MELI Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

MercadoLibre Inc (MELI) Moving Averages Convergence Divergence (MACD) indicator is 20.854, suggesting MELI is Neutral.

MercadoLibre Inc (MELI) 20-Day simple moving average is 1729.24, while MercadoLibre Inc (MELI) share price is $1855.83, making it Buy.

MercadoLibre Inc (MELI) 60-Day simple moving average is 1861.699, while MercadoLibre Inc (MELI) share price is $1855.83, making it Sell.

Technical Analysis for MELI

Technical Sentiment Analysis for MercadoLibre Inc (MELI) As of 2026-04-17, MercadoLibre Inc (MELI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 7 indicators are flashing buy, while 7 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MELI stands at 59.727, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 20.854, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 86.498 and the Commodity Channel Index (CCI) at 111.723 further confirm a 140.31 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MELI is trading below its 60-day moving average of $1861.699 and below its 200-day long-term moving average of $2123.408. Key price levels to watch include the immediate resistance at $1898.246 and strong support at $1698.656. A break above $1898.246 could signal a bull continuation, while falling below $1698.656 may test the next Fibonacci floor at $1595.488.

MercadoLibre Inc (MELI) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1499.066	1595.488	1698.656	1795.078	1898.246	1994.668	2097.836
Fibonacci	1595.488	1671.732	1718.835	1795.078	1871.322	1918.425	1994.668

MercadoLibre Inc (MELI) Technical Indicators

2026-04-17

Name	Value
RSI_14	59.727
STOCHk_14_3_3	86.498
STOCHd_14_3_3	88.282
CCI_20	111.723
AO_5_34	117.943
MOM_10	140.31
MACD_12_26_9	20.854

MercadoLibre Inc (MELI) Relative Strength Index (RSI) is 59.727, creating a Neutral signal.

MercadoLibre Inc (MELI) Stochastic Oscillator is 86.498, creating a Sell signal.

MercadoLibre Inc (MELI) Stochastic RSI is 88.282, creating a Sell signal.

MercadoLibre Inc (MELI) Commodity Channel Index (CCI) is 111.723, creating a Sell signal.

MercadoLibre Inc (MELI) Awesome Oscillator is 117.943, creating a Buy signal.

MercadoLibre Inc (MELI) Momentum is 140.31, creating a Buy signal.

MercadoLibre Inc (MELI) MACD is 20.854, creating a Buy signal.

MercadoLibre Inc (MELI) Moving Average

2026-04-17

Period	Simple	Signal
MA_5	1844.534	Buy
MA_10	1801.824	Buy
MA_20	1729.24	Buy
MA_60	1861.699	Sell
MA_200	2123.408	Sell
MA_250	2185.952	Sell

MercadoLibre Inc (MELI) 5-Day simple moving average is 1844.534, while MercadoLibre Inc (MELI) share price is $1855.83, making it a Buy.

MercadoLibre Inc (MELI) 10-Day simple moving average is 1801.824, while MercadoLibre Inc (MELI) share price is $1855.83, making it a Buy.

MercadoLibre Inc (MELI) 20-Day simple moving average is 1729.24, while MercadoLibre Inc (MELI) share price is $1855.83, making it a Buy.

MercadoLibre Inc (MELI) 60-Day simple moving average is 1861.699, while MercadoLibre Inc (MELI) share price is $1855.83, making it a Sell.

MercadoLibre Inc (MELI) 200-Day simple moving average is 2123.408, while MercadoLibre Inc (MELI) share price is $1855.83, making it a Sell.

MercadoLibre Inc (MELI) 250-Day simple moving average is 2185.952, while MercadoLibre Inc (MELI) share price is $1855.83, making it a Sell.

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Frequently Asked Questions

What is the current technical consensus for MELI?

The overall technical consensus for MercadoLibre Inc (MELI) is currently Neutral. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 4 buy signals and 4 sell signals.

What are the key support and resistance levels for MercadoLibre Inc (MELI) today?

Based on pivot point calculations, MercadoLibre Inc (MELI) has an immediate support level at 1698.656 and a major resistance level at 1898.246. Traders also monitor the pivot point at 1795.078 to determine the intraday trend direction.

Is MercadoLibre Inc (MELI) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for MercadoLibre Inc (MELI) is currently 59.727. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for MercadoLibre Inc (MELI)?

MercadoLibre Inc (MELI) Moving Averages Convergence Divergence (MACD) indicator is 20.854, suggesting MELI is Neutral. This indicator helps identify potential trend reversals or momentum shifts for MercadoLibre Inc.

How is MercadoLibre Inc (MELI) performing relative to its 200-day moving average?

MercadoLibre Inc (MELI) is currently trading at $1855.83, which is below its 200-day simple moving average of 2123.408. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.