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(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 2025-10-28 View latest technical analysis

10 day averaged volume of Mel is 12528

Date Daily Closing Price Open High Low Volume
28 Tue Oct 2025 15.16 15.42 15.69 15.15 0.306 times
27 Mon Oct 2025 15.12 15.34 15.49 15.08 1.503 times
23 Thu Oct 2025 15.44 15.77 15.77 15.25 1.929 times
21 Tue Oct 2025 15.37 17.80 17.80 14.80 1.862 times
20 Mon Oct 2025 14.85 14.71 14.90 14.10 0.581 times
17 Fri Oct 2025 14.36 14.51 15.00 14.22 0.751 times
16 Thu Oct 2025 14.41 14.50 15.19 14.13 1.372 times
15 Wed Oct 2025 14.78 15.18 15.18 14.31 0.242 times
14 Tue Oct 2025 14.83 14.90 15.23 14.50 0.395 times
13 Mon Oct 2025 14.90 15.89 15.89 14.35 0.692 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 15.3 as stoploss in an intra day sell trade for a target of 15.01. However, stock will show a bullish move above 15.3.

Share price targets for Mel (Mel)

Target Type Value
Downside Target 13.60
Downside Target 13.90
Downside Target 14.66
Downside Target 15.08
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 14.93
Downside Intraday Target 14.7
Upside Intraday Target 15.54
Upside Intraday Target 15.92
Upside Intraday Target 15.31

Weekly technical analysis of Mel (Mel)

Date Weekly Closing Price Open High Low Volume
28 Tue Oct 2025 15.16 15.34 15.69 15.08 0.414 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
28 Tue Oct 2025 15.16 15.79 17.80 14.10 0.641 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 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 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 gaining 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 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Mel in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 15.02 and Mel (Mel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 gaining 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 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Mel in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying 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 15.02 and Mel (Mel) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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Daily charts

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