Technical Analysis for MELI - MercadoLibre, Inc.

Grade Last Price % Change Price Change
grade C 301.87 1.04% 3.11
MELI closed up 1.04 percent on Friday, October 19, 2018, on 50 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Earnings due: Nov 1

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

Date Alert Name Type % Chg
Oct 19 Stochastic Reached Oversold Weakness 0.00%
Oct 19 Multiple of Ten Bullish Other 0.00%
Oct 19 Inside Day Range Contraction 0.00%
Oct 19 Oversold Stochastic Weakness 0.00%
Oct 18 Multiple of Ten Bearish Other 1.04%
Oct 18 Oversold Stochastic Weakness 1.04%
Oct 17 Oversold Stochastic Weakness -3.67%
Oct 16 Slingshot Bearish Bearish Swing Setup -2.18%
Oct 16 Stochastic Buy Signal Bullish -2.18%
Oct 16 Lower Bollinger Band Walk Weakness -2.18%

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: 0 bullish, 2 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 417.91
52 Week Low 216.9579
Average Volume 837,236
200-Day Moving Average 338.4271
50-Day Moving Average 332.738
20-Day Moving Average 325.1075
10-Day Moving Average 312.426
Average True Range 16.4701
ADX 19.15
+DI 14.4309
-DI 23.838
Chandelier Exit (Long, 3 ATRs ) 312.9197
Chandelier Exit (Short, 3 ATRs ) 340.9153
Upper Bollinger Band 361.2073
Lower Bollinger Band 289.0077
Percent B (%b) 0.18
BandWidth 22.207916
MACD Line -8.4328
MACD Signal Line -5.4314
MACD Histogram -3.0013
Fundamentals Value
Market Cap 13.33 Billion
Num Shares 44.1 Million
EPS 3.26
Price-to-Earnings (P/E) Ratio 92.60
Price-to-Sales 9.38
Price-to-Book 22.03
PEG Ratio 2.27
Dividend 0.60
Dividend Yield 0.20%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 321.90
Resistance 3 (R3) 323.10 317.62 318.56
Resistance 2 (R2) 317.62 312.52 317.02 317.45
Resistance 1 (R1) 309.74 309.36 313.68 308.55 316.34
Pivot Point 304.26 304.26 306.23 303.66 304.26
Support 1 (S1) 296.39 299.16 300.33 295.19 287.40
Support 2 (S2) 290.91 296.01 290.31 286.29
Support 3 (S3) 283.03 290.91 285.18
Support 4 (S4) 281.84