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Mercadolibre (MELI)
NASDAQ:MELI

Mercadolibre (MELI) Technical Analysis

7,304 Followers

Technical Sentiment

Overall Consensus
Buy
14Bullish
3Neutral
5Bearish
Technical Analysis Consensus
Sell
2Bullish
3Neutral
5Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Mercadolibre’s (MELI) Moving Averages Convergence Divergence (MACD) indicator is 69.85, suggesting Mercadolibre is a Sell.
Mercadolibre’s (MELI) 20-Day exponential moving average is 1616.99, while Mercadolibre’s (MELI) share price is $1,749.17, making it a Buy.
Mercadolibre’s (MELI) 50-Day exponential moving average is 1567.92, while Mercadolibre’s (MELI) share price is $1,749.17, making it a Buy.

Mercadolibre (MELI) Pivot Points

May 18, 2024, 07:18 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
1,691.56
1,706.28
1,722.72
1,737.44
1,753.88
1,768.60
1,785.04
Fibonacci
1,706.28
1,718.19
1,725.54
1,737.44
1,749.35
1,756.70
1,768.60
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Mercadolibre (MELI) Moving Averages

May 18, 2024, 07:18 PM
Period
Simple
Exponential
MA5
1,713.61Buy
1,720.93Buy
MA10
1,701.68Buy
1,681.29Buy
MA20
1,570.50Buy
1,616.99Buy
MA50
1,526.43Buy
1,567.92Buy
MA100
1,594.56Buy
1,549.39Buy
MA200
1,482.82Buy
1,454.18Buy
Mercadolibre’s (MELI) 10-Day exponential moving average is 1681.29, while Mercadolibre’s (MELI) share price is $1,749.17, making it a Buy.
Mercadolibre’s (MELI) 100-Day exponential moving average is 1549.39, while Mercadolibre’s (MELI) share price is $1,749.17, making it a Buy.
Mercadolibre’s (MELI) stock price is $1,749.17 and Mercadolibre’s (MELI) 50-day simple moving average is 1526.43, creating a Buy signal.
Mercadolibre’s (MELI) stock price is $1,749.17 and Mercadolibre’s (MELI) 100-day simple moving average is 1594.56, creating a Buy signal.
Mercadolibre’s (MELI) stock price is $1,749.17 and Mercadolibre’s (MELI) 200-day simple moving average is 1482.82, creating a Buy signal.

Mercadolibre (MELI) Technical Indicators

May 18, 2024, 07:18 PM
Name
Value
Implied Action
RSI (14)
74.89
Sell
STOCH (9,6)
91.70
Sell
STOCHRSI (14)
97.18
Sell
MACD (12,26)
69.85
Sell
ADX (14)
37.85
Neutral
Williams %R
-0.93
Sell
CCI (14)
83.40
Neutral
ATR (14)
47.81
-
Ultimate Oscillator
56.30
Neutral
ROC
21.61
Buy
Mercadolibre’s (MELI) Relative Strength Index (RSI) is 74.89, creating a Sell signal.
Mercadolibre’s (MELI) Trend Strength Indicator (ADX) is 37.85, creating a Neutral signal.
Mercadolibre’s (MELI) Commodity Channel Index (CCI) is 83.40, creating a Neutral signal.
Mercadolibre’s (MELI) Price Rate of Change (ROC) is 21.61, creating a Buy signal.

FAQ

Is MELI a Buy, Hold, or Sell?
Based on MELI’s technical indicators, MELI is a Buy.
    What is MELI’s RSI (14)?
    MELI’s RSI (14) is 74.89, which suggests MELI is a Sell.
      What is MELI’s MACD?
      MELI’s MACD is 69.85, which suggests MELI is a Sell.
        What is MELI’s 5-day moving average?
        MELI’s 5-day moving average is 1713.61, which suggests MELI is a Buy.
          What is MELI’s 20-day moving average?
          MELI 20-day moving average is 1570.50, which suggests MELI is a Buy.
            What is MELI’s 50-day moving average?
            MELI’s 50-day moving average is 1526.43, which suggests MELI is a Buy.
              What is MELI’s 200-day moving average?
              MELI’s 200-day moving average is 1482.82, which suggests MELI is a Buy.
                What is MELI’s Williams % R (14)?
                MELI’s Williams % R (14) is -0.93, which suggests MELI is a Sell.
                  What is MELI’s CCI (14)?
                  MELI’s CCI (14) is 83.40, which suggests MELI is a Neutral.
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