MERCADOLIBRE INC (1MELI.MI) Technical Analysis
BIT:1MELI • US58733R1023
Current stock price
1MELI.MI Technical Rating and Analysis
We assign a technical rating of 1 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.
- When comparing the yearly performance of all stocks, 1MELI is a bad performer in the overall market: 100% of all stocks are doing better.
- 1MELI is one of the lesser performing stocks in the Broadline Retail industry. 91% of 13 stocks in the same industry do better.
- In the last month 1MELI has a been trading in the 1475.20 - 1954.00 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.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
1MELI.MI Weekly and Daily overview Charts
1MELI.MI Setup Rating and Analysis
The technical rating of 1MELI is bad and it also does not present a quality setup 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
1MELI.MI Support and Resistance Analysis
1,489.16
When analyzing the resistance we notice one important area.
- Resistance @1875.29 from a trend line in the daily time frame.
1MELI.MI Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for 1MELI.MI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | 1MELI.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of 1MELI.MI is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 34.31 | NEUTRAL | The RSI value for 1MELI.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -83.38 | NEGATIVE | The MACD value suggests 1MELI.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.83 | OVERSOLD | The low Stochastics value suggests 1MELI.MI may be oversold. |
| Average True Range in percent/ATR (20) | 6.42 | HIGH VOLATILITY | The high ATR as a percentage value for 1MELI.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 24.71 | NEUTRAL | The ADX value for 1MELI.MI suggests a possible start of a new trend. |
1MELI.MI Chart- and CandleStick Pattern Analysis
1MELI.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:1MELI (3/11/2026, 7:00:00 PM)
1504.2
-10 (-0.66%)
MERCADOLIBRE INC / 1MELI.MI TA FAQ
What is the technical rating for 1MELI stock?
ChartMill assigns a technical rating of 1 / 10 to 1MELI.MI.
What is the current trend direction of MERCADOLIBRE INC (1MELI.MI) stock?
The current trend direction for MERCADOLIBRE INC (1MELI.MI) is Bullish.
What is the RSI signal for 1MELI stock?
MERCADOLIBRE INC (1MELI.MI) has an RSI value of 34.3106. 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 -83.3813, indicating a bearish trend.
Can you provide the support and resistance levels for MERCADOLIBRE INC?
MERCADOLIBRE INC (1MELI.MI) has a resistance level at 1875.29. Check the full technical report for our detailed analysis of 1MELI.MI support and resistance levels.