Mercadolibre (MELI)
NASDAQ:MELI
Holding MELI?
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Mercadolibre (MELI) Technical Analysis

8,112 Followers

Technical Sentiment

Overall Consensus
Strong Buy
15Bullish
5Neutral
2Bearish
Technical Analysis Consensus
Buy
4Bullish
5Neutral
1Bearish
Moving Average Consensus
Strong Buy
11Bullish
0Neutral
1Bearish
Mercadolibre’s (MELI) Moving Averages Convergence Divergence (MACD) indicator is 1.38, suggesting Mercadolibre is a Buy.
Mercadolibre’s (MELI) 20-Day exponential moving average is 2032.28, while Mercadolibre’s (MELI) share price is $2,091.16, making it a Buy.
Mercadolibre’s (MELI) 50-Day exponential moving average is 1974.41, while Mercadolibre’s (MELI) share price is $2,091.16, making it a Buy.

Mercadolibre (MELI) Pivot Points

Oct 12, 2024, 05:29 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
1,966.86
1,984.89
2,016.44
2,034.47
2,066.02
2,084.05
2,115.60
Fibonacci
1,984.89
2,003.83
2,015.53
2,034.47
2,053.41
2,065.11
2,084.05
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

Oct 12, 2024, 05:29 AM
Period
Simple
Exponential
MA5
2,005.19Buy
2,021.77Buy
MA10
2,013.87Buy
2,025.06Buy
MA20
2,060.09Sell
2,032.28Buy
MA50
1,997.15Buy
1,974.41Buy
MA100
1,826.65Buy
1,867.33Buy
MA200
1,710.60Buy
1,742.97Buy
Mercadolibre’s (MELI) 10-Day exponential moving average is 2025.06, while Mercadolibre’s (MELI) share price is $2,091.16, making it a Buy.
Mercadolibre’s (MELI) 100-Day exponential moving average is 1867.33, while Mercadolibre’s (MELI) share price is $2,091.16, making it a Buy.
Mercadolibre’s (MELI) stock price is $2,091.16 and Mercadolibre’s (MELI) 50-day simple moving average is 1997.15, creating a Buy signal.
Mercadolibre’s (MELI) stock price is $2,091.16 and Mercadolibre’s (MELI) 100-day simple moving average is 1826.65, creating a Buy signal.
Mercadolibre’s (MELI) stock price is $2,091.16 and Mercadolibre’s (MELI) 200-day simple moving average is 1710.60, creating a Buy signal.

Mercadolibre (MELI) Technical Indicators

Oct 12, 2024, 05:29 AM
Name
Value
Implied Action
RSI (14)
52.26
Neutral
STOCH (9,6)
60.46
Neutral
STOCHRSI (14)
43.20
Neutral
MACD (12,26)
1.38
Buy
ADX (14)
18.23
Buy
Williams %R
-54.01
Buy
CCI (14)
-24.98
Neutral
ATR (14)
47.24
-
Ultimate Oscillator
50.36
Neutral
ROC
-3.01
Sell
Mercadolibre’s (MELI) Relative Strength Index (RSI) is 52.26, creating a Neutral signal.
Mercadolibre’s (MELI) Trend Strength Indicator (ADX) is 18.23, creating a Buy signal.
Mercadolibre’s (MELI) Commodity Channel Index (CCI) is -24.98, creating a Neutral signal.
Mercadolibre’s (MELI) Price Rate of Change (ROC) is -3.01, creating a Sell signal.

FAQ

Is MELI a Buy, Hold, or Sell?
Based on MELI’s technical indicators, MELI is a Strong Buy.
    What is MELI’s RSI (14)?
    MELI’s RSI (14) is 52.26, which suggests MELI is a Neutral.
      What is MELI’s MACD?
      MELI’s MACD is 1.38, which suggests MELI is a Buy.
        What is MELI’s 5-day moving average?
        MELI’s 5-day moving average is 2005.19, which suggests MELI is a Buy.
          What is MELI’s 20-day moving average?
          MELI 20-day moving average is 2060.09, which suggests MELI is a Sell.
            What is MELI’s 50-day moving average?
            MELI’s 50-day moving average is 1997.15, which suggests MELI is a Buy.
              What is MELI’s 200-day moving average?
              MELI’s 200-day moving average is 1710.60, which suggests MELI is a Buy.
                What is MELI’s Williams % R (14)?
                MELI’s Williams % R (14) is -54.01, which suggests MELI is a Buy.
                  What is MELI’s CCI (14)?
                  MELI’s CCI (14) is -24.98, which suggests MELI is a Neutral.
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