NASDAQ Stock MELI Historical charts - MercadoLibre, Inc.

Historical charts for Stock MELI - Share MercadoLibre, Inc. trades in NASDAQ under Miscellaneous Deals in Business Services

Moving Averages for

  • 5Day Average: 1541.12
  • 12Day Average: 1450.29
  • 20Day Average: 1445.5
  • 50Day Average: 1501.59
  • 100Day Average: 1585.48
  • 150Day Average: 1523.55

MELI Indicators & signals

Indicator MACD (12,26,9)

1494.63, 1480.77, -19.37
Indicator MACD is in positive zone

Indicator ADX (14)

49, 42.3, 14.48
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 60
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MELI are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
06 Mon May 2024 1653.85 1633.32 to 1694.04 1.43% 1.15 times
03 Fri May 2024 1630.56 1617.00 to 1680.00 8.27% 2.58 times
02 Thu May 2024 1505.99 1444.10 to 1506.25 3.4% 1.33 times
01 Wed May 2024 1456.51 1427.95 to 1483.63 -0.15% 1.01 times
30 Tue Apr 2024 1458.70 1433.02 to 1485.24 1.41% 1.05 times
29 Mon Apr 2024 1438.36 1419.86 to 1446.44 2.3% 0.64 times
26 Fri Apr 2024 1406.00 1376.69 to 1416.76 3.09% 0.85 times
25 Thu Apr 2024 1363.83 1341.00 to 1369.08 -0.45% 0.41 times
24 Wed Apr 2024 1370.00 1360.00 to 1399.70 -1.79% 0.58 times
23 Tue Apr 2024 1395.00 1367.28 to 1408.18 1.96% 0.8 times
22 Mon Apr 2024 1368.23 1324.99 to 1370.34 0.87% 0.75 times
19 Fri Apr 2024 1356.43 1344.31 to 1379.13 -1.01% 0.69 times

Technical analysis forecast of MELI Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in MELI MELI at this time. Stock is rising and might rise more.

It appears as if MELI MELI gave a large move recently.

Stock of MELI (MELI) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

Although my analysis for MELI 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 1656.9, for a target of 1559.9 or 1479.17

Munafa value: 50

Munafa value: 50

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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NASDAQ Stock MELI Historical charts - Share MercadoLibre, Inc.

 

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