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Mercadolibre (MELI)
NASDAQ:MELI

Mercadolibre (MELI) Technical Analysis

6,956 Followers

Technical Sentiment

Overall Consensus
Sell
3Bullish
6Neutral
13Bearish
Technical Analysis Consensus
Sell
1Bullish
6Neutral
3Bearish
Moving Average Consensus
Strong Sell
2Bullish
0Neutral
10Bearish
Mercadolibre’s (MELI) Moving Averages Convergence Divergence (MACD) indicator is -29.59, suggesting Mercadolibre is a Sell.
Mercadolibre’s (MELI) 20-Day exponential moving average is 1555.82, while Mercadolibre’s (MELI) share price is $1,511.96, making it a Sell.
Mercadolibre’s (MELI) 50-Day exponential moving average is 1590.80, while Mercadolibre’s (MELI) share price is $1,511.96, making it a Sell.

Mercadolibre (MELI) Pivot Points

Apr 30, 2024, 08:30 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
1,449.78
1,476.42
1,499.53
1,526.17
1,549.28
1,575.92
1,599.03
Fibonacci
1,476.42
1,495.42
1,507.16
1,526.17
1,545.17
1,556.91
1,575.92
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Mercadolibre (MELI) Moving Averages

Apr 30, 2024, 08:30 PM
Period
Simple
Exponential
MA5
1,538.83Sell
1,528.91Sell
MA10
1,530.67Sell
1,535.67Sell
MA20
1,538.98Sell
1,555.82Sell
MA50
1,648.90Sell
1,590.80Sell
MA100
1,596.75Sell
1,560.02Sell
MA200
1,424.21Buy
1,449.79Buy
Mercadolibre’s (MELI) 10-Day exponential moving average is 1535.67, while Mercadolibre’s (MELI) share price is $1,511.96, making it a Sell.
Mercadolibre’s (MELI) 100-Day exponential moving average is 1560.02, while Mercadolibre’s (MELI) share price is $1,511.96, making it a Sell.
Mercadolibre’s (MELI) stock price is $1,511.96 and Mercadolibre’s (MELI) 50-day simple moving average is 1648.90, creating a Sell signal.
Mercadolibre’s (MELI) stock price is $1,511.96 and Mercadolibre’s (MELI) 100-day simple moving average is 1596.75, creating a Sell signal.
Mercadolibre’s (MELI) stock price is $1,511.96 and Mercadolibre’s (MELI) 200-day simple moving average is 1424.21, creating a Buy signal.

Mercadolibre (MELI) Technical Indicators

Apr 30, 2024, 08:30 PM
Name
Value
Implied Action
RSI (14)
39.26
Neutral
STOCH (9,6)
43.11
Neutral
STOCHRSI (14)
42.52
Neutral
MACD (12,26)
-29.59
Sell
ADX (14)
20.89
Neutral
Williams %R
-69.14
Buy
CCI (14)
-78.50
Neutral
ATR (14)
44.28
-
Ultimate Oscillator
48.41
Neutral
ROC
-0.04
Sell
Mercadolibre’s (MELI) Relative Strength Index (RSI) is 39.26, creating a Neutral signal.
Mercadolibre’s (MELI) Trend Strength Indicator (ADX) is 20.89, creating a Neutral signal.
Mercadolibre’s (MELI) Commodity Channel Index (CCI) is -78.50, creating a Neutral signal.
Mercadolibre’s (MELI) Price Rate of Change (ROC) is -0.04, creating a Sell signal.

FAQ

Is MELI a Buy, Hold, or Sell?
Based on MELI’s technical indicators, MELI is a Sell.
    What is MELI’s RSI (14)?
    MELI’s RSI (14) is 39.26, which suggests MELI is a Neutral.
      What is MELI’s MACD?
      MELI’s MACD is -29.59, which suggests MELI is a Sell.
        What is MELI’s 5-day moving average?
        MELI’s 5-day moving average is 1538.83, which suggests MELI is a Sell.
          What is MELI’s 20-day moving average?
          MELI 20-day moving average is 1538.98, which suggests MELI is a Sell.
            What is MELI’s 50-day moving average?
            MELI’s 50-day moving average is 1648.90, which suggests MELI is a Sell.
              What is MELI’s 200-day moving average?
              MELI’s 200-day moving average is 1424.21, which suggests MELI is a Buy.
                What is MELI’s Williams % R (14)?
                MELI’s Williams % R (14) is -69.14, which suggests MELI is a Buy.
                  What is MELI’s CCI (14)?
                  MELI’s CCI (14) is -78.50, which suggests MELI is a Neutral.
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