(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 2025-11-06 View latest technical analysis
10 day averaged volume of Mel is 10526
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Nov 2025 | 15.24 | 14.45 | 15.70 | 14.45 | 2.502 times |
| 04 Tue Nov 2025 | 14.71 | 14.60 | 14.99 | 14.60 | 0.616 times |
| 03 Mon Nov 2025 | 14.66 | 15.40 | 15.40 | 14.55 | 0.807 times |
| 31 Fri Oct 2025 | 14.90 | 14.90 | 15.10 | 14.90 | 0.209 times |
| 30 Thu Oct 2025 | 14.86 | 14.90 | 15.25 | 14.76 | 0.714 times |
| 29 Wed Oct 2025 | 15.14 | 15.40 | 15.44 | 14.82 | 0.295 times |
| 28 Tue Oct 2025 | 15.16 | 15.42 | 15.69 | 15.15 | 0.365 times |
| 27 Mon Oct 2025 | 15.12 | 15.34 | 15.49 | 15.08 | 1.789 times |
| 23 Thu Oct 2025 | 15.44 | 15.77 | 15.77 | 15.25 | 2.296 times |
| 21 Tue Oct 2025 | 15.37 | 17.80 | 17.80 | 14.80 | 2.217 times |
Stock of Mel (Mel) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 15.2, but if it comes below 15.2, then a intra day sell could be more profitable.
If you take a sell trade below 15.2, then use 15.2 as stoploss and 14.95 as target. However if you take a buy trade in stock , then use 15.2 as stoploss and 15.6 as target.
Share price targets for Mel (Mel)
| Target Type | Value |
| Downside Target | 13.60 |
| Downside Target | 13.90 |
| Downside Target | 14.45 |
| Upside Target | 15.42 |
| Upside Target | 15.70 |
| Upside Target | 15.89 |
| Upside Target | 16.00 |
| Upside Target | 16.50 |
| Upside Target | 17.00 |
| Upside Target | 17.80 |
| Upside Target | 40.50 |
Intraday share price targets for Mel (Mel)
| Target Type | Value |
| Downside Intraday Target | 14.56 |
| Downside Intraday Target | 13.88 |
| Upside Intraday Target | 15.81 |
| Upside Intraday Target | 16.38 |
| Downside Intraday Target | 15.13 |
Weekly technical analysis of Mel (Mel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Nov 2025 | 15.24 | 15.40 | 15.70 | 14.45 | 1.164 times |
| 31 Fri Oct 2025 | 14.90 | 15.34 | 15.69 | 14.76 | 0.648 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 |
Price has moved up 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 |
| 06 Thu Nov 2025 | 15.24 | 15.40 | 15.70 | 14.45 | 0.229 times |
| 31 Fri Oct 2025 | 14.90 | 15.79 | 17.80 | 14.10 | 0.69 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 |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mel in short term but BUY 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
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 15.18 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mel in short term but BUY 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
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 15.18 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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