MACD Turns Bullish for MELI at $2005.71
BullishMercadoLibre Inc (MELI) closed up 0.38% at $2005.71 on December 29.
Technical indicators paint a mixed picture:
Moving Averages
Mixed signals with price near the 9-day EMA ($1994.75). The 21-day EMA sits at $2022.60.
Momentum
RSI at 48.1 is in neutral territory. MACD is bullish (-27.44 vs signal -31.10).