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Mercadolibre (MELI)
NASDAQ:MELI
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Mercadolibre (MELI) Technical Analysis

8,605 Followers

Technical Sentiment

Overall Consensus
Sell
8Bullish
2Neutral
12Bearish
Technical Analysis Consensus
Buy
6Bullish
2Neutral
2Bearish
Moving Average Consensus
Strong Sell
2Bullish
0Neutral
10Bearish
Mercadolibre’s (MELI) Moving Averages Convergence Divergence (MACD) indicator is -34.58, suggesting Mercadolibre is a Buy.
Mercadolibre’s (MELI) 20-Day exponential moving average is 1935.16, while Mercadolibre’s (MELI) share price is $1,796.72, making it a Sell.
Mercadolibre’s (MELI) 50-Day exponential moving average is 1965.50, while Mercadolibre’s (MELI) share price is $1,796.72, making it a Sell.

Mercadolibre (MELI) Pivot Points

Dec 21, 2024, 09:45 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
1,798.53
1,834.65
1,852.71
1,888.83
1,906.89
1,943.01
1,961.07
Fibonacci
1,834.65
1,855.35
1,868.13
1,888.83
1,909.53
1,922.31
1,943.01
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

Dec 21, 2024, 09:45 PM
Period
Simple
Exponential
MA5
1,863.20Sell
1,871.32Sell
MA10
1,911.75Sell
1,903.44Sell
MA20
1,948.72Sell
1,935.16Sell
MA50
1,991.32Sell
1,965.50Sell
MA100
1,975.90Sell
1,935.12Sell
MA200
1,781.41Buy
1,812.44Buy
Mercadolibre’s (MELI) 10-Day exponential moving average is 1903.44, while Mercadolibre’s (MELI) share price is $1,796.72, making it a Sell.
Mercadolibre’s (MELI) 100-Day exponential moving average is 1935.12, while Mercadolibre’s (MELI) share price is $1,796.72, making it a Sell.
Mercadolibre’s (MELI) stock price is $1,796.72 and Mercadolibre’s (MELI) 50-day simple moving average is 1991.32, creating a Sell signal.
Mercadolibre’s (MELI) stock price is $1,796.72 and Mercadolibre’s (MELI) 100-day simple moving average is 1975.90, creating a Sell signal.
Mercadolibre’s (MELI) stock price is $1,796.72 and Mercadolibre’s (MELI) 200-day simple moving average is 1781.41, creating a Buy signal.

Mercadolibre (MELI) Technical Indicators

Dec 21, 2024, 09:45 PM
Name
Value
Implied Action
RSI (14)
38.41
Neutral
STOCH (9,6)
19.56
Buy
STOCHRSI (14)
10.71
Buy
MACD (12,26)
-34.58
Buy
ADX (14)
16.46
Buy
Williams %R
-96.75
Buy
CCI (14)
-127.14
Buy
ATR (14)
63.66
-
Ultimate Oscillator
31.81
Neutral
ROC
-9.03
Sell
Mercadolibre’s (MELI) Relative Strength Index (RSI) is 38.41, creating a Neutral signal.
Mercadolibre’s (MELI) Trend Strength Indicator (ADX) is 16.46, creating a Buy signal.
Mercadolibre’s (MELI) Commodity Channel Index (CCI) is -127.14, creating a Buy signal.
Mercadolibre’s (MELI) Price Rate of Change (ROC) is -9.03, creating a Sell signal.

FAQ

Is MELI a Buy, Hold, or Sell?
Based on MELI’s technical indicators, MELI is a Sell.
    What is MELI’s RSI (14)?
    MELI’s RSI (14) is 38.41, which suggests MELI is a Neutral.
      What is MELI’s MACD?
      MELI’s MACD is -34.58, which suggests MELI is a Buy.
        What is MELI’s 5-day moving average?
        MELI’s 5-day moving average is 1863.20, which suggests MELI is a Sell.
          What is MELI’s 20-day moving average?
          MELI 20-day moving average is 1948.72, which suggests MELI is a Sell.
            What is MELI’s 50-day moving average?
            MELI’s 50-day moving average is 1991.32, which suggests MELI is a Sell.
              What is MELI’s 200-day moving average?
              MELI’s 200-day moving average is 1781.41, which suggests MELI is a Buy.
                What is MELI’s Williams % R (14)?
                MELI’s Williams % R (14) is -96.75, which suggests MELI is a Buy.
                  What is MELI’s CCI (14)?
                  MELI’s CCI (14) is -127.14, which suggests MELI is a Buy.
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