(Mel) Mel ForceIndex charts technical analysis
(Mel) Mel ForceIndex charts technical analysis ForceIndex analysis of Mel | Buy/Sell Mel
10 day averaged volume of Mel is 20341
| Date | Closing Price | Open | High | Low | Volume |
| 04 Wed Feb 2026 | 14.11 | 13.52 | 14.70 | 13.52 | 0.014 Mn |
| 03 Tue Feb 2026 | 14.24 | 14.84 | 14.84 | 14.10 | 0.014 Mn |
| 02 Mon Feb 2026 | 14.07 | 14.90 | 14.90 | 13.50 | 0.017 Mn |
| 01 Sun Feb 2026 | 13.94 | 13.61 | 14.44 | 13.50 | 0.014 Mn |
| 30 Fri Jan 2026 | 13.99 | 13.90 | 14.96 | 13.50 | 0.014 Mn |
| 29 Thu Jan 2026 | 13.69 | 13.79 | 13.79 | 13.00 | 0.014 Mn |
| 28 Wed Jan 2026 | 13.13 | 12.84 | 13.80 | 12.84 | 0.009 Mn |
| 27 Tue Jan 2026 | 12.84 | 13.72 | 13.72 | 12.48 | 0.011 Mn |
| 23 Fri Jan 2026 | 12.47 | 13.08 | 13.08 | 12.21 | 0.025 Mn |
| 22 Thu Jan 2026 | 12.82 | 13.52 | 13.54 | 11.99 | 0.067 Mn |
Indicators analysis of Mel (Mel)
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
ForceIndex charts
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 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 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 Weak 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 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 13.31 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 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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