MERCADOLIBRE INC (MLB1.DE) Stock Technical Analysis
FRA:MLB1 - Deutsche Boerse Ag - US58733R1023 - Common Stock - Currency: EUR
Overall MLB1 gets a technical rating of 4 out of 10. Although MLB1 is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month MLB1 has a been trading in the 1769.20 - 2292.50 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: MLB1 has an average volume of 126 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, MLB1 did better than 78% of all other stocks.
MLB1 is part of the Broadline Retail industry. There are 15 other stocks in this industry. MLB1 outperforms 71% of them.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
MLB1 is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
MLB1 has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1,582.80
1,808.71
When analyzing the support we can see 3 important areas.
- Support @1700.88 from a trend line in the weekly time frame.
- A support zone ranging from 1651.27 to 1652.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1598.79 to 1598.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 1769.21 to 1790.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.38
Mansfield0.14
10 Day High2202.5
10 Day Low1769.2
20 Day High2292.5
20 Day Low1769.2
52 Week High2292.5
52 Week Low1245.8
Performance
1 Week-12.42%
2 Weeks-19.49%
1 Month-9.08%
3 Month-5.92%
6 Month-1.21%
12 Month27.15%
2 Year46.17%
3 Year61.87%
5 Year293.29%
10 YearN/A
15 YearN/A
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)-33.16
RSI(14)37.35
LBB1803.29
UBB2204.97
FRA:MLB1 (3/7/2025, 7:00:00 PM)
1769.2
-172 (-8.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg-8.86%
1 Week-12.42%
2 Weeks-19.49%
1 Month-9.08%
3 Month-5.92%
6 Month-1.21%
12 Month27.15%
2 Year46.17%
3 Year61.87%
5 Year293.29%
10 YearN/A
15 YearN/A
Volatility
ATR(14)99.6
ATR(20)%4.67%
ATR Inc31.63%
Range Today140.6
ADR(20)58.58
ADR(20)%3.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.38
Mansfield0.14
10 Day High2202.5
10 Day Low1769.2
20 Day High2292.5
20 Day Low1769.2
52 Week High2292.5
52 Week Low1245.8
CS1 End1700.88
CR1 Start1769.21
Volume & EV
DER(3)-0.4%
DER(5)-0.6%
Volume214
Volume Incr5.62%
Vol(5)156
Vol(50)126.56