(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 35342
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Fri Apr 2025 | 23.79 | 24.00 | 24.00 | 23.21 | 0.047 times |
| 02 Wed Apr 2025 | 23.82 | 24.30 | 24.65 | 23.00 | 2.612 times |
| 01 Tue Apr 2025 | 24.65 | 24.95 | 24.95 | 24.00 | 0.022 times |
| 28 Fri Mar 2025 | 24.70 | 24.95 | 24.95 | 23.82 | 0.286 times |
| 26 Wed Mar 2025 | 24.75 | 24.30 | 25.40 | 23.86 | 0.665 times |
| 25 Tue Mar 2025 | 25.17 | 25.41 | 25.41 | 24.40 | 2.962 times |
| 24 Mon Mar 2025 | 25.16 | 25.34 | 25.34 | 24.75 | 0.244 times |
| 21 Fri Mar 2025 | 24.75 | 25.90 | 26.75 | 23.81 | 0.876 times |
| 20 Thu Mar 2025 | 25.92 | 24.80 | 25.93 | 24.00 | 0.787 times |
| 19 Wed Mar 2025 | 24.82 | 25.42 | 25.42 | 22.05 | 0.733 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 24.4, but if it comes above 24.4, then a intra day buy could be more profitable.
If you take a sell trade below 24.4, then use 24.4 as stoploss and 23.3 as target. However if you take a buy trade in stock , then use 24.4 as stoploss and 25.35 as target.
Share price targets for Mel (Mel)
| Target Type | Value |
| Downside Target | 21.27 |
| Downside Target | 22.05 |
| Downside Target | 23.00 |
| Downside Target | 23.50 |
| Upside Target | 24.80 |
| Upside Target | 26.75 |
| Upside Target | 27.43 |
| Upside Target | 27.72 |
| Upside Target | 30.25 |
| Upside Target | 30.97 |
| Upside Target | 33.49 |
Intraday share price targets for Mel (Mel)
| Target Type | Value |
| Downside Intraday Target | 22.88 |
| Downside Intraday Target | 21.96 |
| Upside Intraday Target | 24.83 |
| Upside Intraday Target | 25.86 |
| Upside Intraday Target | 23.91 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Fri Apr 2025 | 23.79 | 24.95 | 24.95 | 23.00 | 0.645 times |
| 28 Fri Mar 2025 | 24.70 | 25.34 | 25.41 | 23.82 | 1.145 times |
| 21 Fri Mar 2025 | 24.75 | 26.35 | 26.75 | 22.05 | 4.003 times |
| 13 Thu Mar 2025 | 25.99 | 27.72 | 27.72 | 24.80 | 0.554 times |
| 07 Fri Mar 2025 | 27.18 | 26.23 | 27.43 | 23.50 | 1.229 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 |
| 04 Fri Apr 2025 | 23.79 | 24.95 | 24.95 | 23.00 | 0.259 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 |
| 31 Fri Jan 2025 | 26.89 | 27.62 | 30.97 | 25.00 | 0.676 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Mel in short term and the sell 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. 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 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 24.73 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 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 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Mel in short term and the sell 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. 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 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 24.73 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 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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