 30.42 | 25.80 | 30.75 | 25.00 | 1.541 times |
| 10 Fri Jan 2025 | 25.80 | 28.15 | 28.39 | 25.62 | 1.226 times |
| 03 Fri Jan 2025 | 27.33 | 26.39 | 28.29 | 26.39 | 0.768 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 |
| 27 Mon Jan 2025 | 28.00 | 27.62 | 30.97 | 25.00 | 0.56 times |
| 31 Tue Dec 2024 | 27.19 | 33.49 | 33.49 | 25.33 | 1.735 times |
| 29 Fri Nov 2024 | 30.49 | 28.20 | 34.00 | 26.10 | 0.758 times |
| 31 Thu Oct 2024 | 27.99 | 30.89 | 30.89 | 23.44 | 0.495 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mel ( (Mel) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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.
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 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 but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 28.54 and Mel (Mel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Mel ( (Mel) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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.
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 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 but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mel is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 28.54 and Mel (Mel) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
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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