Technical Analysis for MELI - MercadoLibre, Inc.

Grade Last Price % Change Price Change
F 1392.75 1.41% 19.40
MELI closed up 1.41 percent on Friday, June 11, 2021, on 1.12 times normal volume.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Up
Historical MELI trend table...

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
BB Squeeze + Upper Band Touch Range Contraction 0.00%
Up 3 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 1.41%
Crossed Above 20 DMA Bullish 1.41%
Bollinger Band Squeeze Range Contraction 1.41%
Outside Day Range Expansion 1.41%
20 DMA Resistance Bearish 5.78%
Older End-of-Day Signals for MELI ...

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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.


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 Payments Solution E Commerce Platforms Payments Solutions Ebay 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


Indicator Value
52 Week High 2020.0
52 Week Low 922.09
Average Volume 429,382
200-Day Moving Average 1468.64
50-Day Moving Average 1459.71
20-Day Moving Average 1350.13
10-Day Moving Average 1345.90
Average True Range 45.73
ADX 23.93
+DI 22.24
-DI 23.02
Chandelier Exit (Long, 3 ATRs) 1269.50
Chandelier Exit (Short, 3 ATRs) 1399.58
Upper Bollinger Bands 1398.83
Lower Bollinger Band 1301.43
Percent B (%b) 0.94
BandWidth 7.21
MACD Line -27.28
MACD Signal Line -37.14
MACD Histogram 9.8569
Fundamentals Value
Market Cap 69.33 Billion
Num Shares 49.8 Million
EPS 0.19
Price-to-Earnings (P/E) Ratio 7291.88
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) 1433.85
Resistance 3 (R3) 1433.93 1420.32 1427.00
Resistance 2 (R2) 1420.32 1409.85 1420.28 1424.71
Resistance 1 (R1) 1406.53 1403.38 1413.43 1406.45 1422.43
Pivot Point 1392.92 1392.92 1396.36 1392.88 1392.92
Support 1 (S1) 1379.13 1382.45 1386.03 1379.05 1363.07
Support 2 (S2) 1365.52 1375.98 1365.48 1360.79
Support 3 (S3) 1351.73 1365.52 1358.50
Support 4 (S4) 1351.65