Europe - BIT:1MELI - US58733R1023 - Common Stock
Taking everything into account, 1MELI scores 3 out of 10 in our technical rating. 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.
The technical rating of 1MELI is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
1,997.33
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) | 45.13 | NEUTRAL | The RSI value for 1MELI.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 55.67 | POSITIVE | The MACD value suggests 1MELI.MI has a positive trend, although the MACD value is declining. |
| Average Directional Index/ADX (14) | 17.22 | NEGATIVE | The low ADX value for 1MELI.MI suggests a weak or negative trend. |
BIT:1MELI (11/3/2025, 7:00:00 PM)
2017.5
+46.7 (+2.37%)
ChartMill assigns a technical rating of 3 / 10 to 1MELI.MI.
The current trend direction for MERCADOLIBRE INC (1MELI.MI) is Bullish.
MERCADOLIBRE INC (1MELI.MI) has an RSI value of 45.1321. This indicates that the stock is currently neutral.
The MACD indicator for MERCADOLIBRE INC (1MELI.MI) has a value of 55.6746, indicating a bullish trend.
The buy/sell signal for MERCADOLIBRE INC (1MELI.MI) is buy as both the short term and long term trends are positive.