MERCADOLIBRE INC (1MELI.MI) Stock Technical Analysis
Europe - Euronext Milan - BIT:1MELI - US58733R1023 - Common Stock
We assign a technical rating of 3 out of 10 to 1MELI. In the last year, 1MELI was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
1MELI 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
1,774.28
When analyzing the resistance we notice one important area.
- Resistance @2029.01 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for 1MELI.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 1MELI.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | 1MELI.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Relative Strength Index/RSI (14) | 37.58 | NEUTRAL | The RSI value for 1MELI.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -76.08 | NEGATIVE | The MACD value suggests 1MELI.MI has a negative trend. |
| Stochastics (14,3) | 10.86 | OVERSOLD | The low Stochastics value suggests 1MELI.MI may be oversold. |
| Average Directional Index/ADX (14) | 23.14 | NEUTRAL | The ADX value for 1MELI.MI suggests a possible start of a new trend. |
BIT:1MELI (11/28/2025, 7:00:00 PM)
1792.2
+75.8 (+4.42%)
MERCADOLIBRE INC / 1MELI.MI FAQ
What is the technical rating for 1MELI stock?
ChartMill assigns a technical rating of 3 / 10 to 1MELI.MI.
Can you provide the trend direction for MERCADOLIBRE INC?
The current trend direction for MERCADOLIBRE INC (1MELI.MI) is Bullish.
What is the RSI signal for MERCADOLIBRE INC (1MELI.MI) stock?
MERCADOLIBRE INC (1MELI.MI) has an RSI value of 37.5772. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MERCADOLIBRE INC?
The MACD indicator for MERCADOLIBRE INC (1MELI.MI) has a value of -76.0755, indicating a bearish trend.
What is the buy/sell signal for 1MELI stock?
The buy/sell signal for MERCADOLIBRE INC (1MELI.MI) is buy as both the short term and long term trends are positive.