BSE MEL 538834 All indicator, MEL 538834 indicators All technical analysis, MEL 538834 indicators All free charts, MEL 538834 indicators All historical values BSE

Stock 538834 - Share MEL trades in BSE

Daily Support: 24.72
Daily Resistance: 26.7
5 Day DMA Moving Average is 27.07
20 Day DMA Moving Average is 27.64

If a stock is trading above it's 5 day and 20 day moving averages, it's considered good for a trade! The support & resistance points are valid for intra day.

Date	Change	Open	Close	High	Low	Volume
Fri 10 Jan 2025	-4.48%	27.60	25.80	27.60	25.62	0.32 times
Thu 09 Jan 2025	-1.75%	28.27	27.01	28.27	26.15	0.4 times
Wed 08 Jan 2025	0.22%	28.39	27.49	28.39	26.71	0.09 times
Tue 07 Jan 2025	-0.76%	28.15	27.43	28.15	26.64	0.15 times
Mon 06 Jan 2025	1.13%	28.15	27.64	28.15	26.54	0.49 times
Fri 03 Jan 2025	-0.98%	26.70	27.33	27.84	26.70	0.23 times
Thu 02 Jan 2025	0.84%	28.29	27.60	28.29	26.66	0.2 times
Wed 01 Jan 2025	0.66%	27.62	27.37	27.81	26.50	0.22 times
Tue 31 Dec 2024	-0.15%	27.74	27.19	27.74	26.50	0.27 times
Mon 30 Dec 2024	-0.15%	26.39	27.23	27.85	26.39	0.26 times

Volume is calculated using 10 day average volume

BSE MEL 538834 All indicator, MEL 538834 indicators All technical analysis, MEL 538834 indicators All free charts, MEL 538834 indicators All historical values BSE

Below are charts of BSE MEL 538834 All indicator, MEL 538834 indicators All technical analysis, MEL 538834 indicators All free charts, MEL 538834 indicators All historical values BSE

MEL 538834 ADX indicator technical analysis

ADX is Average Directional Index and is used to measure direction and momentum. ADX is considered as primary indicator by stock market technical analysts

14 day MEL 538834 ADX is: 2, 15, 15 ( ADX, +DY, -DY )

According to ADX indicator, Direction of stock is towards upside

Stock might be losing its momentum in this direction.

Historical values of ADX for MEL 538834 are:

ADX	+DY	-DY
1.8	14.7	14.1
9.1	15.8	13.2
16.4	17	12.2
13.8	17.4	13.2
14.3	18.7	14
10.8	18.5	14.9
11.4	19.4	15.4
7	18.6	16.2
5.3	19	17.1
4.9	19.8	18

ADX charts for MEL are below. Second chart towards right side. Black line is the ADX line. Green line is positive DY and red line is negative DY

MEL 538834 Moving Averages indicator technical analysis

Moving Averages (DMA,SMA,EMA) indicators are used to remove the noise from stock prices and determine the overall trend

20 day MA of MEL is 27.64

50 day MA of MEL is 28.49

100 day MA of MEL is 29.03

According to Moving Averages indicator,

Prices are below 20 day SMA

Prices are below 50 day SMA

Prices are below 100 day SMA

20day SMA is below 50 day SMA

20day SMA is below 100 day SMA

50day SMA is below 100 day SMA

Short term trend of MEL 538834 is downtrend

Historical Moving averages values of MEL 538834 are:

Price	20 day	50 day	100 day
25.80	27.64	28.49	29.03
27.01	27.75	28.49	29.02
27.49	27.83	28.47	28.98
27.43	27.9	28.42	28.95
27.64	27.98	28.37	28.92

Moving averages charts of $comp $sb are below. First chart to the right hand side

MEL 538834 Price Volume technical analysis

Price to volume measure tells if price move is sustainable or not

10 day average volume of MEL 538834 is: 4454.2 M

Current day volume is 1.948 times compared to averaged volume MEL has

Historical price to volume measure of MEL is:

Price	Percent Change	Percent change within day	Volume change
25.80	-4.48%	-6.52%	1.948 times
27.01	-1.75%	-4.46%	2.432 times
27.49	0.22%	-3.17%	0.523 times
27.43	-0.76%	-2.56%	0.895 times
27.64	1.13%	-1.81%	2.985 times
27.33	-0.98%	2.36%	1.422 times
27.60	0.84%	-2.44%	1.212 times
27.37	0.66%	-0.91%	1.312 times
27.19	-0.15%	-1.98%	1.612 times
27.23	-0.15%	3.18%	1.603 times

Price to volume Charts of MEL 538834 are below. First chart at right hand side. White line is price line. Green Bars are volume bars for the day

MEL 538834 Bollinger Bands indicator technical analysis

Bollinger bands technical analysis gives us an idea about how much a stock has been deviating from its 20 day moving average.

20 day Moving average for MEL 538834 is: 27.64 & deviation is 0.76

According to Bollinger Bands indicator, Prices are in the lower bollinger band range

Prices are closer to the lower bollinger band

Bollinger bands appear to be widening

Historical Bollinger Bands for MEL 538834 are:

Price	20 day SMA	Deviation	Upper Band	Lower Band
25.80	27.64	0.76	29.15	26.13
27.01	27.75	0.63	29.01	26.49
27.49	27.83	0.63	29.08	26.58
27.43	27.9	0.66	29.22	26.58
27.64	27.98	0.7	29.38	26.58

Bollinger Bands charts for MEL 538834 are below. First chart in the top left corner. White line is the price line. Blue line is the Moving average. Green and red lines are upper and lower bollinger bands respectively.

MEL 538834 RSI indicator technical analysis

RSI is Relative Strength Index and is used to measure over-bought or over-sold levels for MEL 538834

14 day MEL 538834 RSI is: 54.95

According to RSI indicator, Selling is dominating the stock of MEL 538834

Historical values of RSI indicator for MEL are as follows in descending order:

54.95 57.46 57.44 59.08 58.05 59.06 58.21 59.45 60.83 59.18 57.5 59.22

Please remember that RSI indicator values depend a lot on how many data points have been used for calculation of RSI. At MunafaSutra.com we use at least 200 data points if possible. This is why RSI values in different softwares or websites might differ slightly. Free charts of RSI are below in the bottom left corner, with a maroon background

MEL 538834 MACD indicator technical analysis

MACD is Moving Averages Convergence Divergence and is used to measure trend, momentum and over-bought or over-sold levels for MEL 538834

12,26,9 day MEL 538834 MACD is: 27.26, 27.74, -0.48

According to MACD indicator, Prices of MEL 538834 are moving down

MACD lines have crossed on down side

MACD is in negative zone

MACD lines are showing Convergence, moving close to each other

Historical values of MACD for MEL 538834 are:

27.26, 27.74, -0.48
27.52, 27.89, -0.37
27.61, 27.96, -0.35
27.63, 28, -0.37
27.67, 28.05, -0.38
27.68, 28.08, -0.4
27.74, 28.14, -0.4
27.76, 28.18, -0.42
27.83, 28.25, -0.42
27.95, 28.33, -0.38

MACD charts of MEL 538834 are below. Third chart on the right side is MACD charts. White line is fast MACD line. Black line is slow MACD line.

MEL 538834 CCI indicator technical analysis

CCI is Commodity Channel Index used to measure direction and over-bought or over-sold levels

14 day MEL 538834 CCI is: -236

According to CCI indicator, MEL 538834 is in negative territory which means that selling is dominating the stock

Selling momentum is picking up in MEL

Historical CCI values of MEL 538834 are:

-236 -54 34 6 14 -20 31 -35 -54 -51

CCI charts of MEL 538834 are below. Second charts towards left.

MEL 538834 Stochastics indicator technical analysis

Stochastics is technical indicator used to measure over-bought or over-sold levels along with strength of buying and selling

14 day MEL 538834 Stochastics is: 19

According to Stochastics indicator, Selling is coming in MEL

MEL 538834 is closing near its lowest lows

Historical Stochastics values of MEL 538834 are:

19 19 19 19 19 19 19 19 19 19

MEL 538834 Stochastics charts are below. Third charts to the left, at the bottom