MEL (BME)

MEL BME

Melia Hotels International

STAY IN CASH

6.7800

Prev.Close

6.7750

Change

+0.0050

Change%

+0.07%

BULLISH HOMING PIGEON

Sold at

7.2950

Open

6.8000

High

6.8400

Low

6.7600

6.7800

Gain%

-7.06%

Signal History

Date	Price	Signal	Change%		€100⇨
03/01	7.2950	SELL	-7.1%	✔	123
05/12	6.9000	BUY	+5.7%	✔	117
26/11	6.9000	SELL	0.0%	❌	117
07/10	6.5300	BUY	+5.7%	✔	111
30/09	6.5640	SELL	-0.5%	✔	111
24/09	6.6210	BUY	-0.9%	❌	112
18/09	6.4750	SELL	+2.3%	❌	112
09/09	6.4500	BUY	+0.4%	✔	112
03/09	6.4650	SELL	-0.2%	✔	112
23/08	6.4600	BUY	+0.1%	✔	112
20/08	6.3000	SHORT	+2.5%	❌	115
15/08	6.2490	BUY	+0.8%	✔	115
17/07	7.3865	SHORT	-15.4%	✔	100

† Trade commissions are taken as 0.15%.

Pattern & Confirmation Chart for the Last 6 Months

Signal Update

Our system’s recommendation today is to STAY IN CASH. The previous SELL signal was issued on 03/01/2025, 14 days ago, when the stock price was 7.2950. Since then MEL has fallen by -7.06%.

Market Outlook

The market is finally giving hints of a bullish resurgence. Today a bullish pattern is detected. Based on this pattern, in response to emerging market bullishness the system established new confirmation and stop loss levels. The signal tells us to STAY IN CASH, but the chance of a bullish confirmation that will change the signal to BUY is quite high. The Delayed Intraday Module is ON. We strongly suggest you to follow the price action on an intraday basis in order to profit most from the early phase of a possible bull run.

Pattern Description

This pattern is a small black body contained by a prior relatively long black body. It resembles the Harami pattern, except that both bodies are black. more...

Date	Price	Signal	Change%		€100⇨
03/01	7.2950	SELL	-7.1%	✔	153
05/12	6.9000	BUY	+5.7%	✔	145
26/11	6.9000	SELL	0.0%	❌	145
07/10	6.5300	BUY	+5.7%	✔	137
30/09	6.5640	SELL	-0.5%	✔	137
24/09	6.6210	BUY	-0.9%	❌	139
18/09	6.4750	SELL	+2.3%	❌	139
09/09	6.4500	BUY	+0.4%	✔	139
03/09	6.4650	SELL	-0.2%	✔	139
23/08	6.4600	BUY	+0.1%	✔	139
20/08	6.3000	SHORT	+2.5%	❌	143
15/08	6.2490	BUY	+0.8%	✔	142
17/07	7.3865	SHORT	-15.4%	✔	124
12/07	7.3975	BUY	-0.1%	❌	124
09/07	7.5230	SHORT	-1.7%	✔	123
01/07	7.7100	BUY	-2.4%	❌	126
27/06	7.5830	SHORT	+1.7%	❌	129
24/06	7.6200	BUY	-0.5%	❌	130
10/06	7.7900	SELL	-2.2%	✔	130
31/05	7.8980	BUY	-1.4%	❌	132
29/05	7.6500	SHORT	+3.2%	❌	137
20/05	7.9100	BUY	-3.3%	❌	142
16/05	7.7000	SELL	+2.7%	❌	142
10/05	7.7450	BUY	-0.6%	❌	143
30/04	7.3290	SELL	+5.7%	❌	143
23/04	7.3015	BUY	+0.4%	✔	143
09/04	7.2500	SELL	+0.7%	❌	143
04/04	7.4100	BUY	-2.2%	❌	146
02/04	7.3400	SELL	+1.0%	❌	147
22/03	7.1590	BUY	+2.5%	✔	143
15/03	6.8320	SELL	+4.8%	❌	143
20/02	6.1900	BUY	+10.4%	✔ 👍	130
16/02	6.1610	SHORT	+0.5%	❌	131
06/02	6.3340	BUY	-2.7%	❌	135
29/01	6.2650	SELL	+1.1%	❌	135
18/01	5.9470	BUY	+5.3%	✔	129
15/01	5.8550	SHORT	+1.6%	❌	131
05/01	5.8850	BUY	-0.5%	❌	132
22/12	6.0900	SELL	-3.4%	✔	132
01/12	5.6910	BUY	+7.0%	✔	124