Mercadolibre's 15min chart shows Bollinger Bands Narrowing, KDJ Death Cross

Monday, Aug 11, 2025 10:03 am ET1min read

According to Mercadolibre's 15-minute chart, the Bollinger Bands have narrowed, and a KDJ Death Cross has been triggered at 08/11/2025 10:00. This indicates a decrease in the magnitude of stock price fluctuations and a shift in momentum towards the downside, potentially leading to further price decreases.

MercadoLibre (NASDAQ: MELI) has recently experienced a narrowing of Bollinger Bands on its 15-minute chart, which indicates a decline in the magnitude of stock price fluctuations. Additionally, a KDJ Death Cross was triggered at 08/11/2025 10:00, signaling a shift in momentum towards the downside and potentially further price decreases [1]. Despite these technical indicators, the company continues to attract significant institutional investment, with institutions owning 87.62% of MercadoLibre’s stock [1].

Analysts have maintained a positive outlook on MercadoLibre, with Raymond James Financial reaffirming a "strong-buy" rating with a target price of $2,750.00, indicating a potential upside of 17.85% from the current trading price [1]. Benchmark analysts also reaffirmed a "buy" rating for MercadoLibre with a price target of $2,875, indicating a potential upside of 23.57% from the prior close [3].

MercadoLibre's latest quarterly earnings report showed $10.31 EPS, missing estimates, but it achieved a revenue of $6.79 billion, exceeding expectations by 33.8% year-over-year [1]. The company's robust commerce and fintech expansion were accompanied by higher marketing spend and adjustments to its free shipping policy in Brazil, which affected short-term profitability [2].

While MercadoLibre's revenue continues to climb, investors should be mindful of how rising fulfillment and shipping costs could impact margins if scale benefits don't materialize as expected [2]. The company's narrative projects $45.5 billion in revenue and $5.3 billion in earnings by 2028, requiring 23.6% yearly revenue growth and a $3.2 billion increase in earnings from $2.1 billion today [2].

References:
[1] https://www.marketbeat.com/instant-alerts/mercadolibre-nasdaqmeli-earns-strong-buy-rating-from-raymond-james-financial-2025-08-06/
[2] https://simplywall.st/stocks/us/retail/nasdaq-meli/mercadolibre/news/how-investors-are-reacting-to-mercadolibre-meli-balancing-ra
[3] https://www.marketbeat.com/instant-alerts/mercadolibre-nasdaqmeli-receives-buy-rating-from-benchmark-2025-08-06/

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