(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 2024-04-11 View latest technical analysis
10 day averaged volume of Mercadolibre Inc is 259270
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Thu Apr 2024 | 1507.56 | 1486.00 | 1509.02 | 1479.00 | 1.106 times |
| 10 Wed Apr 2024 | 1478.00 | 1474.85 | 1491.86 | 1463.49 | 0.971 times |
| 09 Tue Apr 2024 | 1495.01 | 1492.37 | 1503.00 | 1478.62 | 0.985 times |
| 08 Mon Apr 2024 | 1488.58 | 1513.25 | 1513.98 | 1488.00 | 0.889 times |
| 05 Fri Apr 2024 | 1501.72 | 1495.13 | 1507.00 | 1486.03 | 1.125 times |
| 04 Thu Apr 2024 | 1487.81 | 1524.12 | 1531.15 | 1486.54 | 0.973 times |
| 03 Wed Apr 2024 | 1504.98 | 1500.20 | 1521.15 | 1492.30 | 0.794 times |
| 02 Tue Apr 2024 | 1512.51 | 1504.21 | 1516.32 | 1490.10 | 0.88 times |
| 01 Mon Apr 2024 | 1528.95 | 1527.25 | 1540.98 | 1518.76 | 1.26 times |
| 28 Thu Mar 2024 | 1511.96 | 1522.65 | 1534.14 | 1509.34 | 1.011 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1493.3 or till 1463. Use a stoploss of 1518.65 and if the stock hits stoploss, then it can shoot up till 1543.95
Share price targets for Mercadolibre Inc (MELI)
| Target Type | Value |
| Downside Target | 1463.49 |
| Upside Target | 1564.21 |
| Upside Target | 1569.91 |
| Upside Target | 1577.00 |
| Upside Target | 1581.00 |
| Upside Target | 1583.49 |
| 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 | 1476.04 |
| Downside Intraday Target | 1444.52 |
| Upside Intraday Target | 1526.53 |
| Upside Intraday Target | 1545.5 |
| Downside Intraday Target | 1495.01 |
Weekly technical analysis of Mercadolibre Inc (MELI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Thu Apr 2024 | 1507.56 | 1513.25 | 1513.98 | 1463.49 | 0.785 times |
| 05 Fri Apr 2024 | 1501.72 | 1527.25 | 1540.98 | 1486.03 | 1.137 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 |
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 |
| 11 Thu Apr 2024 | 1507.56 | 1527.25 | 1540.98 | 1463.49 | 0.306 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 down 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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above 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 but selling is losing 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 1502.55 and Mercadolibre Inc (MELI) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
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 has given negative 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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above 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 but selling is losing 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 1502.55 and Mercadolibre Inc (MELI) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
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 has given negative 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.