Technical Analysis for MELI - MercadoLibre, Inc.

Grade Last Price % Change Price Change
grade B 630.0 -6.45% -43.46
MELI closed down 6.45 percent on Tuesday, February 25, 2020, on 2.37 times normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.

Trend Table & Recent Signals

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

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
Expansion Pivot Sell Setup Bearish Swing Setup 0.00%
Wide Range Bar Range Expansion 0.00%
Outside Day Range Expansion 0.00%
Down 3 Days in a Row Weakness 0.00%
Fell Below 20 DMA Bearish -6.45%
MACD Bearish Signal Line Cross Bearish -6.45%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -6.45%
Overbought Stochastic Strength -6.45%

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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

Indicators

Indicator Value
52 Week High 756.48
52 Week Low 436.45
Average Volume 530,604
200-Day Moving Average 599.08
50-Day Moving Average 648.59
20-Day Moving Average 688.69
10-Day Moving Average 705.71
Average True Range 31.38
ADX 22.45
+DI 23.80
-DI 33.58
Chandelier Exit (Long, 3 ATRs ) 662.34
Chandelier Exit (Short, 3 ATRs ) 703.01
Upper Bollinger Band 756.63
Lower Bollinger Band 620.75
Percent B (%b) 0.07
BandWidth 19.73
MACD Line 13.14
MACD Signal Line 19.31
MACD Histogram -6.1762
Fundamentals Value
Market Cap 27.81 Billion
Num Shares 44.1 Million
EPS 3.26
Price-to-Earnings (P/E) Ratio 193.25
Price-to-Sales 9.38
Price-to-Book 22.03
PEG Ratio 2.27
Dividend 0.60
Dividend Yield 0.10%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 742.65
Resistance 3 (R3) 754.13 728.07 723.88
Resistance 2 (R2) 728.07 699.38 722.33 717.61
Resistance 1 (R1) 679.03 681.65 666.00 667.55 711.36
Pivot Point 652.97 652.97 646.45 647.23 652.97
Support 1 (S1) 603.93 624.28 590.90 592.45 548.64
Support 2 (S2) 577.87 606.55 572.13 542.39
Support 3 (S3) 528.83 577.87 536.13
Support 4 (S4) 517.35