MERCADOLIBRE INC (1MELI.MI) Technical Analysis
BIT:1MELI • US58733R1023
Current stock price
1MELI.MI Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to 1MELI. 1MELI performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- 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 part of the Broadline Retail industry. There are 14 other stocks in this industry, of which 76% are performing better than 1MELI.
- In the last month 1MELI has a been trading in the 1465.60 - 1954.00 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
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
1,510.34
2 important resistance areas can be observed.
- A resistance zone ranging from 1586.81 to 1591.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1813.80 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 | NEUTRAL | NEUTRAL | The short term trend for 1MELI.MI is neutral. |
| 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) | 38.33 | NEUTRAL | The RSI value for 1MELI.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -30.48 | NEGATIVE | The MACD value suggests 1MELI.MI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.16 | NEUTRAL | The Stochastics value for 1MELI.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 5.18 | HIGH VOLATILITY | The high ATR as a percentage value for 1MELI.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 26.6 | POSITIVE | The high ADX value value for 1MELI.MI suggests a strong trend. |
1MELI.MI Chart- and CandleStick Pattern Analysis
1MELI.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:1MELI (4/28/2026, 7:00:00 PM)
1525.6
-65.8 (-4.13%)
MERCADOLIBRE INC / 1MELI.MI TA FAQ
What is the technical rating for 1MELI stock?
ChartMill assigns a technical rating of 2 / 10 to 1MELI.MI.
What is the trend direction for 1MELI stock?
The current trend direction for MERCADOLIBRE INC (1MELI.MI) is Bullish.
Can you provide the RSI signal for MERCADOLIBRE INC?
MERCADOLIBRE INC (1MELI.MI) has an RSI value of 38.3296. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MERCADOLIBRE INC?
The short term momentum for MERCADOLIBRE INC (1MELI.MI) is neutral.