Technical Analysis for MELI - MercadoLibre, Inc.

Grade Last Price % Change Price Change
B 1878.23 -0.17% -3.12
MELI closed down 0.17 percent on Friday, September 17, 2021, on approximately normal volume.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Down
Historical MELI trend table...

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
Outside Day Range Expansion 0.00%
Narrow Range Bar Range Contraction -0.17%
NR7 Range Contraction -0.17%
Crossed Above 20 DMA Bullish -0.58%
Outside Day Range Expansion -0.58%
Up 3 Days in a Row Strength -0.58%
20 DMA Resistance Bearish 1.18%
20 DMA Resistance Bearish 1.38%
1,2,3 Pullback Bullish Bullish Swing Setup 1.38%
Older End-of-Day Signals for MELI ...

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Profile

MercadoLibre, Inc. Description

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.


Classification

Sector: Consumer Cyclical
Industry: Specialty Retail
Keywords: Nasdaq 100 E-Commerce E Commerce Fintech Motor Vehicles Online Shopping E Commerce Platform Online Payments Integrated Online Collecting E Commerce Platforms Payments Solution Payments Solutions E Commerce Transactions Online Class

Is MELI a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 2020.0
52 Week Low 986.83
Average Volume 323,248
200-Day Moving Average 1625.98
50-Day Moving Average 1741.01
20-Day Moving Average 1874.74
10-Day Moving Average 1889.61
Average True Range 50.26
ADX 26.99
+DI 23.59
-DI 17.71
Chandelier Exit (Long, 3 ATRs) 1819.18
Chandelier Exit (Short, 3 ATRs) 1896.79
Upper Bollinger Bands 1954.98
Lower Bollinger Band 1794.49
Percent B (%b) 0.52
BandWidth 8.56
MACD Line 36.11
MACD Signal Line 48.06
MACD Histogram -11.9436
Fundamentals Value
Market Cap 93.49 Billion
Num Shares 49.8 Million
EPS 0.19
Price-to-Earnings (P/E) Ratio 9833.66
Price-to-Sales 23.36
Price-to-Book 44.48
PEG Ratio 2.28
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1925.51
Resistance 3 (R3) 1928.62 1915.97 1917.63
Resistance 2 (R2) 1915.97 1903.93 1914.41 1915.00
Resistance 1 (R1) 1897.10 1896.49 1890.77 1893.99 1912.38
Pivot Point 1884.45 1884.45 1881.29 1882.89 1884.45
Support 1 (S1) 1865.58 1872.41 1859.26 1862.47 1844.08
Support 2 (S2) 1852.93 1864.97 1851.38 1841.46
Support 3 (S3) 1834.06 1852.93 1838.83
Support 4 (S4) 1830.95