(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 2024-04-30 View latest technical analysis
10 day averaged volume of Mercadolibre Inc is 366150
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Tue Apr 2024 | 1458.70 | 1438.36 | 1485.24 | 1433.02 | 1.496 times |
| 29 Mon Apr 2024 | 1438.36 | 1430.00 | 1446.44 | 1419.86 | 0.913 times |
| 26 Fri Apr 2024 | 1406.00 | 1380.00 | 1416.76 | 1376.69 | 1.211 times |
| 25 Thu Apr 2024 | 1363.83 | 1350.00 | 1369.08 | 1341.00 | 0.577 times |
| 24 Wed Apr 2024 | 1370.00 | 1384.87 | 1399.70 | 1360.00 | 0.823 times |
| 23 Tue Apr 2024 | 1395.00 | 1390.00 | 1408.18 | 1367.28 | 1.142 times |
| 22 Mon Apr 2024 | 1368.23 | 1364.22 | 1370.34 | 1324.99 | 1.063 times |
| 19 Fri Apr 2024 | 1356.43 | 1379.13 | 1379.13 | 1344.31 | 0.981 times |
| 18 Thu Apr 2024 | 1370.25 | 1388.95 | 1398.89 | 1366.93 | 1.069 times |
| 17 Wed Apr 2024 | 1397.86 | 1404.40 | 1414.19 | 1389.00 | 1.225 times |
My analysis of stock is bullish for shortterm, and stock might move up till 1485.2 or till 1548.6. Use a stoploss of 1432.31 and if this stock hits its stoploss, then it can fall down till 1379.44
Share price targets for Mercadolibre Inc (MELI)
| Target Type | Value |
| Downside Target | 1324.99 |
| Downside Target | 1416.76 |
| Upside Target | 1480.04 |
| Upside Target | 1540.98 |
| Upside Target | 1564.21 |
| Upside Target | 1577.00 |
| Upside Target | 1614.90 |
| Upside Target | 1660.00 |
| Upside Target | 1800.09 |
| Upside Target | 1825.00 |
Intraday share price targets for Mercadolibre Inc (MELI)
| Target Type | Value |
| Downside Intraday Target | 1423.96 |
| Downside Intraday Target | 1389.22 |
| Upside Intraday Target | 1489.34 |
| Upside Intraday Target | 1519.98 |
| Downside Intraday Target | 1454.6 |
Weekly technical analysis of Mercadolibre Inc (MELI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Tue Apr 2024 | 1458.70 | 1430.00 | 1485.24 | 1419.86 | 0.5 times |
| 26 Fri Apr 2024 | 1406.00 | 1364.22 | 1416.76 | 1324.99 | 0.805 times |
| 19 Fri Apr 2024 | 1356.43 | 1466.39 | 1495.30 | 1344.31 | 1.401 times |
| 12 Fri Apr 2024 | 1444.14 | 1513.25 | 1517.14 | 1442.89 | 1.199 times |
| 05 Fri Apr 2024 | 1501.72 | 1527.25 | 1540.98 | 1486.03 | 1.137 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 |
| 30 Tue Apr 2024 | 1458.70 | 1527.25 | 1540.98 | 1324.99 | 1.013 times |
| 28 Thu Mar 2024 | 1511.96 | 1605.06 | 1614.90 | 1480.04 | 0.815 times |
| 29 Thu Feb 2024 | 1595.30 | 1751.83 | 1825.00 | 1577.00 | 1.183 times |
| 31 Wed Jan 2024 | 1711.81 | 1562.61 | 1800.09 | 1483.64 | 1.136 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 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 gaining 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 in or above 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 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 1396.94 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 gaining 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 in or above 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 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 1396.94 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.