MERCADOLIBRE INC (MELI)
US58733R1023 - Common Stock
Overall MELI gets a technical rating of 0 out of 10. MELI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
62% of all other stocks performed better in the past year than MELI.
MELI is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
MELI is part of the Broadline Retail industry. There are 32 other stocks in this industry, MELI did better than 51% of them.
MELI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MELI is lagging the market.
MELI has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1,598.87
2,161.50
3 important support areas can be observed.
- Support @1720.35 from a horizontal line in the weekly time frame.
- A support zone ranging from 1665.99 to 1673.33. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 1615.02 to 1623.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1732.77 to 1760.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2091.16 from a horizontal line in the daily time frame.
- Resistance @2140.10 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38
Mansfield-1.16
10 Day High1924.95
10 Day Low1646
20 Day High2115.2
20 Day Low1646
52 Week High2161.73
52 Week Low1324.99
Performance
1 Week0.95%
2 Weeks-8.7%
1 Month-17.88%
3 Month-16.08%
6 Month5.44%
12 Month10.26%
2 Year104.76%
3 Year28.5%
5 Year202.96%
10 Year1257.22%
15 Year3240.58%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-11.46
RSI(14)37.49
LBB1638.89
UBB1957.92
MERCADOLIBRE INC
NASDAQ:MELI (12/26/2024, 9:31:53 PM)
After market: 1732.76 0 (0%)1732.76
-10.53 (-0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg-0.6%
1 Week0.95%
2 Weeks-8.7%
1 Month-17.88%
3 Month-16.08%
6 Month5.44%
12 Month10.26%
2 Year104.76%
3 Year28.5%
5 Year202.96%
10 Year1257.22%
15 Year3240.58%
Volatility
ATR(14)60.28
ATR(20)%3.59%
ATR Inc-64.98%
Range Today22.14
ADR(20)59.83
ADR(20)%3.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38
Mansfield-1.16
10 Day High1924.95
10 Day Low1646
20 Day High2115.2
20 Day Low1646
52 Week High2161.73
52 Week Low1324.99
CS1 End1720.35
CR1 Start1732.77
Volume & EV
DER(3)0.92%
DER(5)0.55%
Volume156.10K
Volume Incr14.38%
Vol(5)482.38K
Vol(50)465.01K