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Mercadolibre (MELI)
NASDAQ:MELI

Mercadolibre (MELI) Technical Analysis

7,282 Followers

Technical Sentiment

Overall Consensus
Buy
13Bullish
4Neutral
5Bearish
Technical Analysis Consensus
Sell
2Bullish
4Neutral
4Bearish
Moving Average Consensus
Strong Buy
11Bullish
0Neutral
1Bearish
Mercadolibre’s (MELI) Moving Averages Convergence Divergence (MACD) indicator is 57.79, suggesting Mercadolibre is a Sell.
Mercadolibre’s (MELI) 20-Day exponential moving average is 1563.64, while Mercadolibre’s (MELI) share price is $1,702, making it a Buy.
Mercadolibre’s (MELI) 50-Day exponential moving average is 1540.88, while Mercadolibre’s (MELI) share price is $1,702, making it a Buy.

Mercadolibre (MELI) Pivot Points

May 14, 2024, 04:29 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
1,651.03
1,666.28
1,680.13
1,695.38
1,709.23
1,724.48
1,738.33
Fibonacci
1,666.28
1,677.40
1,684.27
1,695.38
1,706.50
1,713.37
1,724.48
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

May 14, 2024, 04:29 PM
Period
Simple
Exponential
MA5
1,694.44Sell
1,673.09Buy
MA10
1,617.78Buy
1,623.85Buy
MA20
1,502.08Buy
1,563.64Buy
MA50
1,511.47Buy
1,540.88Buy
MA100
1,589.80Buy
1,534.99Buy
MA200
1,472.56Buy
1,443.74Buy
Mercadolibre’s (MELI) 10-Day exponential moving average is 1623.85, while Mercadolibre’s (MELI) share price is $1,702, making it a Buy.
Mercadolibre’s (MELI) 100-Day exponential moving average is 1534.99, while Mercadolibre’s (MELI) share price is $1,702, making it a Buy.
Mercadolibre’s (MELI) stock price is $1,702 and Mercadolibre’s (MELI) 50-day simple moving average is 1511.47, creating a Buy signal.
Mercadolibre’s (MELI) stock price is $1,702 and Mercadolibre’s (MELI) 100-day simple moving average is 1589.80, creating a Buy signal.
Mercadolibre’s (MELI) stock price is $1,702 and Mercadolibre’s (MELI) 200-day simple moving average is 1472.56, creating a Buy signal.

Mercadolibre (MELI) Technical Indicators

May 14, 2024, 04:29 PM
Name
Value
Implied Action
RSI (14)
68.99
Neutral
STOCH (9,6)
86.10
Sell
STOCHRSI (14)
89.24
Sell
MACD (12,26)
57.79
Sell
ADX (14)
35.13
Neutral
Williams %R
-13.84
Sell
CCI (14)
98.11
Neutral
ATR (14)
51.17
-
Ultimate Oscillator
59.23
Neutral
ROC
20.24
Buy
Mercadolibre’s (MELI) Relative Strength Index (RSI) is 68.99, creating a Neutral signal.
Mercadolibre’s (MELI) Trend Strength Indicator (ADX) is 35.13, creating a Neutral signal.
Mercadolibre’s (MELI) Commodity Channel Index (CCI) is 98.11, creating a Neutral signal.
Mercadolibre’s (MELI) Price Rate of Change (ROC) is 20.24, creating a Buy signal.

FAQ

Is MELI a Buy, Hold, or Sell?
Based on MELI’s technical indicators, MELI is a Buy.
    What is MELI’s RSI (14)?
    MELI’s RSI (14) is 68.99, which suggests MELI is a Neutral.
      What is MELI’s MACD?
      MELI’s MACD is 57.79, which suggests MELI is a Sell.
        What is MELI’s 5-day moving average?
        MELI’s 5-day moving average is 1694.44, which suggests MELI is a Sell.
          What is MELI’s 20-day moving average?
          MELI 20-day moving average is 1502.08, which suggests MELI is a Buy.
            What is MELI’s 50-day moving average?
            MELI’s 50-day moving average is 1511.47, which suggests MELI is a Buy.
              What is MELI’s 200-day moving average?
              MELI’s 200-day moving average is 1472.56, which suggests MELI is a Buy.
                What is MELI’s Williams % R (14)?
                MELI’s Williams % R (14) is -13.84, which suggests MELI is a Sell.
                  What is MELI’s CCI (14)?
                  MELI’s CCI (14) is 98.11, which suggests MELI is a Neutral.
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