MERCADOLIBRE INC (MLB1.DE) Stock Technical Analysis
Europe • Frankfurt Stock Exchange • FRA:MLB1 • US58733R1023
Taking everything into account, MLB1 scores 0 out of 10 in our technical rating. MLB1's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 80% of all other stocks performed better in the past year than MLB1.
- MLB1 is one of the lesser performing stocks in the Broadline Retail industry. 69% of 14 stocks in the same industry do better.
- MLB1 is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month MLB1 has a been trading in the 1725.00 - 1946.00 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Warning: MLB1 has an average volume of 333 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of MLB1 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
1,612.11
3 important support areas can be observed.
- Support @1715.91 from a trend line in the weekly time frame.
- A support zone ranging from 1664.19 to 1664.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1628.39 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 1778.16 to 1865.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1918.00 to 1937.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2034.58 from a trend line in the daily time frame.
- Resistance @2085.50 from a horizontal line in the daily time frame.
- Resistance @2202.50 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for MLB1.DE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MLB1.DE is neutral. |
| ChartMill Relative Strength | 20.18 | NEGATIVE | MLB1.DE has a low relative strength, it was outperformed by 79.82% 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) | DOWN | NEGATIVE | The current price of MLB1.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.52 | NEUTRAL | The RSI value for MLB1.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.36 | NEGATIVE | The MACD value suggests MLB1.DE has a negative trend. |
| Stochastics (14,3) | 38.82 | NEUTRAL | The Stochastics value for MLB1.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.43 | MEDIUM VOLATILITY | The ATR as a percentage value for MLB1.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 12.89 | NEGATIVE | The low ADX value for MLB1.DE suggests a weak or negative trend. |
FRA:MLB1 (2/4/2026, 5:21:22 PM)
1747.8
-22 (-1.24%)
MERCADOLIBRE INC / MLB1.DE FAQ
What is the technical rating for MLB1 stock?
ChartMill assigns a technical rating of 0 / 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 45.5168. 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 -3.35923, indicating a bearish trend.
What is the support and resistance level for MLB1 stock?
MERCADOLIBRE INC (MLB1.DE) has a support level at 1715.91 and a resistance level at 1778.16. Check the full technical report for our detailed analysis of MLB1.DE support and resistance levels.