(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 2025-01-08 View latest technical analysis
10 day averaged volume of Mercadolibre Inc is 278948
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed Jan 2025 | 1739.00 | 1750.00 | 1761.00 | 1731.12 | 1.393 times |
| 08 Wed Jan 2025 | 1739.00 | 1750.00 | 1761.00 | 1731.12 | 1.393 times |
| 07 Tue Jan 2025 | 1771.22 | 1799.01 | 1805.88 | 1762.78 | 1.102 times |
| 06 Mon Jan 2025 | 1799.42 | 1851.30 | 1851.30 | 1781.56 | 1.311 times |
| 03 Fri Jan 2025 | 1834.17 | 1800.13 | 1850.00 | 1791.76 | 1.845 times |
| 02 Thu Jan 2025 | 1765.00 | 1715.38 | 1774.00 | 1707.31 | 1.376 times |
| 31 Tue Dec 2024 | 1700.44 | 1721.81 | 1729.28 | 1698.53 | 0.604 times |
| 30 Mon Dec 2024 | 1721.80 | 1702.34 | 1726.00 | 1693.01 | 0.844 times |
| 27 Fri Dec 2024 | 1725.47 | 1734.52 | 1739.54 | 1711.81 | 0.654 times |
| 26 Thu Dec 2024 | 1732.76 | 1743.20 | 1749.98 | 1727.84 | 0.494 times |
My analysis of stock is bearish for shortterm, and stock might move down till 1707.2 or till 1637.7. Use a stoploss of 1765.13 and if the stock hits stoploss, then it can shoot up till 1823.06
Share price targets for Mercadolibre Inc (MELI)
| Target Type | Value |
| Downside Target | 1646.00 |
| Downside Target | 1693.01 |
| Upside Target | 1847.98 |
| 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 | 1726.41 |
| Downside Intraday Target | 1713.83 |
| Upside Intraday Target | 1756.29 |
| Upside Intraday Target | 1773.59 |
| Upside Intraday Target | 1743.71 |
Weekly technical analysis of Mercadolibre Inc (MELI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed Jan 2025 | 1739.00 | 1750.00 | 1761.00 | 1731.12 | 0.366 times |
| 08 Wed Jan 2025 | 1739.00 | 1851.30 | 1851.30 | 1731.12 | 0.815 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 |
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 |
| 08 Wed Jan 2025 | 1739.00 | 1715.38 | 1851.30 | 1707.31 | 0.356 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Mercadolibre Inc ( (MELI) ) based on a short to mid 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 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 coming down
CCI has generated a SELL signal for Mercadolibre Inc in short term
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 1764.08 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Mercadolibre Inc ( (MELI) ) based on a short to mid 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 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 coming down
CCI has generated a SELL signal for Mercadolibre Inc in short term
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 1764.08 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.