(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 2026-01-05 View latest technical analysis
10 day averaged volume of Mel is 17777
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Jan 2026 | 15.15 | 15.70 | 15.70 | 14.80 | 1.424 times |
| 02 Fri Jan 2026 | 15.63 | 15.70 | 15.98 | 15.00 | 3.166 times |
| 01 Thu Jan 2026 | 15.38 | 15.73 | 15.73 | 15.18 | 0.498 times |
| 31 Wed Dec 2025 | 15.19 | 15.65 | 15.65 | 14.92 | 0.286 times |
| 30 Tue Dec 2025 | 15.11 | 15.44 | 15.45 | 15.04 | 0.263 times |
| 29 Mon Dec 2025 | 15.17 | 15.01 | 15.45 | 15.01 | 0.544 times |
| 26 Fri Dec 2025 | 14.89 | 14.90 | 15.68 | 14.52 | 0.811 times |
| 24 Wed Dec 2025 | 15.27 | 15.15 | 16.23 | 14.50 | 1.678 times |
| 23 Tue Dec 2025 | 15.78 | 15.99 | 15.99 | 15.26 | 0.523 times |
| 22 Mon Dec 2025 | 15.62 | 15.10 | 15.90 | 15.10 | 1.124 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 15 as stoploss in an intra day buy trade for a target of 15.31. However, stock will show a bearish move below 15.
Share price targets for Mel (Mel)
| Target Type | Value |
| Downside Target | 13.60 |
| Downside Target | 14.10 |
| Downside Target | 14.40 |
| Upside Target | 15.70 |
| Upside Target | 15.98 |
| Upside Target | 16.23 |
| Upside Target | 16.50 |
| Upside Target | 17.25 |
| Upside Target | 17.80 |
| Upside Target | 17.90 |
| Upside Target | 18.99 |
Intraday share price targets for Mel (Mel)
| Target Type | Value |
| Downside Intraday Target | 14.73 |
| Downside Intraday Target | 14.32 |
| Upside Intraday Target | 15.63 |
| Upside Intraday Target | 16.12 |
| Upside Intraday Target | 15.22 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Jan 2026 | 15.15 | 15.70 | 15.70 | 14.80 | 0.299 times |
| 02 Fri Jan 2026 | 15.63 | 15.01 | 15.98 | 14.92 | 1.15 times |
| 26 Fri Dec 2025 | 14.89 | 15.10 | 16.23 | 14.50 | 0.943 times |
| 19 Fri Dec 2025 | 15.60 | 15.90 | 15.90 | 14.75 | 0.469 times |
| 12 Fri Dec 2025 | 15.76 | 15.76 | 17.25 | 14.40 | 1.983 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 |
| 05 Mon Jan 2026 | 15.15 | 15.73 | 15.98 | 14.80 | 0.215 times |
| 31 Wed Dec 2025 | 15.19 | 17.00 | 17.90 | 14.40 | 0.394 times |
| 28 Fri Nov 2025 | 16.44 | 15.40 | 18.99 | 14.45 | 5.913 times |
| 31 Fri Oct 2025 | 14.90 | 15.79 | 17.80 | 14.10 | 0.69 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 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 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.
ADX buy sell signal for Mel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Mel in short term but the buy signal is initial and weak.
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 and SELL signal is strong!
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 15.39 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 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 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.
ADX buy sell signal for Mel stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Mel in short term but the buy signal is initial and weak.
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 and SELL signal is strong!
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 15.39 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 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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