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

8,445 Followers

Technical Sentiment

Overall Consensus
Buy
12Bullish
5Neutral
5Bearish
Technical Analysis Consensus
Neutral
3Bullish
5Neutral
2Bearish
Moving Average Consensus
Buy
9Bullish
0Neutral
3Bearish
Mercadolibre’s (MELI) Moving Averages Convergence Divergence (MACD) indicator is -30.71, suggesting Mercadolibre is a Buy.
Mercadolibre’s (MELI) 20-Day exponential moving average is 1964.18, while Mercadolibre’s (MELI) share price is $2,005, making it a Buy.
Mercadolibre’s (MELI) 50-Day exponential moving average is 1982.45, while Mercadolibre’s (MELI) share price is $2,005, making it a Sell.

Mercadolibre (MELI) Pivot Points

Nov 22, 2024, 08:46 PM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
1,868.60
1,887.01
1,909.13
1,927.54
1,949.66
1,968.07
1,990.19
Fibonacci
1,887.01
1,902.49
1,912.05
1,927.54
1,943.02
1,952.58
1,968.07
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

Nov 22, 2024, 08:46 PM
Period
Simple
Exponential
MA5
1,922.41Buy
1,935.68Buy
MA10
1,922.98Buy
1,939.33Buy
MA20
1,975.88Sell
1,964.18Buy
MA50
2,027.58Sell
1,982.45Sell
MA100
1,934.88Buy
1,928.99Buy
MA200
1,762.19Buy
1,805.84Buy
Mercadolibre’s (MELI) 10-Day exponential moving average is 1939.33, while Mercadolibre’s (MELI) share price is $2,005, making it a Buy.
Mercadolibre’s (MELI) 100-Day exponential moving average is 1928.99, while Mercadolibre’s (MELI) share price is $2,005, making it a Buy.
Mercadolibre’s (MELI) stock price is $2,005 and Mercadolibre’s (MELI) 50-day simple moving average is 2027.58, creating a Sell signal.
Mercadolibre’s (MELI) stock price is $2,005 and Mercadolibre’s (MELI) 100-day simple moving average is 1934.88, creating a Buy signal.
Mercadolibre’s (MELI) stock price is $2,005 and Mercadolibre’s (MELI) 200-day simple moving average is 1762.19, creating a Buy signal.

Mercadolibre (MELI) Technical Indicators

Nov 22, 2024, 08:46 PM
Name
Value
Implied Action
RSI (14)
49.20
Neutral
STOCH (9,6)
69.15
Neutral
STOCHRSI (14)
50.70
Neutral
MACD (12,26)
-30.71
Buy
ADX (14)
19.86
Buy
Williams %R
-41.37
Buy
CCI (14)
-28.69
Neutral
ATR (14)
65.23
-
Ultimate Oscillator
60.74
Neutral
ROC
-4.22
Sell
Mercadolibre’s (MELI) Relative Strength Index (RSI) is 49.20, creating a Neutral signal.
Mercadolibre’s (MELI) Trend Strength Indicator (ADX) is 19.86, creating a Buy signal.
Mercadolibre’s (MELI) Commodity Channel Index (CCI) is -28.69, creating a Neutral signal.
Mercadolibre’s (MELI) Price Rate of Change (ROC) is -4.22, creating a Sell 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 49.20, which suggests MELI is a Neutral.
      What is MELI’s MACD?
      MELI’s MACD is -30.71, which suggests MELI is a Buy.
        What is MELI’s 5-day moving average?
        MELI’s 5-day moving average is 1922.41, which suggests MELI is a Buy.
          What is MELI’s 20-day moving average?
          MELI 20-day moving average is 1975.88, which suggests MELI is a Sell.
            What is MELI’s 50-day moving average?
            MELI’s 50-day moving average is 2027.58, which suggests MELI is a Sell.
              What is MELI’s 200-day moving average?
              MELI’s 200-day moving average is 1762.19, which suggests MELI is a Buy.
                What is MELI’s Williams % R (14)?
                MELI’s Williams % R (14) is -41.37, which suggests MELI is a Buy.
                  What is MELI’s CCI (14)?
                  MELI’s CCI (14) is -28.69, which suggests MELI is a Neutral.
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