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 34.644, suggesting MELI is Buy.

MercadoLibre Inc (MELI) 20-Day simple moving average is 1672.911, while MercadoLibre Inc (MELI) share price is $1809.38, making it Buy.

MercadoLibre Inc (MELI) 60-Day simple moving average is 1709.748, while MercadoLibre Inc (MELI) share price is $1809.38, making it Buy.

Technical Analysis for MELI

Technical Sentiment Analysis for MercadoLibre Inc (MELI) As of 2026-07-08, MercadoLibre Inc (MELI) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 8 indicators are flashing buy, while 6 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MELI stands at 65.094, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 34.644, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 93.073 and the Commodity Channel Index (CCI) at 138.66 further confirm a 225.72 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MELI is trading below its 60-day moving average of $1709.748 and below its 200-day long-term moving average of $1933.166. Key price levels to watch include the immediate resistance at $1848.971 and strong support at $1591.881. A break above $1848.971 could signal a bull continuation, while falling below $1591.881 may test the next Fibonacci floor at $1456.895.

MercadoLibre Inc (MELI) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1334.791	1456.895	1591.881	1713.985	1848.971	1971.075	2106.061
Fibonacci	1456.895	1555.104	1615.777	1713.985	1812.194	1872.867	1971.075

MercadoLibre Inc (MELI) Technical Indicators

2026-07-08

Name	Value
RSI_14	65.094
STOCHk_14_3_3	93.073
STOCHd_14_3_3	93.071
CCI_20	138.66
AO_5_34	112.991
MOM_10	225.72
MACD_12_26_9	34.644

MercadoLibre Inc (MELI) Relative Strength Index (RSI) is 65.094, creating a Neutral signal.

MercadoLibre Inc (MELI) Stochastic Oscillator is 93.073, creating a Sell signal.

MercadoLibre Inc (MELI) Stochastic RSI is 93.071, creating a Sell signal.

MercadoLibre Inc (MELI) Commodity Channel Index (CCI) is 138.66, creating a Sell signal.

MercadoLibre Inc (MELI) Awesome Oscillator is 112.991, creating a Buy signal.

MercadoLibre Inc (MELI) Momentum is 225.72, creating a Buy signal.

MercadoLibre Inc (MELI) MACD is 34.644, creating a Buy signal.

MercadoLibre Inc (MELI) Moving Average

2026-07-08

Period	Simple	Signal
MA_5	1786.844	Buy
MA_10	1726.866	Buy
MA_20	1672.911	Buy
MA_60	1709.748	Buy
MA_200	1933.166	Sell
MA_250	2022.412	Sell

MercadoLibre Inc (MELI) 5-Day simple moving average is 1786.844, while MercadoLibre Inc (MELI) share price is $1809.38, making it a Buy.

MercadoLibre Inc (MELI) 10-Day simple moving average is 1726.866, while MercadoLibre Inc (MELI) share price is $1809.38, making it a Buy.

MercadoLibre Inc (MELI) 20-Day simple moving average is 1672.911, while MercadoLibre Inc (MELI) share price is $1809.38, making it a Buy.

MercadoLibre Inc (MELI) 60-Day simple moving average is 1709.748, while MercadoLibre Inc (MELI) share price is $1809.38, making it a Buy.

MercadoLibre Inc (MELI) 200-Day simple moving average is 1933.166, while MercadoLibre Inc (MELI) share price is $1809.38, making it a Sell.

MercadoLibre Inc (MELI) 250-Day simple moving average is 2022.412, while MercadoLibre Inc (MELI) share price is $1809.38, 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 Buy. 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 1591.881 and a major resistance level at 1848.971. Traders also monitor the pivot point at 1713.985 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 65.094. 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 34.644, suggesting MELI is Buy. 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 $1809.38, which is below its 200-day simple moving average of 1933.166. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.

Name

Pivot Points

Classic

1334.791

1456.895

1591.881

1713.985

1848.971

1971.075

2106.061

Fibonacci

1456.895

1555.104

1615.777

1713.985

1812.194

1872.867

1971.075

Name

Value

RSI_14

65.094

STOCHk_14_3_3

93.073

STOCHd_14_3_3

93.071

CCI_20

138.66

AO_5_34

112.991

MOM_10

225.72

MACD_12_26_9

34.644

Period

Simple

Signal

MA_5

1786.844

Buy

MA_10

1726.866

Buy

MA_20

1672.911

Buy

MA_60

1709.748

Buy

MA_200

1933.166

Sell

MA_250

2022.412

Sell

Frequently Asked Questions