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Stock Charts AI Power Rank: 9.3
Power Rank trend -> Rising
05/16/2025 16:00:00 EST
MercadoLibre Inc. (MELI)
Industry: Internet Retail
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, MELI has been trading in a range between $2330.85 and $2037.12 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
MELI is breaking above top of the recent 20 day range at $2330.85 and appears that it could have some more upside. If it enters a yellow zone the trend may be faltering - consider exiting or taking profits. If it enters a red zone on the chart we would exit the position.
Upside / Downside Potential
MercadoLibre Inc. $MELI entered a Green zone 19 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $2572.5684, a potential upside of 2.71% from the recent price of 2504.61. The stock is trading 0.61% (potential upside) below its 52 week high of $2520.00 and 61.59 % (potential downside) above its 52 week low of $1550.00 - based on the recent price.
Company Summary
MercadoLibre, Inc operates online commerce platforms in Brazil, Mexico, Argentina, and internationally. The company operates Mercado Libre Marketplace, an online commerce platform that can be accessed through mobile app or website; and Mercado Pago, a financial technology solution platform, which offers comprehensive set of financial technology services to users and other users of its e-commerce platform.
News
| My 3 Favorite Stocks to Buy Right Now The market greeted the recent news about tariff cuts between the U.S. and China with great enthusiasm, as expected. The S&P 500 has climbed back to where it started the year, and if the new tariff deal doesn't derail consumer spending, the broader index could start to increase again. Source: The Motley Fool Fri, 16 May 2025 09:45:00 -0400 Sentiment: Neutral |
| Prediction: MercadoLibre Will Beat the Market. Here's Why. If you're happy with average market returns (and it's perfectly fine if you are), then owning a simple S&P 500 index fund will be all you need. If you're hoping to beat the market, though, that's going to require more. Source: The Motley Fool Fri, 16 May 2025 07:11:00 -0400 Sentiment: Positive |
| Baron Fifth Avenue Growth Fund Q1 2025 Top Contributors And Detractors xAI Holdings led performance with rapid AI innovation, Grok 3 launch, and the acquisition of X, positioning it as an AI industry leader. MercadoLibre delivered strong revenue and margin growth, reinforcing confidence in its leadership in Latin American e-commerce and fintech. Nvidia, despite a stock correction, remains a high-conviction holding due to its dominant AI platform and robust datacenter growth. Source: Seeking Alpha Thu, 15 May 2025 07:35:00 -0400 Sentiment: Positive |
| Baron Global Advantage Fund Q1 2025 Top Contributors And Detractors Strong performance from Bajaj Finance and MercadoLibre drove quarterly gains, supported by robust growth, solid earnings, and management continuity. Cloudflare remains a high-conviction holding due to durable top-line growth, expanding product offerings, and a unique edge network for AI applications. Nvidia's stock correction was driven by AI adoption concerns, but we maintain high conviction given its differentiated platform and strong datacenter performance. Source: Seeking Alpha Thu, 15 May 2025 07:30:00 -0400 Sentiment: Positive |
| Here's Why MercadoLibre (MELI) is a Strong Momentum Stock The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage. Source: Zacks Investment Research Wed, 14 May 2025 10:56:11 -0400 Sentiment: Positive |
Technicals 52 Week Hi: 2610.2956 52 Week Low: 1550 Beta: 1.613 50 Day MA: 2124.8923 200 Day MA: 2001.2853 Earnings / Revenue Trends Qtr Earnings Growth YOY: 0.437 Qtr Revenue Growth YOY: 0.37 Forward PE: 52.9101 Trailing PE: 63.441