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MercadoLibre, Inc.

MELI Technical Analysis Summary (NASDAQ)

Analyze MELI on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

MELI●NASDAQ
Consumer CyclicalSpecialty Retail
$1860.61
$164.05(9.67%)
U.S. Market opens in 12h 36m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MELI Technical Analysis Summary (NASDAQ)

MercadoLibre, Inc. (NASDAQ: MELI) stock currently shows a neutral trend on the NASDAQ, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 55.35)
Trend Strength:Moderate (ADX: 23.97)
Volatility:Medium (ATR: 63.77)
Support/Resistance:$1661.65 – $1953.60 (Bollinger Bands)

Technical conditions suggest MercadoLibre, Inc. on the NASDAQ is awaiting a decisive move. Technical conditions suggest MercadoLibre, Inc. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 55.35

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 38.72

Bearish
Momentum remains weak below midpoint.

Williams %R: -3.61

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 1.93

Bullish
Steady upward momentum.

Takeaway:MercadoLibre, Inc. shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -39.00

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 23.97

Moderate
Moderate trend, direction gaining strength.

ATR (14): 63.77

Rising
Rising volatility, market activity increasing.

CCI (14): 90.00

Bullish
Bullish, momentum building upward.

Takeaway:MercadoLibre, Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1953.60
Middle Band (SMA 20)
$1807.62
Lower Band
$1661.65
Current Position
Within Bands

Takeaway:MercadoLibre, Inc. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$1926.28
Middle Line (EMA 20)
$1798.74
Lower Channel
$1671.19
Squeeze Status
No Squeeze

Takeaway:MercadoLibre, Inc. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume510.52K
Money Flow Index35.75Bearish, selling pressure outweighs inflows.
Relative Vigor Index57.34Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:MELI shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of MercadoLibre, Inc. (NASDAQ: MELI), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for MercadoLibre, Inc. are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: MELI) Technical Analysis FAQ