(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 2025-01-23 View latest technical analysis
10 day averaged volume of Mercadolibre Inc is 305460
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu Jan 2025 | 1828.73 | 1818.00 | 1834.48 | 1793.00 | 0.877 times |
| 22 Wed Jan 2025 | 1818.49 | 1847.96 | 1885.00 | 1808.02 | 1.319 times |
| 21 Tue Jan 2025 | 1834.51 | 1852.66 | 1863.31 | 1829.12 | 0.86 times |
| 17 Fri Jan 2025 | 1836.00 | 1876.42 | 1876.42 | 1832.91 | 0.802 times |
| 17 Fri Jan 2025 | 1836.00 | 1876.42 | 1876.42 | 1832.91 | 0.802 times |
| 16 Thu Jan 2025 | 1837.18 | 1841.38 | 1851.39 | 1815.06 | 0.792 times |
| 15 Wed Jan 2025 | 1838.15 | 1795.00 | 1843.53 | 1785.03 | 1.192 times |
| 14 Tue Jan 2025 | 1753.61 | 1751.00 | 1776.15 | 1746.44 | 0.787 times |
| 13 Mon Jan 2025 | 1740.00 | 1740.00 | 1749.02 | 1730.14 | 0.978 times |
| 10 Fri Jan 2025 | 1758.77 | 1730.15 | 1780.62 | 1727.41 | 1.194 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1827.6, but if it comes below 1827.6, then a intra day sell could be more profitable.
If you take a sell trade below 1827.6, then use 1827.6 as stoploss and 1780.49 as target. However if you take a buy trade in stock , then use 1827.6 as stoploss and 1884.1 as target.
Share price targets for Mercadolibre Inc (MELI)
| Target Type | Value |
| Downside Target | 1646.00 |
| Downside Target | 1707.31 |
| Upside Target | 1832.91 |
| Upside Target | 1885.00 |
| 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 | 1786.15 |
| Downside Intraday Target | 1743.58 |
| Upside Intraday Target | 1878.15 |
| Upside Intraday Target | 1927.58 |
| Upside Intraday Target | 1835.58 |
Weekly technical analysis of Mercadolibre Inc (MELI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu Jan 2025 | 1828.73 | 1852.66 | 1885.00 | 1793.00 | 3.808 times |
| 17 Fri Jan 2025 | 1836.00 | 1876.42 | 1876.42 | 1832.91 | 0.176 times |
| 17 Fri Jan 2025 | 1836.00 | 1740.00 | 1876.42 | 1730.14 | 1.845 times |
| 10 Fri Jan 2025 | 1758.77 | 1750.00 | 1780.62 | 1727.41 | 0.71 times |
| 08 Wed Jan 2025 | 1739.00 | 1851.30 | 1851.30 | 1731.12 | 0.815 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Mercadolibre Inc (MELI)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 23 Thu Jan 2025 | 1828.73 | 1715.38 | 1885.00 | 1707.31 | 0.801 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 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 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 BUY. 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. Bulls are getting tired and bears 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 SELL signal for Mercadolibre Inc in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 1807.03 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 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 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 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 BUY. 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. Bulls are getting tired and bears 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 SELL signal for Mercadolibre Inc in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 1807.03 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.