Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-02-03 View latest technical analysis

10 day averaged volume of Mercadolibre Inc is 316170

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Feb 2025	1908.90	1880.07	1914.86	1828.00	1.349 times
31 Fri Jan 2025	1922.19	1950.00	1974.16	1918.96	0.89 times
30 Thu Jan 2025	1947.32	1921.73	1976.50	1913.06	1.541 times
29 Wed Jan 2025	1889.76	1900.52	1902.00	1869.43	0.575 times
28 Tue Jan 2025	1895.53	1847.59	1905.00	1826.53	1.113 times
27 Mon Jan 2025	1846.00	1800.06	1859.21	1787.26	1.126 times
24 Fri Jan 2025	1843.45	1839.56	1871.45	1835.16	1.028 times
23 Thu Jan 2025	1828.73	1818.00	1834.48	1793.00	0.847 times
22 Wed Jan 2025	1818.49	1847.96	1885.00	1808.02	1.274 times
21 Tue Jan 2025	1834.51	1852.66	1863.31	1829.12	0.831 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1890.9, but if it comes below 1890.9, then a intra day sell could be more profitable.
If you take a sell trade below 1890.9, then use 1890.9 as stoploss and 1829.19 as target. However if you take a buy trade in stock , then use 1890.9 as stoploss and 1964.9 as target.

Share price targets for Mercadolibre Inc (MELI)

Target Type	Value
Downside Target	1646.00
Downside Target	1707.31
Downside Target	1787.26
Downside Target	1876.42
Upside Target	1914.86
Upside Target	1937.28
Upside Target	1965.77
Upside Target	1976.50
Upside Target	2107.10
Upside Target	2146.82

Intraday share price targets for Mercadolibre Inc (MELI)

Target Type	Value
Downside Intraday Target	1852.98
Downside Intraday Target	1797.06
Upside Intraday Target	1939.84
Upside Intraday Target	1970.78
Downside Intraday Target	1883.92

Weekly technical analysis of Mercadolibre Inc (MELI)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Feb 2025	1908.90	1880.07	1914.86	1828.00	0.257 times
31 Fri Jan 2025	1922.19	1800.06	1976.50	1787.26	1.318 times
24 Fri Jan 2025	1843.45	1852.66	1885.00	1793.00	5.134 times
17 Fri Jan 2025	1836.00	1876.42	1876.42	1832.91	0.176 times
17 Fri Jan 2025	1836.00	1740.00	1876.42	1730.14	1.845 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
03 Mon Feb 2025	1908.90	1880.07	1914.86	1828.00	0.059 times
31 Fri Jan 2025	1922.19	1715.38	1976.50	1707.31	1.102 times
31 Tue Dec 2024	1700.44	1941.69	1965.77	1646.00	0.541 times
26 Tue Nov 2024	2110.00	2030.44	2146.82	1749.91	1.971 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Mercadolibre Inc ( (MELI) ) based on a short 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 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 losing momentum.

MACD generated a BUY signal for Mercadolibre Inc in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mercadolibre Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 SELL signal for Mercadolibre Inc in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 1876.94 and Mercadolibre Inc (MELI) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.