Technical Analysis for MELI - MercadoLibre, Inc.

Grade Last Price % Change Price Change
grade A 345.44 -1.33% -4.66
MELI closed up 3.04 percent on Tuesday, January 15, 2019, on 83 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

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

Date Alert Name Type % Chg
Jan 15 Cup with Handle Other -1.33%
Jan 15 Wide Bands Range Expansion -1.33%
Jan 15 Overbought Stochastic Strength -1.33%
Jan 14 NR7 Range Contraction 1.67%
Jan 14 Inside Day Range Contraction 1.67%
Jan 14 Overbought Stochastic Strength 1.67%
Jan 11 Overbought Stochastic Strength 0.14%
Jan 10 Golden Cross Bullish 1.72%
Jan 10 MACD Bullish Centerline Cross Bullish 1.72%
Jan 10 Spinning Top Other 1.72%

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.
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: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 417.91
52 Week Low 257.52
Average Volume 621,970
200-Day Moving Average 326.0966
50-Day Moving Average 328.595
20-Day Moving Average 311.0885
10-Day Moving Average 328.173
Average True Range 16.3326
ADX 20.01
+DI 27.0178
-DI 15.8677
Chandelier Exit (Long, 3 ATRs ) 312.0022
Chandelier Exit (Short, 3 ATRs ) 306.5178
Upper Bollinger Band 359.436
Lower Bollinger Band 262.741
Percent B (%b) 0.9
BandWidth 31.082795
MACD Line 5.2229
MACD Signal Line -1.1066
MACD Histogram 6.3295
Fundamentals Value
Market Cap 15.45 Billion
Num Shares 44.1 Million
EPS 3.26
Price-to-Earnings (P/E) Ratio 107.39
Price-to-Sales 9.38
Price-to-Book 22.03
PEG Ratio 2.27
Dividend 0.60
Dividend Yield 0.17%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 364.80
Resistance 3 (R3) 363.46 357.23 362.35
Resistance 2 (R2) 357.23 353.48 357.90 361.53
Resistance 1 (R1) 353.66 351.17 355.45 355.00 360.72
Pivot Point 347.43 347.43 348.32 348.10 347.43
Support 1 (S1) 343.86 343.68 345.65 345.20 339.48
Support 2 (S2) 337.63 341.37 338.30 338.67
Support 3 (S3) 334.06 337.63 337.85
Support 4 (S4) 335.40