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: 1766.11
  • 12Day Average: 1764.9
  • 20Day Average: 1746.73
  • 50Day Average: 1873.03
  • 100Day Average: 1960.08
  • 150Day Average: 1873.14

MELI Indicators & signals

Indicator MACD (12,26,9)

1768.78, 1794.67, -39.72
Indicator MACD is in negative zone

Indicator ADX (14)

14.44, 30.43, 22.75
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 45
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
15 Wed Jan 2025 1838.15 1785.03 to 1843.53 4.82% 1.03 times
14 Tue Jan 2025 1753.61 1746.44 to 1776.15 0.78% 0.68 times
13 Mon Jan 2025 1740.00 1730.14 to 1749.02 0% 0.84 times
13 Mon Jan 2025 1740.00 1730.14 to 1749.02 -1.07% 0.84 times
10 Fri Jan 2025 1758.77 1727.41 to 1780.62 1.14% 1.03 times
08 Wed Jan 2025 1739.00 1731.12 to 1761.00 0% 1.09 times
08 Wed Jan 2025 1739.00 1731.12 to 1761.00 -1.82% 1.09 times
07 Tue Jan 2025 1771.22 1762.78 to 1805.88 -1.57% 0.87 times
06 Mon Jan 2025 1799.42 1781.56 to 1851.30 -1.89% 1.03 times
03 Fri Jan 2025 1834.17 1791.76 to 1850.00 3.92% 1.45 times
02 Thu Jan 2025 1765.00 1707.31 to 1774.00 3.8% 1.08 times
31 Tue Dec 2024 1700.44 1698.53 to 1729.28 -1.24% 0.47 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, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of MELI is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if MELI stays above 1820.4, but if it comes below 1820.4, then a intra day sell could be more profitable.
If you take a sell trade below 1820.4, then use 1820.4 as stoploss and 1780.45 as target. However if you take a buy trade in MELI, then use 1820.4 as stoploss and 1868.4 as target.

Tomorrow's movement Prediction of MELI appears strongly Bullish. This stock started moving upwards as soon as it opened. Generally this happens when there is a positive sentiment following the stock, making it attractive. There's a good chance that this upwards movement will continue tomorrow as well.

Tomorrow's movement Prediction of MELI looks Bullish! There has been some positive changes in this stock and it appears that this sentiment can continue tomorrow.

Tomorrow's movement Prediction of MELI is bullish. The stock is trading above weekly resistance and downside can only be expected once it trades below 1749.44

Munafa value: 90

 Munafa value: 90

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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