MERCADOLIBRE INC (MLB1.DE) Stock Technical Analysis
FRA:MLB1 - US58733R1023 - Common Stock
2102 EUR
-33.5 (-1.57%)
We assign a technical rating of 7 out of 10 to MLB1. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MLB1 is only an average performer.
MLB1 is part of the Broadline Retail industry. There are 10 other stocks in this industry, of which 77% are performing better than MLB1.
Warning: MLB1 has an average volume of 315 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
MLB1 is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MLB1 is lagging the market slightly.
In the last month MLB1 has a been trading in the 1943.60 - 2145.00 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, MLB1 outperforms 49% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
Although MLB1 has an excellent technical rating, the quality of the presented setup is not ideal 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
1,582.81
2,353.30
When analyzing the support we can see 4 important areas.
- A support zone ranging from 1985.00 to 2070.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1886.02 from a trend line in the weekly time frame.
- Support @1685.04 from a trend line in the daily time frame.
- Support @1598.80 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2330.00 to 2330.00. 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 | UP | POSITIVE | The long term trend for MLB1.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MLB1.DE is up. |
| ChartMill Relative Strength | 49.26 | 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) | UP | POSITIVE | The current price of MLB1.DE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.52 | NEUTRAL | The RSI value for MLB1.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 13.25 | POSITIVE | The MACD value suggests MLB1.DE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.67 | OVERBOUGHT | The high Stochastics value suggests MLB1.DE may be overbought. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for MLB1.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 20.81 | NEUTRAL | The ADX value for MLB1.DE suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2,145.01 | 2,005.99 | 139.02 (6.48%) | 15.43% |
| An entry @2145.01. This is a Buy Stop order right above the 10 day high. | An exit @2005.99. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 139.02 points, which is 6.48%. | For a 1.00% total portfolio risk, you can invest 15.43% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:MLB1 (8/29/2025, 7:00:00 PM)
2102
-33.5 (-1.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg-1.57%
1 Week2.64%
2 Weeks2.34%
1 Month2.31%
3 Month-6.29%
6 Month4.06%
12 Month14.15%
2 Year67.68%
3 Year146.11%
5 Year120.15%
10 YearN/A
15 YearN/A
Volatility
ATR(14)43.42
ATR(20)%2.48%
ATR Inc58.27%
Range Today43
ADR(20)50.13
ADR(20)%2.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.26
Mansfield-0.09
10 Day High2145
10 Day Low2006
20 Day High2145
20 Day Low1943.6
52 Week High2337
52 Week Low1520.2
CS1 End2070.28
CR1 Start2330
Volume & EV
DER(3)0.32%
DER(5)0.19%
Volume552
Volume Incr24.02%
Vol(5)432.2
Vol(50)315.82