(MELI) Mercadolibre Inc complete technical analysis [charts+indicators] | Buy/Sell Mercadolibre Inc | (MELI) share price targets
Complete technical analysis of Mercadolibre Inc (MELI) by charts plus indicators, forecast predictions and share price targets for Mercadolibre Inc (MELI)
Mercadolibre Inc trades in USA in Miscellaneous sector.
Showing technical analysis as on 2024-04-01 View latest technical analysis
10 day averaged volume of Mercadolibre Inc is 346460
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Mon Apr 2024 | 1528.95 | 1527.25 | 1540.98 | 1518.76 | 0.943 times |
| 28 Thu Mar 2024 | 1511.96 | 1522.65 | 1534.14 | 1509.34 | 0.756 times |
| 27 Wed Mar 2024 | 1522.65 | 1552.80 | 1552.80 | 1503.05 | 0.832 times |
| 26 Tue Mar 2024 | 1537.46 | 1558.01 | 1564.00 | 1532.68 | 0.945 times |
| 25 Mon Mar 2024 | 1550.07 | 1568.05 | 1569.91 | 1533.78 | 0.777 times |
| 22 Fri Mar 2024 | 1571.99 | 1557.30 | 1577.01 | 1537.86 | 0.769 times |
| 21 Thu Mar 2024 | 1555.69 | 1538.07 | 1581.00 | 1538.07 | 1.437 times |
| 20 Wed Mar 2024 | 1528.84 | 1524.32 | 1534.26 | 1495.65 | 0.937 times |
| 19 Tue Mar 2024 | 1519.44 | 1502.76 | 1523.45 | 1480.04 | 0.854 times |
| 18 Mon Mar 2024 | 1509.05 | 1524.81 | 1529.61 | 1500.79 | 0.869 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1515.5 or till 1492.3. Use a stoploss of 1534.79 and if the stock hits stoploss, then it can shoot up till 1554.11
Share price targets for Mercadolibre Inc (MELI)
| Target Type | Value |
| Downside Target | 1480.04 |
| Upside Target | 1569.91 |
| Upside Target | 1577.00 |
| Upside Target | 1581.00 |
| Upside Target | 1583.49 |
| Upside Target | 1612.34 |
| Upside Target | 1614.90 |
| Upside Target | 1660.00 |
| Upside Target | 1800.09 |
| Upside Target | 1825.00 |
Intraday share price targets for Mercadolibre Inc (MELI)
| Target Type | Value |
| Downside Intraday Target | 1518.15 |
| Downside Intraday Target | 1507.34 |
| Upside Intraday Target | 1540.37 |
| Upside Intraday Target | 1551.78 |
| Upside Intraday Target | 1529.56 |
Weekly technical analysis of Mercadolibre Inc (MELI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Mon Apr 2024 | 1528.95 | 1527.25 | 1540.98 | 1518.76 | 0.285 times |
| 28 Thu Mar 2024 | 1511.96 | 1568.05 | 1569.91 | 1503.05 | 0.68 times |
| 22 Fri Mar 2024 | 1571.99 | 1524.81 | 1581.00 | 1480.04 | 0.858 times |
| 15 Fri Mar 2024 | 1499.51 | 1525.65 | 1583.49 | 1496.41 | 0.811 times |
| 08 Fri Mar 2024 | 1512.50 | 1611.11 | 1612.34 | 1504.22 | 1.036 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Mercadolibre Inc (MELI)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Mon Apr 2024 | 1528.95 | 1527.25 | 1540.98 | 1518.76 | 0.043 times |
| 28 Thu Mar 2024 | 1511.96 | 1605.06 | 1614.90 | 1480.04 | 0.815 times |
| 29 Thu Feb 2024 | 1595.30 | 1751.83 | 1825.00 | 1577.00 | 1.183 times |
| 31 Wed Jan 2024 | 1711.81 | 1562.61 | 1800.09 | 1483.64 | 1.136 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Mercadolibre Inc (MELI)
Price action analysis of Mercadolibre Inc ( (MELI) ) based on a short 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 Mercadolibre Inc ( (MELI) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Mercadolibre Inc ( (MELI) ) 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 Mercadolibre Inc ( (MELI) ) 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 Mercadolibre Inc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Mercadolibre Inc 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.
Mercadolibre Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mercadolibre Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Mercadolibre Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1534.69 and Mercadolibre Inc (MELI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Mercadolibre Inc (MELI) stock. Volume based technical analysis of Mercadolibre Inc (MELI) stock is negative.
Mercadolibre Inc 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.
Price action analysis of Mercadolibre Inc ( (MELI) ) based on a short 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 Mercadolibre Inc ( (MELI) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Mercadolibre Inc ( (MELI) ) 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 Mercadolibre Inc ( (MELI) ) 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 Mercadolibre Inc stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Mercadolibre Inc 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.
Mercadolibre Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mercadolibre Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Mercadolibre Inc is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1534.69 and Mercadolibre Inc (MELI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Mercadolibre Inc (MELI) stock. Volume based technical analysis of Mercadolibre Inc (MELI) stock is negative.
Mercadolibre Inc 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.