(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 2025-02-05 View latest technical analysis
10 day averaged volume of Mercadolibre Inc is 345690
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Feb 2025 | 1975.19 | 1966.41 | 1978.98 | 1950.00 | 0.614 times |
| 04 Tue Feb 2025 | 1966.41 | 1925.17 | 1971.54 | 1915.00 | 1.089 times |
| 03 Mon Feb 2025 | 1908.90 | 1880.07 | 1914.86 | 1828.00 | 1.234 times |
| 31 Fri Jan 2025 | 1922.19 | 1950.00 | 1974.16 | 1918.96 | 0.814 times |
| 30 Thu Jan 2025 | 1947.32 | 1921.73 | 1976.50 | 1913.06 | 1.409 times |
| 29 Wed Jan 2025 | 1889.76 | 1900.52 | 1902.00 | 1869.43 | 0.526 times |
| 28 Tue Jan 2025 | 1895.53 | 1847.59 | 1905.00 | 1826.53 | 1.018 times |
| 27 Mon Jan 2025 | 1846.00 | 1800.06 | 1859.21 | 1787.26 | 1.03 times |
| 24 Fri Jan 2025 | 1843.45 | 1839.56 | 1871.45 | 1835.16 | 0.94 times |
| 23 Thu Jan 2025 | 1828.73 | 1818.00 | 1834.48 | 1793.00 | 0.775 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2002.8, for a target of 1919.9 or 1850.76
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 |
| Downside Target | 1937.28 |
| Downside Target | 1965.77 |
| Upside Target | 1976.50 |
| Upside Target | 1978.98 |
| Upside Target | 2107.10 |
| Upside Target | 2146.82 |
Intraday share price targets for Mercadolibre Inc (MELI)
| Target Type | Value |
| Downside Intraday Target | 1875.8 |
| Downside Intraday Target | 1776.41 |
| Upside Intraday Target | 2026.78 |
| Upside Intraday Target | 2078.37 |
| Downside Intraday Target | 1927.39 |
Weekly technical analysis of Mercadolibre Inc (MELI)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Feb 2025 | 1975.19 | 1880.07 | 1978.98 | 1828.00 | 0.612 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 up 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 |
| 05 Wed Feb 2025 | 1975.19 | 1880.07 | 1978.98 | 1828.00 | 0.14 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 up 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Strong and stock is gaining 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mercadolibre Inc in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mercadolibre Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1904.26 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.
Price action analysis of Mercadolibre Inc ( (MELI) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Strong and stock is gaining 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mercadolibre Inc in short term and BUY signal is strong.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mercadolibre Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 1904.26 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.