(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 2025-01-06 View latest technical analysis
10 day averaged volume of Mercadolibre Inc is 382143
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon Jan 2025 | 1799.42 | 1851.30 | 1851.30 | 1781.56 | 0.957 times |
| 03 Fri Jan 2025 | 1834.17 | 1800.13 | 1850.00 | 1791.76 | 1.347 times |
| 02 Thu Jan 2025 | 1765.00 | 1715.38 | 1774.00 | 1707.31 | 1.004 times |
| 31 Tue Dec 2024 | 1700.44 | 1721.81 | 1729.28 | 1698.53 | 0.441 times |
| 30 Mon Dec 2024 | 1721.80 | 1702.34 | 1726.00 | 1693.01 | 0.616 times |
| 27 Fri Dec 2024 | 1725.47 | 1734.52 | 1739.54 | 1711.81 | 0.477 times |
| 26 Thu Dec 2024 | 1732.76 | 1743.20 | 1749.98 | 1727.84 | 0.361 times |
| 24 Tue Dec 2024 | 1743.29 | 1730.00 | 1743.78 | 1720.00 | 0.275 times |
| 23 Mon Dec 2024 | 1729.85 | 1725.22 | 1758.32 | 1719.06 | 1.208 times |
| 20 Fri Dec 2024 | 1720.36 | 1651.76 | 1727.17 | 1646.00 | 1.865 times |
My analysis of stock is bullish for shortterm, and stock might move up till 1891 or till 2007. Use a stoploss of 1794.34 and if this stock hits its stoploss, then it can fall down till 1697.68
Share price targets for Mercadolibre Inc (MELI)
| Target Type | Value |
| Downside Target | 1646.00 |
| Downside Target | 1693.01 |
| Downside Target | 1749.91 |
| Upside Target | 1851.30 |
| Upside Target | 1937.28 |
| Upside Target | 1965.77 |
| Upside Target | 1966.00 |
| 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 | 1770.22 |
| Downside Intraday Target | 1741.02 |
| Upside Intraday Target | 1839.96 |
| Upside Intraday Target | 1880.5 |
| Upside Intraday Target | 1810.76 |
Weekly technical analysis of Mercadolibre Inc (MELI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon Jan 2025 | 1799.42 | 1851.30 | 1851.30 | 1781.56 | 0.281 times |
| 03 Fri Jan 2025 | 1834.17 | 1702.34 | 1850.00 | 1693.01 | 1.469 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 |
Price has moved down 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 |
| 06 Mon Jan 2025 | 1799.42 | 1715.38 | 1851.30 | 1707.31 | 0.192 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 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.
Price action analysis of Mercadolibre Inc ( (MELI) ) based on a short 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.
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 BUY. 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mercadolibre Inc in short term but SELL 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 1754.34 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Mercadolibre Inc ( (MELI) ) based on a short 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.
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 BUY. 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Mercadolibre Inc in short term but SELL 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 1754.34 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 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.