MERCADOLIBRE INC (MLB1.DE) Stock Technical Analysis
FRA:MLB1 • US58733R1023
Overall MLB1 gets a technical rating of 0 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, MLB1 is a bad performer in the overall market: 85% of all stocks are doing 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 1622.80 - 1946.00 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: MLB1 has an average volume of 311 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- MLB1 is part of the Broadline Retail industry. There are 14 other stocks in this industry, MLB1 did better than 61% of them.
MLB1 has a poor technical rating and the quality of the setup is also only medium 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
We found 2 important support areas.
- Support @1660.99 from a horizontal line in the weekly time frame.
- Support @1628.39 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 1724.30 to 1736.01. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1766.55 to 1778.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1865.01 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1897.00 to 1920.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2025.68 from a trend line in the daily time frame.
- Resistance @2085.50 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 | DOWN | NEGATIVE | The short term trend for MLB1.DE is down. |
| ChartMill Relative Strength | 15.35 | NEGATIVE | MLB1.DE has a low relative strength, it was outperformed by 84.65% 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) | 39.01 | NEUTRAL | The RSI value for MLB1.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -16.19 | NEGATIVE | The MACD value suggests MLB1.DE has a negative trend. |
| Stochastics (14,3) | 19.62 | OVERSOLD | The low Stochastics value suggests MLB1.DE may be oversold. |
| Average True Range in percent/ATR (20) | 3.97 | MEDIUM VOLATILITY | The ATR as a percentage value for MLB1.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 19.46 | NEGATIVE | The low ADX value for MLB1.DE suggests a weak or negative trend. |
FRA:MLB1 (2/16/2026, 11:11:39 AM)
1691.1
+30.1 (+1.81%)
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 39.0075. 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 -16.1895, indicating a bearish trend.
What is the support and resistance level for MLB1 stock?
MERCADOLIBRE INC (MLB1.DE) has a support level at 1660.99 and a resistance level at 1724.3. Check the full technical report for our detailed analysis of MLB1.DE support and resistance levels.