Technical Analysis for MELI - MercadoLibre, Inc.

Grade Last Price % Change Price Change
grade A 574.09 -0.08% -0.48
MELI closed down 0.08 percent on Monday, May 20, 2019, on 74 percent of normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Up Up Up
See historical MELI trend table...

Date Alert Name Type % Chg
Overbought Stochastic Strength 0.00%
Inside Day Range Contraction -0.08%
Overbought Stochastic Strength -0.08%
New 52 Week Closing High Bullish -3.63%
New Uptrend Bullish -3.63%
New 52 Week High Strength -3.63%
Stochastic Reached Overbought Strength -3.63%
Overbought Stochastic Strength -3.63%
Up 3 Days in a Row Strength -3.63%
Narrow Range Bar Range Contraction 5.72%

Older signals for MELI ...

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Profile
MercadoLibre, Inc. hosts online commerce platforms in Latin America. Its services are designed to provide users with mechanisms for buying, selling, paying, collecting, generating leads, and comparing listings through e-commerce transactions. The company principally offers MercadoLibre marketplace, an automated online e-commerce service, which permits businesses and individuals to list items and conduct their sales and purchases online in a fixed-price or auction-based format. Its MercadoLibre marketplace enables registered users to list and purchase motor vehicles, vessels, aircraft, real estate, and other services through online classified listings; and Internet users to browse through various products and services that are listed on its Website and to register with MercadoLibre to list, bid for, and purchase items and services. The company also provides MercadoPago, an integrated online payments solution to facilitate transactions on and off the MercadoLibre marketplace by providing a mechanism that allows its users to send, receive, and finance payments online. In addition, it offers MercadoClics program that allows businesses to promote their products and services on the Internet. This program enables users and advertisers to place display and text advertisements on its Web pages to promote their brands and offerings. Further, the company provides MercadoShops on-line stores solution, a software-as-a-service, which allows users to set-up, manage, and promote their own online Webstores. As of December 31, 2012, the company operated online commerce platforms directed towards Argentina, Brazil, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, Mexico, Panama, Peru, Portugal, Uruguay, and Venezuela; online payments solutions directed towards Argentina, Brazil, Chile, Colombia, Mexico, and Venezuela; and a real estate classified platform that covers various areas in Florida. The company was founded in 1999 and is headquartered in Buenos Aires, Argentina.
Real Estate Marketing E-Commerce Online Shopping Ebay
Is MELI a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 596.7
52 Week Low 257.52
Average Volume 688,586
200-Day Moving Average 384.3053
50-Day Moving Average 512.3578
20-Day Moving Average 532.4315
10-Day Moving Average 559.899
Average True Range 21.8482
ADX 26.72
+DI 31.8744
-DI 17.4243
Chandelier Exit (Long, 3 ATRs ) 531.1554
Chandelier Exit (Short, 3 ATRs ) 525.5446
Upper Bollinger Band 609.4886
Lower Bollinger Band 455.3744
Percent B (%b) 0.77
BandWidth 28.945357
MACD Line 22.2868
MACD Signal Line 18.2691
MACD Histogram 4.0177
Fundamentals Value
Market Cap 25.34 Billion
Num Shares 44.1 Million
EPS 3.26
Price-to-Earnings (P/E) Ratio 176.10
Price-to-Sales 9.38
Price-to-Book 22.03
PEG Ratio 2.27
Dividend 0.60
Dividend Yield 0.10%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 593.56
Resistance 3 (R3) 592.59 585.12 590.32
Resistance 2 (R2) 585.12 580.16 585.61 589.23
Resistance 1 (R1) 579.61 577.10 582.37 580.58 588.15
Pivot Point 572.14 572.14 573.52 572.63 572.14
Support 1 (S1) 566.63 567.18 569.39 567.60 560.03
Support 2 (S2) 559.16 564.12 559.65 558.95
Support 3 (S3) 553.65 559.16 557.87
Support 4 (S4) 554.62