(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 2025-10-29 View latest technical analysis
10 day averaged volume of Mel is 12070
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Wed Oct 2025 | 15.14 | 15.40 | 15.44 | 14.82 | 0.257 times |
| 28 Tue Oct 2025 | 15.16 | 15.42 | 15.69 | 15.15 | 0.318 times |
| 27 Mon Oct 2025 | 15.12 | 15.34 | 15.49 | 15.08 | 1.56 times |
| 23 Thu Oct 2025 | 15.44 | 15.77 | 15.77 | 15.25 | 2.002 times |
| 21 Tue Oct 2025 | 15.37 | 17.80 | 17.80 | 14.80 | 1.933 times |
| 20 Mon Oct 2025 | 14.85 | 14.71 | 14.90 | 14.10 | 0.603 times |
| 17 Fri Oct 2025 | 14.36 | 14.51 | 15.00 | 14.22 | 0.779 times |
| 16 Thu Oct 2025 | 14.41 | 14.50 | 15.19 | 14.13 | 1.424 times |
| 15 Wed Oct 2025 | 14.78 | 15.18 | 15.18 | 14.31 | 0.251 times |
| 14 Tue Oct 2025 | 14.83 | 14.90 | 15.23 | 14.50 | 0.41 times |
My analysis of stock is bullish for shortterm, and stock might move up till 15.3 or till 15.7. Use a stoploss of 15.01 and if this stock hits its stoploss, then it can fall down till 14.71
Share price targets for Mel (Mel)
| Target Type | Value |
| Downside Target | 13.60 |
| Downside Target | 13.90 |
| Downside Target | 14.66 |
| Upside Target | 15.42 |
| Upside Target | 16.50 |
| Upside Target | 17.00 |
| Upside Target | 17.80 |
| Upside Target | 26.62 |
| Upside Target | 40.50 |
| Upside Target | 41.00 |
Intraday share price targets for Mel (Mel)
| Target Type | Value |
| Downside Intraday Target | 14.74 |
| Downside Intraday Target | 14.35 |
| Upside Intraday Target | 15.61 |
| Upside Intraday Target | 16.09 |
| Upside Intraday Target | 15.22 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Wed Oct 2025 | 15.14 | 15.34 | 15.69 | 14.82 | 0.471 times |
| 23 Thu Oct 2025 | 15.44 | 14.71 | 17.80 | 14.10 | 1.267 times |
| 17 Fri Oct 2025 | 14.36 | 15.89 | 15.89 | 14.13 | 1.342 times |
| 10 Fri Oct 2025 | 15.42 | 15.58 | 16.00 | 14.66 | 0.695 times |
| 03 Fri Oct 2025 | 15.27 | 15.40 | 16.50 | 14.00 | 0.549 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 |
| 29 Wed Oct 2025 | 15.14 | 15.79 | 17.80 | 14.10 | 0.653 times |
| 30 Tue Sep 2025 | 14.67 | 14.20 | 16.50 | 13.60 | 0.575 times |
| 29 Fri Aug 2025 | 14.20 | 16.08 | 17.00 | 13.90 | 0.314 times |
| 31 Thu Jul 2025 | 16.08 | 35.00 | 40.50 | 15.42 | 0.993 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Strong 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 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 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 15.03 and Mel (Mel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 neutral. A longer time frame might give a better analysis.
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 BUY. Signal strength is Strong 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 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 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 15.03 and Mel (Mel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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