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MercadoLibre Inc
Buy, Hold or Sell?

Let's analyze MercadoLibre Inc together

I guess you are interested in MercadoLibre Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of MercadoLibre Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of MercadoLibre Inc (30 sec.)










What can you expect buying and holding a share of MercadoLibre Inc? (30 sec.)

How much money do you get?

How much money do you get?
‚ā¨0.00
When do you have the money?
1 year
How often do you get paid?
27.8%

What is your share worth?

Current worth
‚ā¨61.67
Expected worth in 1 year
‚ā¨85.87
How sure are you?
66.7%

+ What do you gain per year?

Total Gains per Share
‚ā¨24.20
Return On Investment
1.6%

For what price can you sell your share?

Current Price per Share
‚ā¨1,541.00
Expected price per share
‚ā¨1,442 - ‚ā¨1,643
How sure are you?
50%
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1. Valuation of MercadoLibre Inc (5 min.)




Live pricePrice per Share (EOD)

‚ā¨1,541.00

Intrinsic Value Per Share

‚ā¨1,909.13 - ‚ā¨2,275.61

Total Value Per Share

‚ā¨1,970.80 - ‚ā¨2,337.28

2. Growth of MercadoLibre Inc (5 min.)




Is MercadoLibre Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$3.3b$1.7b$1b38.2%

How much money is MercadoLibre Inc making?

Current yearPrevious yearGrowGrow %
Making money$282.5m$154.5m$128m45.3%
Net Profit Margin7.3%5.3%--

How much money comes from the company's main activities?

3. Financial Health of MercadoLibre Inc (5 min.)




4. Comparing to competitors in the Other industry (5 min.)




  Industry Rankings (Other)  

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What can you expect buying and holding a share of MercadoLibre Inc? (5 min.)

Welcome investor! MercadoLibre Inc's management wants to use your money to grow the business. In return you get a share of MercadoLibre Inc.

What can you expect buying and holding a share of MercadoLibre Inc?

First you should know what it really means to hold a share of MercadoLibre Inc. And how you can make/lose money.

Speculation

The Price per Share of MercadoLibre Inc is ‚ā¨1,541. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of MercadoLibre Inc.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in MercadoLibre Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is ‚ā¨61.67. Based on the TTM, the Book Value Change Per Share is ‚ā¨6.05 per quarter. Based on the YOY, the Book Value Change Per Share is ‚ā¨2.10 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is ‚ā¨0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of MercadoLibre Inc.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 ‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share‚ā¨% of Price per Share
Usd Eps6.790.4%5.600.4%3.070.2%1.830.1%1.740.1%
Usd Book Value Change Per Share6.290.4%6.560.4%2.270.1%3.720.2%3.720.2%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share6.290.4%6.560.4%2.270.1%3.720.2%3.720.2%
Usd Price Per Share1,517.94-1,382.88-929.28-1,078.39-1,049.81-
Price to Earnings Ratio55.92-69.01-75.70-35.74-34.04-
Price-to-Total Gains Ratio241.21-223.96--743.92--30.30--30.30-
Price to Book Ratio22.70-24.53-26.14--11.98--11.41-
Price-to-Total Gains Ratio241.21-223.96--743.92--30.30--30.30-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1671.0604
Number of shares0
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share6.563.72
Usd Total Gains Per Share6.563.72
Gains per Quarter (0 shares)0.000.00
Gains per Year (0 shares)0.000.00
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
100-1000-10
200-1000-10
300-1000-10
400-1000-10
500-1000-10
600-1000-10
700-1000-10
800-1000-10
900-1000-10
1000-1000-10

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%11.01.00.091.7%13.05.00.072.2%13.05.00.072.2%13.05.00.072.2%
Book Value Change Per Share4.00.00.0100.0%11.01.00.091.7%12.06.00.066.7%12.06.00.066.7%12.06.00.066.7%
Dividend per Share0.00.04.00.0%0.00.012.00.0%5.00.013.027.8%5.00.013.027.8%5.00.013.027.8%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%12.06.00.066.7%12.06.00.066.7%12.06.00.066.7%
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Fundamentals of MercadoLibre Inc

About MercadoLibre Inc

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There is no Profile data available for MLB1.BE.

Fundamental data was last updated by Penke on 2024-07-05 21:34:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is just able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is expensive.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is cheap.
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1.1. Profitability of MercadoLibre Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†MercadoLibre Inc earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare¬†MercadoLibre Inc to the¬†Other industry mean.
  • A Net Profit Margin of 7.9%¬†means that¬†€0.08 for each €1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of MercadoLibre Inc:

  • The MRQ is 7.9%. The company is making a profit. +1
  • The TTM is 7.3%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ7.9%TTM7.3%+0.7%
TTM7.3%YOY5.3%+1.9%
TTM7.3%5Y1.5%+5.8%
5Y1.5%10Y1.5%0.0%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ7.9%5.6%+2.3%
TTM7.3%5.2%+2.1%
YOY5.3%5.8%-0.5%
5Y1.5%6.0%-4.5%
10Y1.5%6.1%-4.6%
1.1.2. Return on Assets

Shows how efficient MercadoLibre Inc is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†MercadoLibre Inc to the¬†Other industry mean.
  • 1.8% Return on Assets means that¬†MercadoLibre Inc generated¬†€0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of MercadoLibre Inc:

  • The MRQ is 1.8%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.7%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.8%TTM1.7%+0.1%
TTM1.7%YOY1.2%+0.5%
TTM1.7%5Y0.5%+1.2%
5Y0.5%10Y0.5%+0.0%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8%1.1%+0.7%
TTM1.7%1.0%+0.7%
YOY1.2%1.4%-0.2%
5Y0.5%1.2%-0.7%
10Y0.5%1.4%-0.9%
1.1.3. Return on Equity

Shows how efficient MercadoLibre Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†MercadoLibre Inc to the¬†Other industry mean.
  • 10.1% Return on Equity means MercadoLibre Inc generated €0.10¬†for each¬†€1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of MercadoLibre Inc:

  • The MRQ is 10.1%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 10.1%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ10.1%TTM10.1%+0.1%
TTM10.1%YOY8.6%+1.4%
TTM10.1%5Y11.4%-1.4%
5Y11.4%10Y10.9%+0.5%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ10.1%3.5%+6.6%
TTM10.1%3.3%+6.8%
YOY8.6%4.6%+4.0%
5Y11.4%3.7%+7.7%
10Y10.9%3.7%+7.2%
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1.2. Operating Efficiency of MercadoLibre Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient MercadoLibre Inc is operating .

  • Measures how much profit MercadoLibre Inc makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare¬†MercadoLibre Inc to the¬†Other industry mean.
  • An Operating Margin of 0.0%¬†means the company generated €0.00 ¬†for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of MercadoLibre Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y1.5%-1.5%
5Y1.5%10Y1.9%-0.4%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ-8.5%-8.5%
TTM-9.5%-9.5%
YOY-8.1%-8.1%
5Y1.5%5.2%-3.7%
10Y1.9%6.8%-4.9%
1.2.2. Operating Ratio

Measures how efficient MercadoLibre Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Other industry mean).
  • An Operation Ratio of 1.41 means that the operating costs are €1.41 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of MercadoLibre Inc:

  • The MRQ is 1.411. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.379. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.411TTM1.379+0.032
TTM1.379YOY1.390-0.011
TTM1.3795Y1.476-0.097
5Y1.47610Y1.4760.000
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4111.231+0.180
TTM1.3791.253+0.126
YOY1.3901.242+0.148
5Y1.4761.264+0.212
10Y1.4761.363+0.113
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1.3. Liquidity of MercadoLibre Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if MercadoLibre Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Other industry mean).
  • A Current Ratio of 1.27¬†means the company has €1.27 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of MercadoLibre Inc:

  • The MRQ is 1.265. The company is just able to pay all its short-term debts.
  • The TTM is 1.269. The company is just able to pay all its short-term debts.
Trends
Current periodCompared to+/- 
MRQ1.265TTM1.269-0.004
TTM1.269YOY1.299-0.031
TTM1.2695Y1.563-0.294
5Y1.56310Y1.622-0.060
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2651.422-0.157
TTM1.2691.508-0.239
YOY1.2991.553-0.254
5Y1.5631.542+0.021
10Y1.6221.499+0.123
1.3.2. Quick Ratio

Measures if MercadoLibre Inc is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†MercadoLibre Inc to the¬†Other industry mean.
  • A Quick Ratio of 0.11¬†means the company can pay off €0.11 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of MercadoLibre Inc:

  • The MRQ is 0.110. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.141. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.110TTM0.141-0.031
TTM0.141YOY0.144-0.004
TTM0.1415Y0.408-0.267
5Y0.40810Y0.452-0.045
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1100.564-0.454
TTM0.1410.576-0.435
YOY0.1440.578-0.434
5Y0.4080.604-0.196
10Y0.4520.603-0.151
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1.4. Solvency of MercadoLibre Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of MercadoLibre Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†MercadoLibre Inc to Other industry mean.
  • A Debt to Asset Ratio of 0.82¬†means that MercadoLibre Inc assets are¬†financed with 82.2% credit (debt) and the remaining percentage (100% - 82.2%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of MercadoLibre Inc:

  • The MRQ is 0.822. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.833. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.822TTM0.833-0.010
TTM0.833YOY0.862-0.030
TTM0.8335Y0.785+0.048
5Y0.78510Y0.770+0.015
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8220.527+0.295
TTM0.8330.525+0.308
YOY0.8620.549+0.313
5Y0.7850.556+0.229
10Y0.7700.565+0.205
1.4.2. Debt to Equity Ratio

Measures if MercadoLibre Inc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†MercadoLibre Inc to the¬†Other industry mean.
  • A Debt to Equity ratio of 462.3% means that company has €4.62 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of MercadoLibre Inc:

  • The MRQ is 4.623. The company is unable to pay all its debts with equity. -1
  • The TTM is 5.005. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ4.623TTM5.005-0.382
TTM5.005YOY6.265-1.260
TTM5.0055Y9.870-4.865
5Y9.87010Y9.444+0.426
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ4.6231.113+3.510
TTM5.0051.095+3.910
YOY6.2651.190+5.075
5Y9.8701.300+8.570
10Y9.4441.451+7.993
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2. Market Valuation of MercadoLibre Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures¬†how much money you pay¬†for each share for¬†every €1 in earnings MercadoLibre Inc generates.

  • Above 15 is considered overpriced but¬†always compare¬†MercadoLibre Inc to the¬†Other industry mean.
  • A PE ratio of 55.92 means the investor is paying €55.92¬†for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of MercadoLibre Inc:

  • The EOD is 61.560. Based on the earnings, the company is expensive. -2
  • The MRQ is 55.919. Based on the earnings, the company is expensive. -2
  • The TTM is 69.010. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD61.560MRQ55.919+5.641
MRQ55.919TTM69.010-13.091
TTM69.010YOY75.697-6.687
TTM69.0105Y35.739+33.271
5Y35.73910Y34.037+1.702
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD61.56013.251+48.309
MRQ55.91911.870+44.049
TTM69.01011.033+57.977
YOY75.69711.330+64.367
5Y35.73911.874+23.865
10Y34.03712.710+21.327
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of MercadoLibre Inc:

  • The EOD is 15.525. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 14.103. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 14.184. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD15.525MRQ14.103+1.423
MRQ14.103TTM14.184-0.081
TTM14.184YOY14.303-0.119
TTM14.1845Y37.062-22.878
5Y37.06210Y35.297+1.765
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD15.5255.379+10.146
MRQ14.1035.065+9.038
TTM14.1844.265+9.919
YOY14.3031.958+12.345
5Y37.0622.492+34.570
10Y35.2973.557+31.740
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of MercadoLibre Inc is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy¬†(always compare to Other industry mean).
  • A PB ratio of 22.70 means the investor is paying €22.70¬†for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of MercadoLibre Inc:

  • The EOD is 24.987. Based on the equity, the company is expensive. -2
  • The MRQ is 22.698. Based on the equity, the company is expensive. -2
  • The TTM is 24.533. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD24.987MRQ22.698+2.290
MRQ22.698TTM24.533-1.835
TTM24.533YOY26.138-1.605
TTM24.5335Y-11.983+36.516
5Y-11.98310Y-11.412-0.571
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD24.9871.641+23.346
MRQ22.6981.376+21.322
TTM24.5331.357+23.176
YOY26.1381.375+24.763
5Y-11.9831.567-13.550
10Y-11.4121.653-13.065
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of MercadoLibre Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--5.8036.049-4%2.096+177%3.426+69%3.426+69%
Book Value Per Share--61.67252.267+18%32.465+90%28.678+115%27.312+126%
Current Ratio--1.2651.2690%1.299-3%1.563-19%1.622-22%
Debt To Asset Ratio--0.8220.833-1%0.862-5%0.785+5%0.770+7%
Debt To Equity Ratio--4.6235.005-8%6.265-26%9.870-53%9.444-51%
Dividend Per Share----0%-0%0.004-100%0.004-100%
Eps--6.2585.160+21%2.835+121%1.686+271%1.606+290%
Free Cash Flow Per Share--24.81423.850+4%16.626+49%9.985+149%9.985+149%
Free Cash Flow To Equity Per Share--24.81423.127+7%19.613+27%12.931+92%12.931+92%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--2275.610--------
Intrinsic Value_10Y_min--1909.129--------
Intrinsic Value_1Y_max--81.217--------
Intrinsic Value_1Y_min--79.689--------
Intrinsic Value_3Y_max--355.914--------
Intrinsic Value_3Y_min--337.527--------
Intrinsic Value_5Y_max--765.510--------
Intrinsic Value_5Y_min--700.896--------
Market Cap--70966279311.60064428858279.750+10%43074118999.450+65%47260183550.003+50%45009698619.050+58%
Net Profit Margin--0.0790.073+9%0.053+49%0.015+444%0.015+426%
Operating Margin----0%-0%0.015-100%0.019-100%
Operating Ratio--1.4111.379+2%1.390+2%1.476-4%1.476-4%
Pb Ratio24.987+9%22.69824.533-7%26.138-13%-11.983+153%-11.412+150%
Pe Ratio61.560+9%55.91969.010-19%75.697-26%35.739+56%34.037+64%
Price Per Share1541.000+9%1399.8001275.250+10%856.950+63%994.460+41%968.101+45%
Price To Free Cash Flow Ratio15.525+9%14.10314.184-1%14.303-1%37.062-62%35.297-60%
Price To Total Gains Ratio265.537+9%241.207223.960+8%-743.923+408%-30.297+113%-30.297+113%
Quick Ratio--0.1100.141-22%0.144-24%0.408-73%0.452-76%
Return On Assets--0.0180.017+8%0.012+51%0.005+283%0.005+291%
Return On Equity--0.1010.101+1%0.086+17%0.114-11%0.109-7%
Total Gains Per Share--5.8036.049-4%2.096+177%3.431+69%3.431+69%
Usd Book Value--3390481786.8002863906960.620+18%1769751481.340+92%1780727591.043+90%1806077452.777+88%
Usd Book Value Change Per Share--6.2936.560-4%2.273+177%3.715+69%3.715+69%
Usd Book Value Per Share--66.87756.678+18%35.205+90%31.098+115%29.618+126%
Usd Dividend Per Share----0%-0%0.005-100%0.005-100%
Usd Eps--6.7865.596+21%3.074+121%1.829+271%1.742+290%
Usd Free Cash Flow--1364193851.6801306435644.250+4%906378796.250+51%499059416.246+173%480314871.697+184%
Usd Free Cash Flow Per Share--26.90925.863+4%18.030+49%10.828+149%10.828+149%
Usd Free Cash Flow To Equity Per Share--26.90925.079+7%21.268+27%14.023+92%14.023+92%
Usd Market Cap--76955833285.49969866653918.561+10%46709574643.004+65%51248943041.623+50%48808517182.498+58%
Usd Price Per Share1671.060+9%1517.9431382.881+10%929.277+63%1078.392+41%1049.809+45%
Usd Profit--344048889.280282540148.900+22%154521957.540+123%85598863.582+302%82087759.893+319%
Usd Revenue--4333615805.9603942810272.570+10%2869157706.750+51%2118171891.812+105%2039870246.116+112%
Usd Total Gains Per Share--6.2936.560-4%2.273+177%3.720+69%3.720+69%
 EOD+2 -4MRQTTM+24 -8YOY+28 -45Y+25 -1010Y+25 -10

3.2. Fundamental Score

Let's check the fundamental score of MercadoLibre Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1561.560
Price to Book Ratio (EOD)Between0-124.987
Net Profit Margin (MRQ)Greater than00.079
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.110
Current Ratio (MRQ)Greater than11.265
Debt to Asset Ratio (MRQ)Less than10.822
Debt to Equity Ratio (MRQ)Less than14.623
Return on Equity (MRQ)Greater than0.150.101
Return on Assets (MRQ)Greater than0.050.018
Total3/10 (30.0%)

3.3. Technical Score

Let's check the technical score of MercadoLibre Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5051.631
Ma 20Greater thanMa 501,537.140
Ma 50Greater thanMa 1001,531.672
Ma 100Greater thanMa 2001,467.010
OpenGreater thanClose1,541.000
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2024-03-31. Currency in USD. All numbers in thousands.

Summary
Total Assets19,062,000
Total Liabilities15,672,000
Total Stockholder Equity3,390,000
 As reported
Total Liabilities 15,672,000
Total Stockholder Equity+ 3,390,000
Total Assets = 19,062,000

Assets

Total Assets19,062,000
Total Current Assets15,505,000
Long-term Assets3,557,000
Total Current Assets
Cash And Cash Equivalents 2,579,000
Short-term Investments 1,173,000
Net Receivables 170,000
Inventory 223,000
Other Current Assets 542,000
Total Current Assets  (as reported)15,505,000
Total Current Assets  (calculated)4,687,000
+/- 10,818,000
Long-term Assets
Property Plant Equipment 2,132,000
Goodwill 158,000
Long Term Investments 226,000
Intangible Assets 52,000
Long-term Assets Other 93,000
Long-term Assets  (as reported)3,557,000
Long-term Assets  (calculated)2,661,000
+/- 896,000

Liabilities & Shareholders' Equity

Total Current Liabilities12,256,000
Long-term Liabilities3,416,000
Total Stockholder Equity3,390,000
Total Current Liabilities
Short Long Term Debt 2,210,000
Accounts payable 2,203,000
Other Current Liabilities 225,000
Total Current Liabilities  (as reported)12,256,000
Total Current Liabilities  (calculated)4,638,000
+/- 7,618,000
Long-term Liabilities
Long term Debt 2,132,000
Capital Lease Obligations Min Short Term Debt944,000
Long-term Liabilities Other 290,000
Long-term Liabilities  (as reported)3,416,000
Long-term Liabilities  (calculated)3,366,000
+/- 50,000
Total Stockholder Equity
Retained Earnings 2,245,000
Total Stockholder Equity (as reported)3,390,000
Total Stockholder Equity (calculated)2,245,000
+/- 1,145,000
Other
Common Stock Shares Outstanding 50,697
Net Debt 1,763,000
Net Invested Capital 7,732,000
Net Working Capital 3,249,000
Property Plant and Equipment Gross 2,132,000



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2024-03-312023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-31
> Total Assets 
4,448,160
4,595,492
4,439,341
4,781,691
4,458,080
5,452,736
5,737,719
6,526,332
5,197,855
6,142,694
6,800,017
10,101,158
11,023,000
11,447,000
11,962,000
13,736,000
14,201,000
15,243,000
16,124,000
17,646,000
19,062,000
19,062,00017,646,00016,124,00015,243,00014,201,00013,736,00011,962,00011,447,00011,023,00010,101,1586,800,0176,142,6945,197,8556,526,3325,737,7195,452,7364,458,0804,781,6914,439,3414,595,4924,448,160
   > Total Current Assets 
3,520,453
3,676,432
3,780,630
3,788,856
3,510,274
4,754,554
4,923,891
5,346,807
3,900,191
4,567,651
5,283,121
8,174,979
8,705,000
8,863,000
9,351,000
10,953,000
11,336,000
12,290,000
13,050,000
14,294,000
15,505,000
15,505,00014,294,00013,050,00012,290,00011,336,00010,953,0009,351,0008,863,0008,705,0008,174,9795,283,1214,567,6513,900,1915,346,8074,923,8914,754,5543,510,2743,788,8563,780,6303,676,4323,520,453
       Cash And Cash Equivalents 
1,295,886
1,118,662
1,419,934
1,384,740
1,071,217
1,169,550
1,139,703
1,856,394
862,720
1,069,909
987,213
2,584,586
1,573,000
1,329,000
1,455,000
1,910,000
2,143,000
1,860,000
2,171,000
2,556,000
2,579,000
2,579,0002,556,0002,171,0001,860,0002,143,0001,910,0001,455,0001,329,0001,573,0002,584,586987,2131,069,909862,7201,856,3941,139,7031,169,5501,071,2171,384,7401,419,9341,118,6621,295,886
       Short-term Investments 
1,648,457
1,789,354
1,726,189
1,597,241
1,558,325
2,124,872
2,187,479
1,241,306
980,076
190,482
302,692
207,329
471,000
897,000
930,000
1,120,000
1,070,000
1,441,000
1,558,000
1,197,000
1,173,000
1,173,0001,197,0001,558,0001,441,0001,070,0001,120,000930,000897,000471,000207,329302,692190,482980,0761,241,3062,187,4792,124,8721,558,3251,597,2411,726,1891,789,3541,648,457
       Net Receivables 
34,524
40,175
35,791
35,446
34,060
42,423
40,891
49,691
64,815
69,844
70,542
98,193
98,000
102,000
108,000
130,000
132,000
160,000
161,000
156,000
170,000
170,000156,000161,000160,000132,000130,000108,000102,00098,00098,19370,54269,84464,81549,69140,89142,42334,06035,44635,79140,17534,524
       Inventory 
3,003
5,950
10,132
8,626
12,114
20,831
46,644
118,140
131,460
169,449
226,694
253,077
239,000
183,000
160,000
152,000
199,000
236,000
246,000
238,000
223,000
223,000238,000246,000236,000199,000152,000160,000183,000239,000253,077226,694169,449131,460118,14046,64420,83112,1148,62610,1325,9503,003
       Other Current Assets 
60,968
68,086
68,993
13,453
96,876
94,042
96,824
15,403
191,923
203,774
267,912
21,970
294,000
312,000
276,000
30,000
281,000
290,000
313,000
65,000
542,000
542,00065,000313,000290,000281,00030,000276,000312,000294,00021,970267,912203,774191,92315,40396,82494,04296,87613,45368,99368,08660,968
   > Long-term Assets 
927,707
919,060
658,711
992,835
947,806
698,182
813,828
1,179,525
1,297,664
1,575,043
1,516,896
1,926,179
2,318,000
2,584,000
2,611,000
2,783,000
2,865,000
2,953,000
3,074,000
3,352,000
3,557,000
3,557,0003,352,0003,074,0002,953,0002,865,0002,783,0002,611,0002,584,0002,318,0001,926,1791,516,8961,575,0431,297,6641,179,525813,828698,182947,806992,835658,711919,060927,707
       Property Plant Equipment 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1,532,000
1,649,000
1,733,000
1,869,000
1,877,000
2,149,000
2,132,000
2,132,0002,149,0001,877,0001,869,0001,733,0001,649,0001,532,00000000000000000
       Goodwill 
89,827
90,375
86,114
87,609
82,283
81,799
79,064
85,211
82,830
85,165
80,949
148,243
162,000
149,000
147,000
153,000
160,000
166,000
159,000
163,000
158,000
158,000163,000159,000166,000160,000153,000147,000149,000162,000148,24380,94985,16582,83085,21179,06481,79982,28387,60986,11490,37589,827
       Long Term Investments 
275,432
207,047
3,595
263,983
269,955
5,790
6,890
166,111
175,601
181,411
38,027
75,539
121,000
456,000
375,000
301,000
257,000
126,000
125,000
139,000
226,000
226,000139,000125,000126,000257,000301,000375,000456,000121,00075,53938,027181,411175,601166,1116,8905,790269,955263,9833,595207,047275,432
       Intangible Assets 
17,683
16,808
15,114
14,275
17,133
15,942
14,230
14,155
20,271
23,894
30,709
44,974
43,000
31,000
29,000
25,000
24,000
22,000
21,000
35,000
52,000
52,00035,00021,00022,00024,00025,00029,00031,00043,00044,97430,70923,89420,27114,15514,23015,94217,13314,27515,11416,80817,683
       Long-term Assets Other 
41,464
46,056
49,461
58,241
46,477
45,807
45,725
67,615
71,888
113,436
116,185
139,852
168,000
188,000
217,000
243,000
303,000
346,000
361,000
63,000
93,000
93,00063,000361,000346,000303,000243,000217,000188,000168,000139,852116,185113,43671,88867,61545,72545,80746,47758,24149,46146,05641,464
> Total Liabilities 
2,135,414
2,350,880
2,302,324
2,699,728
2,492,670
3,545,644
3,942,193
4,874,754
5,228,259
6,061,664
6,677,041
8,569,467
9,434,000
9,867,000
10,331,000
11,909,000
12,161,000
12,991,000
13,383,000
14,575,000
15,672,000
15,672,00014,575,00013,383,00012,991,00012,161,00011,909,00010,331,0009,867,0009,434,0008,569,4676,677,0416,061,6645,228,2594,874,7543,942,1933,545,6442,492,6702,699,7282,302,3242,350,8802,135,414
   > Total Current Liabilities 
1,248,215
1,449,509
1,384,810
1,752,320
1,576,500
2,659,779
3,007,260
3,635,880
3,204,949
3,869,290
4,286,531
5,836,702
6,228,000
6,823,000
7,002,000
8,562,000
8,827,000
9,616,000
10,306,000
11,297,000
12,256,000
12,256,00011,297,00010,306,0009,616,0008,827,0008,562,0007,002,0006,823,0006,228,0005,836,7024,286,5313,869,2903,204,9493,635,8803,007,2602,659,7791,576,5001,752,3201,384,8101,449,5091,248,215
       Short-term Debt 
141,162
162,983
106,902
184,130
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
00000000000000000184,130106,902162,983141,162
       Short Long Term Debt 
141,162
162,983
106,902
184,130
314,766
589,851
615,996
540,999
441,975
571,654
755,659
692,209
1,459,000
1,925,000
1,946,000
2,117,000
2,314,000
2,264,000
2,252,000
2,257,000
2,210,000
2,210,0002,257,0002,252,0002,264,0002,314,0002,117,0001,946,0001,925,0001,459,000692,209755,659571,654441,975540,999615,996589,851314,766184,130106,902162,983141,162
       Accounts payable 
246,767
314,703
342,433
331,140
295,500
417,759
509,095
728,056
612,206
857,622
906,393
987,513
1,027,000
1,131,000
1,155,000
1,393,000
1,597,000
1,831,000
1,910,000
2,117,000
2,203,000
2,203,0002,117,0001,910,0001,831,0001,597,0001,393,0001,155,0001,131,0001,027,000987,513906,393857,622612,206728,056509,095417,759295,500331,140342,433314,703246,767
       Other Current Liabilities 
56,418
56,059
75,630
2,090
76,560
44,449
48,700
21,920
115,949
75,812
70,193
603,598
134,000
98,000
121,000
63,000
151,000
173,000
143,000
88,000
225,000
225,00088,000143,000173,000151,00063,000121,00098,000134,000603,59870,19375,812115,94921,92048,70044,44976,5602,09075,63056,05956,418
   > Long-term Liabilities 
887,199
901,371
917,514
947,408
916,170
885,865
934,933
1,238,874
2,023,310
2,192,374
2,390,510
2,732,765
3,206,000
3,044,000
3,329,000
3,347,000
3,334,000
3,375,000
3,077,000
3,278,000
3,416,000
3,416,0003,278,0003,077,0003,375,0003,334,0003,347,0003,329,0003,044,0003,206,0002,732,7652,390,5102,192,3742,023,3101,238,874934,933885,865916,170947,408917,514901,371887,199
       Long term Debt 
602,061
619,670
615,701
623,985
609,979
605,095
612,799
844,615
1,641,848
1,763,016
1,938,600
2,194,981
2,638,000
2,515,000
2,743,000
2,590,000
2,457,000
2,441,000
2,143,000
2,107,000
2,132,000
2,132,0002,107,0002,143,0002,441,0002,457,0002,590,0002,743,0002,515,0002,638,0002,194,9811,938,6001,763,0161,641,848844,615612,799605,095609,979623,985615,701619,670602,061
       Capital Lease Obligations 
155,632
161,512
185,861
209,308
200,230
201,338
236,424
322,502
368,829
427,673
432,279
510,298
543,000
528,000
591,000
707,000
749,000
823,000
846,000
969,000
944,000
944,000969,000846,000823,000749,000707,000591,000528,000543,000510,298432,279427,673368,829322,502236,424201,338200,230209,308185,861161,512155,632
       Long-term Liabilities Other 
13,258
11,501
11,081
4,655
16,515
15,825
26,237
9,262
24,220
22,956
35,142
19,693
55,000
49,000
76,000
16,000
181,000
131,000
104,000
57,000
290,000
290,00057,000104,000131,000181,00016,00076,00049,00055,00019,69335,14222,95624,2209,26226,23715,82516,5154,65511,08111,50113,258
> Total Stockholder Equity
2,312,746
2,244,612
2,137,017
2,081,963
1,965,410
1,907,092
1,795,526
1,651,578
-30,404
81,030
122,976
1,531,691
1,589,000
1,580,000
1,631,000
1,827,000
2,040,000
2,252,000
2,741,000
3,071,000
3,390,000
3,390,0003,071,0002,741,0002,252,0002,040,0001,827,0001,631,0001,580,0001,589,0001,531,691122,97681,030-30,4041,651,5781,795,5261,907,0921,965,4102,081,9632,137,0172,244,6122,312,746
   Common Stock000000000000000000000
   Retained Earnings 
509,455
524,672
377,590
322,592
295,913
350,860
364,967
314,115
280,103
348,298
443,523
397,419
496,000
619,000
748,000
913,000
1,114,000
1,376,000
1,735,000
1,901,000
2,245,000
2,245,0001,901,0001,735,0001,376,0001,114,000913,000748,000619,000496,000397,419443,523348,298280,103314,115364,967350,860295,913322,592377,590524,672509,455
   Capital Surplus 000000000000000000000
   Treasury Stock000000000000000000000
   Other Stockholders Equity 000000000000000000000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue14,473,000
Cost of Revenue-7,267,000
Gross Profit7,206,0007,206,000
 
Operating Income (+$)
Gross Profit7,206,000
Operating Expense-12,650,000
Operating Income1,823,000-5,444,000
 
Operating Expense (+$)
Research Development1,831,000
Selling General Administrative2,502,000
Selling And Marketing Expenses0
Operating Expense12,650,0004,333,000
 
Net Interest Income (+$)
Interest Income723,000
Interest Expense-378,000
Other Finance Cost-0
Net Interest Income345,000
 
Pretax Income (+$)
Operating Income1,823,000
Net Interest Income345,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)1,553,0002,438,000
EBIT - interestExpense = -378,000
987,000
1,365,000
Interest Expense378,000
Earnings Before Interest and Taxes (EBIT)01,931,000
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax1,553,000
Tax Provision-569,000
Net Income From Continuing Ops987,000984,000
Net Income987,000
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net-615,000-345,000
 

Technical Analysis of MercadoLibre Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of MercadoLibre Inc. The general trend of MercadoLibre Inc is BULLISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine MercadoLibre Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (85.7%) Bearish trend (-85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of MercadoLibre Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 1,615 < 1,637 < 1,643.

The bearish price targets are: 1,457 > 1,451 > 1,442.

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MercadoLibre Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging¬†trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of MercadoLibre Inc. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

MercadoLibre Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a¬†lagging momentum¬†indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of MercadoLibre Inc. The current macd is 7.77102765.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the MercadoLibre Inc price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for MercadoLibre Inc. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the MercadoLibre Inc price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
MercadoLibre Inc Daily Moving Average Convergence/Divergence (MACD) ChartMercadoLibre Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of MercadoLibre Inc. The current adx is 13.90.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy MercadoLibre Inc shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
MercadoLibre Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows¬†the current trend.
  • Shows¬†potential entry signals.
  • Shows¬†¬†potential exit signals.
  • Can be used to place¬†trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of MercadoLibre Inc. The current sar is 1,608.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
MercadoLibre Inc Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum¬†indicator, meaning the signals are instant.
  • Ranges¬†between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of MercadoLibre Inc. The current rsi is 51.63. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
MercadoLibre Inc Daily Relative Strength Index (RSI) ChartMercadoLibre Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading¬†momentum¬†indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges¬†between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of MercadoLibre Inc. The current phase is Continuation in bull market.

The long score for the Stochastic Oscillator is 4/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the MercadoLibre Inc price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
MercadoLibre Inc Daily Stochastic Oscillator ChartMercadoLibre Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,¬†the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of MercadoLibre Inc. The current cci is 9.1198222.

MercadoLibre Inc Daily Commodity Channel Index (CCI) ChartMercadoLibre Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of MercadoLibre Inc. The current cmo is 2.30169466.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
MercadoLibre Inc Daily Chande Momentum Oscillator (CMO) ChartMercadoLibre Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and¬†-100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of MercadoLibre Inc. The current willr is -46.95431472.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that MercadoLibre Inc is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
MercadoLibre Inc Daily Williams %R ChartMercadoLibre Inc Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold¬†

Score

Let's take a look at the Bollinger Bands of MercadoLibre Inc.

MercadoLibre Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of MercadoLibre Inc. The current atr is 25.79.

MercadoLibre Inc Daily Average True Range (ATR) ChartMercadoLibre Inc Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of MercadoLibre Inc. The current obv is 299.00.

MercadoLibre Inc Daily On-Balance Volume (OBV) ChartMercadoLibre Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of MercadoLibre Inc. The current mfi is 55.64.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
MercadoLibre Inc Daily Money Flow Index (MFI) ChartMercadoLibre Inc Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for MercadoLibre Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-03-05STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-12RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-14MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-22WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-25CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-04SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-05CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-04-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-09STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-04-10STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-12CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-15STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-17ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-19ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-24RSI LONG ENTRY SHORT CLOSE30 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-25STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-26STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-30CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-02DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-05-03CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-06ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-08ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-09ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-05-14RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-05-16STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-20ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-23RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-05-24SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-31STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-06-03STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-04STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-06ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-17STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-18MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-06-19MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-06-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-25DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-27CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-01ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-07-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-07-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-07-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-10BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-11STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-07-15STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-17STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-07-18CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-07-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-07-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside

6.3. Candlestick Patterns

MercadoLibre Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of MercadoLibre Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5051.631
Ma 20Greater thanMa 501,537.140
Ma 50Greater thanMa 1001,531.672
Ma 100Greater thanMa 2001,467.010
OpenGreater thanClose1,541.000
Total4/5 (80.0%)
Penke

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