Technical Analysis for MELI - MercadoLibre, Inc.

Grade Last Price % Change Price Change
grade B 359.79 -3.66% -13.67
MELI closed down 0.31 percent on Friday, July 20, 2018, on 84 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.

Earnings due: Aug 8

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

Date Alert Name Type % Chg
Jul 20 Doji - Bearish? Reversal -3.66%
Jul 20 Upper Bollinger Band Walk Strength -3.66%
Jul 20 Wide Bands Range Expansion -3.66%
Jul 20 Overbought Stochastic Strength -3.66%
Jul 20 Upper Bollinger Band Touch Strength -3.66%
Jul 19 Upper Bollinger Band Walk Strength -3.96%
Jul 19 Inside Day Range Contraction -3.96%
Jul 19 Wide Bands Range Expansion -3.96%
Jul 19 Above Upper BB Strength -3.96%
Jul 19 Overbought Stochastic Strength -3.96%

Older signals for MELI ...

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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.
Indicator Value
52 Week High 417.91
52 Week Low 216.9579
Average Volume 922,916
200-Day Moving Average 317.9727
50-Day Moving Average 307.1538
20-Day Moving Average 317.821
10-Day Moving Average 338.736
Average True Range 14.3282
ADX 24.82
+DI 40.4309
-DI 10.9816
Chandelier Exit (Long, 3 ATRs ) 338.5154
Chandelier Exit (Short, 3 ATRs ) 324.7746
Upper Bollinger Band 375.7747
Lower Bollinger Band 259.8673
Percent B (%b) 0.98
BandWidth 36.469396
MACD Line 17.2201
MACD Signal Line 8.9691
MACD Histogram 8.2511
Fundamentals Value
Market Cap 16.49 Billion
Num Shares 44.1 Million
EPS 3.26
Price-to-Earnings (P/E) Ratio 114.56
Price-to-Sales 9.38
Price-to-Book 22.03
PEG Ratio 2.27
Dividend 0.60
Dividend Yield 0.16%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 392.60
Resistance 3 (R3) 393.15 387.33 389.41
Resistance 2 (R2) 387.33 382.45 387.05 388.35
Resistance 1 (R1) 380.39 379.44 383.86 379.84 387.28
Pivot Point 374.57 374.57 376.30 374.29 374.57
Support 1 (S1) 367.63 369.69 371.10 367.08 359.64
Support 2 (S2) 361.81 366.68 361.53 358.57
Support 3 (S3) 354.87 361.81 357.51
Support 4 (S4) 354.32