(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 2024-12-26 View latest technical analysis
10 day averaged volume of Mercadolibre Inc is 494556
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Thu Dec 2024 | 1732.76 | 1743.20 | 1749.98 | 1727.84 | 0.279 times |
| 24 Tue Dec 2024 | 1743.29 | 1730.00 | 1743.78 | 1720.00 | 0.212 times |
| 23 Mon Dec 2024 | 1729.85 | 1725.22 | 1758.32 | 1719.06 | 0.933 times |
| 20 Fri Dec 2024 | 1720.36 | 1651.76 | 1727.17 | 1646.00 | 1.441 times |
| 19 Thu Dec 2024 | 1666.00 | 1746.97 | 1746.97 | 1662.77 | 1.859 times |
| 18 Wed Dec 2024 | 1716.38 | 1819.50 | 1847.98 | 1701.50 | 1.532 times |
| 17 Tue Dec 2024 | 1809.12 | 1795.00 | 1826.12 | 1780.51 | 1.043 times |
| 16 Mon Dec 2024 | 1796.72 | 1825.99 | 1829.61 | 1793.54 | 1.121 times |
| 13 Fri Dec 2024 | 1823.86 | 1857.00 | 1878.41 | 1813.02 | 0.825 times |
| 12 Thu Dec 2024 | 1870.77 | 1892.16 | 1924.95 | 1870.77 | 0.467 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1735, but if it comes above 1735, then a intra day buy could be more profitable.
If you take a sell trade below 1735, then use 1735 as stoploss and 1574.8 as target. However if you take a buy trade in stock , then use 1735 as stoploss and 1868.57 as target.
Share price targets for Mercadolibre Inc (MELI)
| Target Type | Value |
| Downside Target | 1579.78 |
| Downside Target | 1646.00 |
| Downside Target | 1719.06 |
| Upside Target | 1813.02 |
| Upside Target | 1937.28 |
| Upside Target | 2024.94 |
| Upside Target | 2064.76 |
| Upside Target | 2089.41 |
| Upside Target | 2107.10 |
| Upside Target | 2146.82 |
| Upside Target | 2161.73 |
Intraday share price targets for Mercadolibre Inc (MELI)
| Target Type | Value |
| Downside Intraday Target | 1715.11 |
| Downside Intraday Target | 1697.45 |
| Upside Intraday Target | 1754.37 |
| Upside Intraday Target | 1775.97 |
| Upside Intraday Target | 1736.71 |
Weekly technical analysis of Mercadolibre Inc (MELI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Thu Dec 2024 | 1732.76 | 1725.22 | 1758.32 | 1719.06 | 0.204 times |
| 20 Fri Dec 2024 | 1720.36 | 1825.99 | 1847.98 | 1646.00 | 1.876 times |
| 13 Fri Dec 2024 | 1823.86 | 1941.69 | 1965.77 | 1813.02 | 4.691 times |
| 26 Tue Nov 2024 | 2110.00 | 2094.55 | 2146.82 | 2089.41 | 0.375 times |
| 26 Tue Nov 2024 | 2110.00 | 2034.00 | 2146.82 | 2024.94 | 0.54 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 |
| 26 Thu Dec 2024 | 1732.76 | 1941.69 | 1965.77 | 1646.00 | 0.493 times |
| 26 Tue Nov 2024 | 2110.00 | 2030.44 | 2146.82 | 1749.91 | 1.971 times |
| 31 Thu Oct 2024 | 2037.18 | 2060.00 | 2107.10 | 1937.28 | 1.071 times |
| 30 Mon Sep 2024 | 2051.96 | 2050.00 | 2161.73 | 1966.00 | 0.706 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Mercadolibre Inc stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Mercadolibre Inc in short term and the sell signal is strong.
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 below the red cloud Prices appear to be coming down
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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mercadolibre Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1745.46 and Mercadolibre Inc (MELI) stock is trading below this level. This means that stock is falling with high volumes. 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Mercadolibre Inc stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Mercadolibre Inc in short term and the sell signal is strong.
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 below the red cloud Prices appear to be coming down
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
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mercadolibre Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1745.46 and Mercadolibre Inc (MELI) stock is trading below this level. This means that stock is falling with high volumes. 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.