(Mel) Mel MACD charts technical analysis
(Mel) Mel MACD charts technical analysis MACD analysis of Mel | Buy/Sell Mel
10 day averaged volume of Mel is 5102
Date | Closing Price | Open | High | Low | Volume |
10 Fri May 2024 | 21.42 | 22.87 | 22.87 | 21.01 | 0.002 Mn |
09 Thu May 2024 | 21.97 | 22.19 | 22.19 | 21.00 | 0.001 Mn |
08 Wed May 2024 | 21.43 | 21.98 | 21.98 | 21.17 | 0.001 Mn |
07 Tue May 2024 | 21.80 | 22.99 | 22.99 | 21.16 | 0.004 Mn |
06 Mon May 2024 | 21.94 | 21.02 | 22.93 | 21.02 | 0.003 Mn |
03 Fri May 2024 | 21.84 | 22.90 | 22.90 | 21.70 | 0.003 Mn |
02 Thu May 2024 | 22.48 | 22.70 | 22.70 | 22.11 | 0.003 Mn |
30 Tue Apr 2024 | 22.30 | 22.00 | 22.90 | 21.74 | 0.001 Mn |
29 Mon Apr 2024 | 22.44 | 22.55 | 22.99 | 21.62 | 0.006 Mn |
26 Fri Apr 2024 | 22.44 | 22.98 | 22.98 | 21.36 | 0.012 Mn |
Indicators analysis of Mel (Mel)
MACD generated a SELL signal for Mel in short term and the sell signal is strong.
MACD charts
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 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 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 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Mel in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 22.19 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 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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