(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 2025-01-02 View latest technical analysis
10 day averaged volume of Mercadolibre Inc is 419645
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Thu Jan 2025 | 1765.00 | 1715.38 | 1774.00 | 1707.31 | 0.915 times |
| 31 Tue Dec 2024 | 1700.44 | 1721.81 | 1729.28 | 1698.53 | 0.401 times |
| 30 Mon Dec 2024 | 1721.80 | 1702.34 | 1726.00 | 1693.01 | 0.561 times |
| 27 Fri Dec 2024 | 1725.47 | 1734.52 | 1739.54 | 1711.81 | 0.435 times |
| 26 Thu Dec 2024 | 1732.76 | 1743.20 | 1749.98 | 1727.84 | 0.328 times |
| 24 Tue Dec 2024 | 1743.29 | 1730.00 | 1743.78 | 1720.00 | 0.25 times |
| 23 Mon Dec 2024 | 1729.85 | 1725.22 | 1758.32 | 1719.06 | 1.1 times |
| 20 Fri Dec 2024 | 1720.36 | 1651.76 | 1727.17 | 1646.00 | 1.699 times |
| 19 Thu Dec 2024 | 1666.00 | 1746.97 | 1746.97 | 1662.77 | 2.191 times |
| 18 Wed Dec 2024 | 1716.38 | 1819.50 | 1847.98 | 1701.50 | 1.806 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1688.7 or till 1527.3. Use a stoploss of 1823.16 and if the stock hits stoploss, then it can shoot up till 1957.64
Share price targets for Mercadolibre Inc (MELI)
| Target Type | Value |
| Downside Target | 1646.00 |
| Downside Target | 1693.01 |
| Downside Target | 1749.91 |
| Upside Target | 1813.02 |
| Upside Target | 1937.28 |
| Upside Target | 1965.77 |
| Upside Target | 1966.00 |
| 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 | 1714.01 |
| Downside Intraday Target | 1663.01 |
| Upside Intraday Target | 1795 |
| Upside Intraday Target | 1824.99 |
| Downside Intraday Target | 1744 |
Weekly technical analysis of Mercadolibre Inc (MELI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Thu Jan 2025 | 1765.00 | 1702.34 | 1774.00 | 1693.01 | 0.888 times |
| 27 Fri Dec 2024 | 1725.47 | 1725.22 | 1758.32 | 1711.81 | 0.256 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 |
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 |
| 02 Thu Jan 2025 | 1765.00 | 1715.38 | 1774.00 | 1707.31 | 0.058 times |
| 31 Tue Dec 2024 | 1700.44 | 1941.69 | 1965.77 | 1646.00 | 0.541 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 |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mercadolibre Inc ( (MELI) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Strong 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 below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mercadolibre Inc in short term and BUY signal is strong.
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 1713.11 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mercadolibre Inc ( (MELI) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Strong 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 below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mercadolibre Inc in short term and BUY signal is strong.
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 1713.11 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.