MERCADOLIBRE INC (MLB1.DE) Stock Technical Analysis
FRA:MLB1 - Deutsche Boerse Ag - US58733R1023 - Common Stock - Currency: EUR
Overall MLB1 gets a technical rating of 5 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month MLB1 has a been trading in the 2013.50 - 2238.00 range, which is quite wide. It is currently trading near the lows of this range.
Warning: MLB1 has an average volume of 319 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, MLB1 did better than 86% of all other stocks.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
MLB1 is an average performer in the Broadline Retail industry, it outperforms 54% of 12 stocks in the same industry.
MLB1 is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MLB1 is lagging the market.
Although the technical rating is only medium, MLB1 does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 2047.50, a Stop Loss order could be placed below this zone.
More info and screens
1,582.81
2,353.30
4 important support areas can be observed.
- A support zone ranging from 2025.00 to 2047.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1834.30 from a trend line in the weekly time frame.
- Support @1741.91 from a trend line in the weekly time frame.
- Support @1598.80 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2072.35 to 2170.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | DOWN | NEGATIVE | The short term trend for MLB1.DE is down. |
| ChartMill Relative Strength | 86.92 | POSITIVE | MLB1.DE has a high relative strength, it outperformed 86.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MLB1.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MLB1.DE is below a declining 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) | 44.25 | NEUTRAL | The RSI value for MLB1.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -5.9 | NEGATIVE | The MACD value suggests MLB1.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.94 | OVERSOLD | The low Stochastics value suggests MLB1.DE may be oversold. |
| Average True Range in percent/ATR (20) | 2.46 | MEDIUM VOLATILITY | The ATR as a percentage value for MLB1.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 23.7 | 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)
FRA:MLB1 (7/18/2025, 7:00:00 PM)
2063.5
-9.5 (-0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg-0.46%
1 Week0.78%
2 Weeks-3.1%
1 Month-1.5%
3 Month12.37%
6 Month14.64%
12 Month36.86%
2 Year84.67%
3 Year164.55%
5 Year119.73%
10 YearN/A
15 YearN/A
Volatility
ATR(14)53.79
ATR(20)%2.46%
ATR Inc20.19%
Range Today51
ADR(20)46.1
ADR(20)%2.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.92
Mansfield0.03
10 Day High2148.5
10 Day Low2013.5
20 Day High2238
20 Day Low2013.5
52 Week High2337
52 Week Low1483.4
CS1 End2047.5
CR1 Start2072.35
Volume & EV
DER(3)0%
DER(5)0.42%
Volume517
Volume Incr23.34%
Vol(5)298
Vol(50)319.9