(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 2024-10-25 View latest technical analysis
10 day averaged volume of Mercadolibre Inc is 223640
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Fri Oct 2024 | 2047.35 | 2053.99 | 2092.52 | 2044.94 | 0.972 times |
| 24 Thu Oct 2024 | 2055.93 | 2038.70 | 2063.99 | 2029.88 | 0.585 times |
| 23 Wed Oct 2024 | 2038.70 | 2062.29 | 2075.24 | 2028.42 | 0.733 times |
| 22 Tue Oct 2024 | 2067.82 | 2077.92 | 2090.01 | 2061.02 | 0.843 times |
| 21 Mon Oct 2024 | 2100.58 | 2065.00 | 2102.98 | 2065.00 | 0.972 times |
| 18 Fri Oct 2024 | 2079.79 | 2065.87 | 2088.33 | 2046.67 | 1.028 times |
| 17 Thu Oct 2024 | 2065.87 | 2066.85 | 2079.94 | 2046.03 | 0.893 times |
| 16 Wed Oct 2024 | 2046.47 | 2029.32 | 2063.97 | 2029.32 | 1.03 times |
| 15 Tue Oct 2024 | 2033.62 | 2075.48 | 2082.99 | 2018.39 | 1.479 times |
| 14 Mon Oct 2024 | 2079.96 | 2091.82 | 2105.04 | 2073.41 | 0.902 times |
My analysis of stock is bullish for shortterm, and stock might move up till 2081.8 or till 2133. Use a stoploss of 2039.06 and if this stock hits its stoploss, then it can fall down till 1996.36
Share price targets for Mercadolibre Inc (MELI)
| Target Type | Value |
| Downside Target | 1550.00 |
| Downside Target | 1723.28 |
| Downside Target | 1764.50 |
| Downside Target | 1937.28 |
| Downside Target | 2018.39 |
| Upside Target | 2067.72 |
| Upside Target | 2102.98 |
| Upside Target | 2105.04 |
| Upside Target | 2107.10 |
| Upside Target | 2161.73 |
Intraday share price targets for Mercadolibre Inc (MELI)
| Target Type | Value |
| Downside Intraday Target | 2016.19 |
| Downside Intraday Target | 1985.02 |
| Upside Intraday Target | 2090.75 |
| Upside Intraday Target | 2134.14 |
| Upside Intraday Target | 2059.58 |
Weekly technical analysis of Mercadolibre Inc (MELI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Fri Oct 2024 | 2047.35 | 2065.00 | 2102.98 | 2028.42 | 0.77 times |
| 18 Fri Oct 2024 | 2079.79 | 2091.82 | 2105.04 | 2018.39 | 0.892 times |
| 11 Fri Oct 2024 | 2091.16 | 1961.00 | 2107.10 | 1951.01 | 0.734 times |
| 04 Fri Oct 2024 | 1960.00 | 2055.30 | 2067.72 | 1937.28 | 1.288 times |
| 27 Fri Sep 2024 | 2064.71 | 2117.83 | 2161.73 | 2055.52 | 0.977 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 |
| 25 Fri Oct 2024 | 2047.35 | 2060.00 | 2107.10 | 1937.28 | 0.843 times |
| 30 Mon Sep 2024 | 2051.96 | 2050.00 | 2161.73 | 1966.00 | 0.706 times |
| 30 Fri Aug 2024 | 2061.66 | 1675.49 | 2064.76 | 1579.78 | 1.285 times |
| 31 Wed Jul 2024 | 1668.90 | 1635.61 | 1764.50 | 1563.21 | 1.127 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 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 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 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Mercadolibre Inc in short term but the sell signal is initial and weak.
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 in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Mercadolibre Inc in short term but BUY signal is weak.
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 2060.68 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 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 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 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 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 Weak and stock is gaining momentum.
MACD generated a SELL signal for Mercadolibre Inc in short term but the sell signal is initial and weak.
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 in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Mercadolibre Inc in short term but BUY signal is weak.
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 2060.68 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.