Technical Analysis for MELI - MercadoLibre, Inc.

Grade Last Price % Change Price Change
grade A 497.37 -1.41% -7.11
MELI closed down 1.41 percent on Friday, March 22, 2019, on approximately normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

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

Date Alert Name Type % Chg
Mar 22 MACD Bearish Signal Line Cross Bearish 0.00%
Mar 22 Stochastic Reached Overbought Strength 0.00%
Mar 22 Wide Bands Range Expansion 0.00%
Mar 22 Overbought Stochastic Strength 0.00%
Mar 21 NR7 Range Contraction -1.41%
Mar 21 Wide Bands Range Expansion -1.41%
Mar 20 Wide Bands Range Expansion -0.12%
Mar 19 1,2,3 Pullback Bullish Bullish Swing Setup 3.11%
Mar 19 Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 3.11%
Mar 19 Doji - Bullish? Reversal 3.11%

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.
Real Estate Marketing E-Commerce Online Shopping Ebay
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: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 514.8969
52 Week Low 257.52
Average Volume 718,391
200-Day Moving Average 344.5934
50-Day Moving Average 398.7632
20-Day Moving Average 465.903
10-Day Moving Average 492.217
Average True Range 17.1648
ADX 42.98
+DI 39.4537
-DI 14.247
Chandelier Exit (Long, 3 ATRs ) 463.4025
Chandelier Exit (Short, 3 ATRs ) 409.5644
Upper Bollinger Band 538.5068
Lower Bollinger Band 393.2992
Percent B (%b) 0.72
BandWidth 31.166917
MACD Line 31.0342
MACD Signal Line 31.5696
MACD Histogram -0.5353
Fundamentals Value
Market Cap 21.96 Billion
Num Shares 44.1 Million
EPS 3.26
Price-to-Earnings (P/E) Ratio 152.57
Price-to-Sales 9.38
Price-to-Book 22.03
PEG Ratio 2.27
Dividend 0.60
Dividend Yield 0.12%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 518.66
Resistance 3 (R3) 518.35 510.96 515.11
Resistance 2 (R2) 510.96 505.54 511.11 513.92
Resistance 1 (R1) 504.16 502.19 500.47 504.47 512.74
Pivot Point 496.77 496.77 494.92 496.92 496.77
Support 1 (S1) 489.97 491.35 486.28 490.28 482.00
Support 2 (S2) 482.58 488.00 482.73 480.82
Support 3 (S3) 475.78 482.58 479.63
Support 4 (S4) 476.09