MERCADOLIBRE INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	MELI
ISIN:

MERCADOLIBRE INC. - Daily - Technical analysis published on 01/10/2025 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

39%

28%

33%

My opinion

Bearish under 1,817.98 USD

My targets

1,666.00 USD (-4.77%)

1,559.23 USD (-10.88%)

My analysis

MERCADOLIBRE INC. is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 1,817.98 USD. The next support located at 1,666.00 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1,559.23 USD. Below this support, sellers could then target 1,356.43 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

5.7

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The MERCADOLIBRE INC. rating is 1,749.50 USD. The price registered an increase of +0.60% on the session and was between 1,727.41 USD and 1,780.62 USD. This implies that the price is at +1.28% from its lowest and at -1.75% from its highest.

1,727.41

1,780.62

1,749.50

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

A technical analysis in Daily of this MERCADOLIBRE INC. chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Other results related to technical indicators were also found by the Central Indicators scanner:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:

Bullish engulfing lines

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1,356.43	1,559.23	1,666.00	1,749.50	1,817.98	1,984.34	2,135.54
Change (%)	-22.47%	-10.88%	-4.77%	-	+3.91%	+13.42%	+22.07%
Change	-393.07	-190.27	-83.50	-	+68.48	+234.84	+386.04
Level	Major	Intermediate	Major	-	Major	Major	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,696.53	1,713.83	1,726.41	1,743.71	1,756.29	1,773.59	1,786.17
Camarilla	1,730.78	1,733.52	1,736.26	1,739.00	1,741.74	1,744.48	1,747.22
Woodie	1,694.18	1,712.65	1,724.06	1,742.53	1,753.94	1,772.41	1,783.82
Fibonacci	1,713.83	1,725.24	1,732.29	1,743.71	1,755.12	1,762.17	1,773.59

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,577.80	1,635.40	1,734.79	1,792.39	1,891.78	1,949.38	2,048.77
Camarilla	1,791.00	1,805.39	1,819.78	1,834.17	1,848.56	1,862.95	1,877.34
Woodie	1,598.69	1,645.85	1,755.68	1,802.84	1,912.67	1,959.83	2,069.66
Fibonacci	1,635.40	1,695.37	1,732.42	1,792.39	1,852.36	1,889.41	1,949.38

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,200.96	1,423.48	1,561.96	1,784.48	1,922.96	2,145.48	2,283.96
Camarilla	1,601.17	1,634.26	1,667.35	1,700.44	1,733.53	1,766.62	1,799.72
Woodie	1,158.94	1,402.47	1,519.94	1,763.47	1,880.94	2,124.47	2,241.94
Fibonacci	1,423.48	1,561.38	1,646.58	1,784.48	1,922.38	2,007.58	2,145.48

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	42.17
MACD (12,26,9):	-41.1300
Directional Movement:	-8.55
AROON (14):	64.28
DEMA (21):	1,729.45
Parabolic SAR (0,02-0,02-0,2):	1,679.28
Elder Ray (13):	-23.64
Super Trend (3,10):	1,867.69
Zig ZAG (10):	1,739.00
VORTEX (21):	0.7900
Stochastique (14,3,5):	60.34
TEMA (21):	1,730.48
Williams %R (14):	-54.70
Chande Momentum Oscillator (20):	73.00
Repulse (5,40,3):	-2.5200
ROCnROLL:	2
TRIX (15,9):	-0.4200
Courbe Coppock:	4.95

MA7:	1,761.58
MA20:	1,772.13
MA50:	1,896.07
MA100:	1,970.74
MAexp7:	1,763.00
MAexp20:	1,789.83
MAexp50:	1,863.58
MAexp100:	1,883.65
Price / MA7:	-0.69%
Price / MA20:	-1.28%
Price / MA50:	-7.73%
Price / MA100:	-11.23%
Price / MAexp7:	-0.77%
Price / MAexp20:	-2.25%
Price / MAexp50:	-6.12%
Price / MAexp100:	-7.12%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The last news published on MERCADOLIBRE INC. at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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