Europe - FRA:MLB1 - US58733R1023 - Common Stock
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.
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.
1,728.53
We found 1 important support area.
4 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 | NEUTRAL | NEUTRAL | The long term trend for MLB1.DE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MLB1.DE is down. |
| ChartMill Relative Strength | 15.5 | NEGATIVE | MLB1.DE has a low relative strength, it was outperformed by 84.5% 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) | 37.67 | NEUTRAL | The RSI value for MLB1.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -19.12 | NEGATIVE | The MACD value suggests MLB1.DE has a negative trend. |
| Stochastics (14,3) | 7.42 | OVERSOLD | The low Stochastics value suggests MLB1.DE may be oversold. |
| Average True Range in percent/ATR (20) | 4.16 | MEDIUM VOLATILITY | The ATR as a percentage value for MLB1.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 18.48 | NEGATIVE | The low ADX value for MLB1.DE suggests a weak or negative trend. |
FRA:MLB1 (11/14/2025, 7:00:00 PM)
1749
+3 (+0.17%)
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 37.6686. This indicates that the stock is currently neutral.
The short term momentum for MERCADOLIBRE INC (MLB1.DE) is negative.
MERCADOLIBRE INC (MLB1.DE) has a support level at 1748.99 and a resistance level at 1858.71. Check the full technical report for our detailed analysis of MLB1.DE support and resistance levels.