MERCADOLIBRE INC.

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	MELI
ISIN:

MERCADOLIBRE INC. - 1H - Technical analysis published on 04/15/2025 (GMT)

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

78%

11%

My opinion

Bullish above 2,059.80 USD

My targets

2,114.87 USD (+0.80%)

2,191.30 USD (+4.45%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on MERCADOLIBRE INC. as long as the price remains well above 2,059.80 USD. The buyers' bullish objective is set at 2,114.87 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2,191.30 USD. If there is any crossing, the next objective would be the resistance located at 2,260.00 USD.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.4

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 2,098.00 USD. The price registered an increase of +2.99% on the session and was between 2,043.01 USD and 2,117.75 USD. This implies that the price is at +2.69% from its lowest and at -0.93% from its highest.

2,043.01

2,117.75

2,098.00

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

Technical

Technical analysis of this 1H chart of MERCADOLIBRE INC. indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase is high given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1 (Daily)

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 1 (Weekly)

Type : Neutral

Timeframe : 1 hour

Pivot points : price is over resistance 1 (Monthly)

Type : Neutral

Timeframe : 1 hour

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near resistance of channel

Type : Bearish

Timeframe : 1 hour

Horizontal resistance is broken

Type : Bullish

Timeframe : 1 hour

The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

Black gravestone / inverted hammer

Type : Bearish

Timeframe : 1 hour

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	1,863.44	1,984.34	2,059.80	2,098.00	2,114.87	2,191.30	2,260.00
Change (%)	-11.18%	-5.42%	-1.82%	-	+0.80%	+4.45%	+7.72%
Change	-234.56	-113.66	-38.20	-	+16.87	+93.30	+162.00
Level	Intermediate	Major	Intermediate	-	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	1,924.75	1,962.37	1,999.75	2,037.37	2,074.75	2,112.37	2,149.75
Camarilla	2,016.50	2,023.37	2,030.25	2,037.12	2,044.00	2,050.87	2,057.75
Woodie	1,924.62	1,962.31	1,999.62	2,037.31	2,074.62	2,112.31	2,149.62
Fibonacci	1,962.37	1,991.02	2,008.72	2,037.37	2,066.02	2,083.72	2,112.37

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,533.51	1,628.70	1,812.83	1,908.02	2,092.15	2,187.34	2,371.47
Camarilla	1,920.14	1,945.74	1,971.35	1,996.95	2,022.55	2,048.16	2,073.76
Woodie	1,577.97	1,650.94	1,857.29	1,930.26	2,136.61	2,209.58	2,415.93
Fibonacci	1,628.70	1,735.40	1,801.32	1,908.02	2,014.72	2,080.64	2,187.34

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1,524.58	1,710.29	1,830.58	2,016.29	2,136.58	2,322.29	2,442.58
Camarilla	1,866.72	1,894.77	1,922.82	1,950.87	1,978.92	2,006.97	2,035.02
Woodie	1,491.87	1,693.94	1,797.87	1,999.94	2,103.87	2,305.94	2,409.87
Fibonacci	1,710.29	1,827.18	1,899.40	2,016.29	2,133.18	2,205.40	2,322.29

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	65.03
MACD (12,26,9):	35.9400
Directional Movement:	21.45
AROON (14):	50.00
DEMA (21):	2,037.99
Parabolic SAR (0,02-0,02-0,2):	2,007.89
Elder Ray (13):	45.32
Super Trend (3,10):	1,957.33
Zig ZAG (10):	2,054.59
VORTEX (21):	1.1000
Stochastique (14,3,5):	76.10
TEMA (21):	2,055.03
Williams %R (14):	-18.18
Chande Momentum Oscillator (20):	85.02
Repulse (5,40,3):	-1.1400
ROCnROLL:	1
TRIX (15,9):	0.2600
Courbe Coppock:	9.24

MA7:	1,946.82
MA20:	1,999.12
MA50:	2,038.95
MA100:	1,945.97
MAexp7:	2,029.01
MAexp20:	1,990.45
MAexp50:	1,953.09
MAexp100:	1,962.54
Price / MA7:	+7.77%
Price / MA20:	+4.95%
Price / MA50:	+2.90%
Price / MA100:	+7.81%
Price / MAexp7:	+3.40%
Price / MAexp20:	+5.40%
Price / MAexp50:	+7.42%
Price / MAexp100:	+6.90%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The latest news and videos published on MERCADOLIBRE INC. at the time of the analysis were as follows:

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

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