FRA:MLB1 • US58733R1023
We assign a technical rating of 0 out of 10 to MLB1. MLB1 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
MLB1 has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1522.00. Right above this resistance zone may be a good entry point.
1,413.32
5 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The short term trend for MLB1.DE is down. |
| ChartMill Relative Strength | 9.98 | NEGATIVE | MLB1.DE has a low relative strength, it was outperformed by 90.02% 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) | 30.32 | NEUTRAL | The RSI value for MLB1.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.31 | NEGATIVE | The MACD value suggests MLB1.DE has a negative trend. |
| Stochastics (14,3) | 27.1 | NEUTRAL | The Stochastics value for MLB1.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 4.34 | MEDIUM VOLATILITY | The ATR as a percentage value for MLB1.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 38.07 | POSITIVE | The high ADX value value for MLB1.DE suggests a strong trend. |
FRA:MLB1 (3/12/2026, 7:00:00 PM)
1427.6
-81.6 (-5.41%)
ChartMill assigns a technical rating of 0 / 10 to MLB1.DE.
The current trend direction for MERCADOLIBRE INC (MLB1.DE) is Bearish.
MERCADOLIBRE INC (MLB1.DE) has an RSI value of 30.3211. This indicates that the stock is currently neutral.
The MACD indicator for MERCADOLIBRE INC (MLB1.DE) has a value of -1.31235, indicating a bearish trend.
MERCADOLIBRE INC (MLB1.DE) has a resistance level at 1522. Check the full technical report for our detailed analysis of MLB1.DE support and resistance levels.