Mercadolibre Inc (MELI) Technical (Analysis) Reports Mercadolibre Inc ["Technical Analysis"] Reports -NASDAQ Stock Exchange MunafaSutra.com
Complete & easy to understand technical analysis of Mercadolibre Inc (MELI)
Technical Analysis Report for NASDAQ stock MELI Mercadolibre Inc. Dated: 24 Mar 2025 Updated Daily. Stock trades under Miscellaneous Deals in Business Services in NASDAQ stock exchange
If you are looking for Tomorrow's Movement Predictions for NASDAQ stock MELI Mercadolibre Inc then click here. or read Experts views on Mercadolibre Inc or Forecast & share price targets of Mercadolibre Inc
Mercadolibre Inc Opened at 2114.40 and Closed at: 2134.31, which is 1.83% of previous session's close. It moved within a range of 2100.50 and 2164.74
The session was a Bullish session with an average volume of 356400, which is -24.02% of previous session's volumes.
- Even though the stock has shown an up move, but the short term trend of the stock remains negative and in a downtrend.
- The stock has shown an up move, and its mid term trend is also positive and in an uptrend.
- The stock has shown an up move, and its long term trend is also positive and in an uptrend.
Support for tomorrow is 2117.41 and resistance for tomorrow is 2181.65
These support and resistance points are valid for the first 5-15 minutes charts
Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.
Support for tomorrow's hourly charts is 2101.63, 2068.94 resistance for tomorrow's hourly charts is 2165.87, 2197.42
10 Day SMA for Mercadolibre Inc (MELI) is 2047.84 and stock is trading above these levels. This is a good sign for its short term trend
20 Day SMA for Mercadolibre Inc (MELI) is 2066.93 and the stock is trading above these levels. This is a good sign for its mid term trend
50 Day SMA for Mercadolibre Inc (MELI) is 2004.8 and the stock is trading above these levels. This is a good sign for its mid to long term trend
100 Day SMA is 1944.03 and the stock is trading above these levels. This is a good sign for its long term trend
200 Day SMA Mercadolibre Inc is 1904.1 and stock is trading above these levels. This is a good sign for its long term trend
20 DMA of Mercadolibre Inc is at 2066.93 and 200 DMA is at 1904.1, while 50 DMA and 100 DMA are at 2004.8 and 1944.03 respectively
Mercadolibre Inc (MELI) moving average of 20 SMA is at 2066.93 and 20 EMA is at 2059.52
| Date | Closing Price | 20 SMA | 20 EMA |
| 24 Mon Mar | 2134.31 | 2066.93 | 2059.52 |
| 21 Fri Mar | 2095.27 | 2071.38 | 2051.65 |
| 20 Thu Mar | 2067.57 | 2079.61 | 2047.06 |
| 19 Wed Mar | 2065.94 | 2081.76 | 2044.9 |
| 18 Tue Mar | 2002.80 | 2082.25 | 2042.69 |
| 17 Mon Mar | 2106.46 | 2085.9 | 2046.89 |
Mercadolibre Inc (MELI) moving average of 50 SMA is at 2004.8 and 50 EMA is at 2015.95
| Date | Closing Price | 50 SMA | 50 EMA |
| 24 Mon Mar | 2134.31 | 2004.8 | 2015.95 |
| 21 Fri Mar | 2095.27 | 1996.91 | 2011.12 |
| 20 Thu Mar | 2067.57 | 1989.8 | 2007.69 |
| 19 Wed Mar | 2065.94 | 1983.63 | 2005.25 |
| 18 Tue Mar | 2002.80 | 1977.09 | 2002.77 |
| 17 Mon Mar | 2106.46 | 1971.81 | 2002.77 |
Mercadolibre Inc (MELI) moving average of 100 SMA is at 1944.03 and 100 EMA is at 1969.64
| Date | Closing Price | 100 SMA | 100 EMA |
| 24 Mon Mar | 2134.31 | 1944.03 | 1969.64 |
| 21 Fri Mar | 2095.27 | 1943.07 | 1966.31 |
| 20 Thu Mar | 2067.57 | 1942.8 | 1963.7 |
| 19 Wed Mar | 2065.94 | 1943.13 | 1961.6 |
| 18 Tue Mar | 2002.80 | 1943.27 | 1959.49 |
| 17 Mon Mar | 2106.46 | 1943.9 | 1958.62 |
Mercadolibre Inc (MELI) moving average of 200 SMA is at 1904.1 and 200 EMA is at 1890.36
| Date | Closing Price | 200 SMA | 200 EMA |
| 24 Mon Mar | 2134.31 | 1904.1 | 1890.36 |
| 21 Fri Mar | 2095.27 | 1901.54 | 1887.9 |
| 20 Thu Mar | 2067.57 | 1899.09 | 1885.81 |
| 19 Wed Mar | 2065.94 | 1896.9 | 1883.97 |
| 18 Tue Mar | 2002.80 | 1895.04 | 1882.13 |
| 17 Mon Mar | 2106.46 | 1893.65 | 1880.91 |
Mercadolibre Inc has performed better than Zillow Group in short term. Holding Mercadolibre Inc could be a better choice for now!
Comscore Inc has performed better than Mercadolibre Inc in short term. You could have earned much better returns by investing in Comscore Inc, about 13.96% more returns!
Rimini Street has performed better than Mercadolibre Inc in short term. You could have earned much better returns by investing in Rimini Street, about 28.22% more returns!
B Riley has performed better than Mercadolibre Inc in short term. You could have earned much better returns by investing in B Riley, about 18.29% more returns!
Mercadolibre Inc has performed better than B Riley in short term. Holding Mercadolibre Inc could be a better choice for now!
B Riley has performed better than Mercadolibre Inc in short term. You could have earned much better returns by investing in B Riley, about 10.92% more returns!
Mercadolibre Inc has performed better than Polar Power in short term. Holding Mercadolibre Inc could be a better choice for now!
Pinduoduo Inc has performed better than Mercadolibre Inc in short term. You could have earned much better returns by investing in Pinduoduo Inc, about 9.09% more returns!
Mercadolibre Inc has performed better than Novanta Inc in short term. Holding Mercadolibre Inc could be a better choice for now!
Marathon Patent has performed better than Mercadolibre Inc in short term. You could have earned much better returns by investing in Marathon Patent, about 19.21% more returns!
Mercadolibre Inc has performed better than I3 Verticals in short term. Holding Mercadolibre Inc could be a better choice for now!
Interdigital Inc has performed better than Mercadolibre Inc in short term. You could have earned much better returns by investing in Interdigital Inc, about 7.44% more returns!
Mercadolibre Inc has performed better than Healthequity Inc in short term. Holding Mercadolibre Inc could be a better choice for now!
Mercadolibre Inc has performed better than Shanda Games in short term. Holding Mercadolibre Inc could be a better choice for now!
Mercadolibre Inc has performed better than Fuelcell Energy in short term. Holding Mercadolibre Inc could be a better choice for now!
Mercadolibre Inc has performed better than Ebay Inc in short term. Holding Mercadolibre Inc could be a better choice for now!
Mercadolibre Inc has performed better than China Recycling in short term. Holding Mercadolibre Inc could be a better choice for now!
Cbak Energy has performed better than Mercadolibre Inc in short term. You could have earned much better returns by investing in Cbak Energy, about 6.46% more returns!
Mercadolibre Inc has performed better than Booking Holdings in short term. Holding Mercadolibre Inc could be a better choice for now!
Mercadolibre Inc Technical analysis of indicators
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.
ADX buy sell signal for Mercadolibre Inc stock for short term is BUY. Signal strength is Weak 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 2040.37 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.
Tomorrow's Predictions
You should also read Tomorrow's Movement Predictions for NASDAQ stock MELI Mercadolibre Inc These predictions are based on various factors, are easy to understand, and upto 75% accurate!
And MELI Experts View which covers a lot of information including buying and selling signals
MELI future forecast & share price targets
You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Mercadolibre Inc or View Candle Stick Charts here
Quick Charts: Renko Point & Figure Just IntraDay All Indicators Weekly Monthly All in One Eagle View MACD & ADX
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