MERCADOLIBRE INC (MLB1.DE) Stock Technical Analysis
Europe - Frankfurt Stock Exchange - FRA:MLB1 - US58733R1023 - Common Stock
Taking everything into account, MLB1 scores 5 out of 10 in our technical rating. In the past year, MLB1 was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
MLB1 has an average technical rating and it also does not offer a high 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
1,612.11
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1784.48 to 1802.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1697.11 from a trend line in the weekly time frame.
- Support @1664.19 from a horizontal line in the weekly time frame.
- A support zone ranging from 1628.39 to 1634.40. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @1883.67 from a trend line in the daily time frame.
- A resistance zone ranging from 1961.37 to 1974.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2085.50 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2124.00 to 2138.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for MLB1.DE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MLB1.DE is up. |
| ChartMill Relative Strength | 45.66 | NEUTRAL | MLB1.DE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MLB1.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MLB1.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MLB1.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.4 | NEUTRAL | The RSI value for MLB1.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 24.82 | POSITIVE | The MACD value suggests MLB1.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.17 | OVERBOUGHT | The high Stochastics value suggests MLB1.DE may be overbought. |
| Average True Range in percent/ATR (20) | 2.93 | MEDIUM VOLATILITY | The ATR as a percentage value for MLB1.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 18.55 | NEGATIVE | The low ADX value for MLB1.DE suggests a weak or negative trend. |
FRA:MLB1 (1/9/2026, 7:00:00 PM)
1865
+3.2 (+0.17%)
MERCADOLIBRE INC / MLB1.DE FAQ
What is the technical rating for MLB1 stock?
ChartMill assigns a technical rating of 5 / 10 to MLB1.DE.
What is the trend direction for MLB1 stock?
The current trend direction for MERCADOLIBRE INC (MLB1.DE) is Bearish.
Can you provide the RSI signal for MERCADOLIBRE INC?
MERCADOLIBRE INC (MLB1.DE) has an RSI value of 60.3996. This indicates that the stock is currently neutral.
What is the MACD signal for MERCADOLIBRE INC (MLB1.DE) stock?
The MACD indicator for MERCADOLIBRE INC (MLB1.DE) has a value of 24.8191, indicating a bullish trend.
What is the support and resistance level for MLB1 stock?
MERCADOLIBRE INC (MLB1.DE) has a support level at 1802.47 and a resistance level at 1883.67. Check the full technical report for our detailed analysis of MLB1.DE support and resistance levels.