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 -24.127, suggesting MELI is Sell.

MercadoLibre Inc (MELI) 20-Day simple moving average is 1679.325, while MercadoLibre Inc (MELI) share price is $1695.65, making it Buy.

MercadoLibre Inc (MELI) 60-Day simple moving average is 1726.758, while MercadoLibre Inc (MELI) share price is $1695.65, making it Sell.

Technical Analysis for MELI

Technical Sentiment Analysis for MercadoLibre Inc (MELI) As of 2026-05-29, MercadoLibre Inc (MELI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 12 technical signals, shows that 5 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 49.982, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -24.127, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 77.511 and the Commodity Channel Index (CCI) at 13.973 further confirm a 88.28 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MELI is trading below its 60-day moving average of $1726.758 and below its 200-day long-term moving average of $2026.418. Key price levels to watch include the immediate resistance at $1731.483 and strong support at $1544.243. A break above $1731.483 could signal a bull continuation, while falling below $1544.243 may test the next Fibonacci floor at $1442.836.

MercadoLibre Inc (MELI) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1357.003	1442.836	1544.243	1630.076	1731.483	1817.316	1918.723
Fibonacci	1442.836	1514.362	1558.551	1630.076	1701.602	1745.791	1817.316

MercadoLibre Inc (MELI) Technical Indicators

2026-05-29

Name	Value
RSI_14	49.982
STOCHk_14_3_3	77.511
STOCHd_14_3_3	60.616
CCI_20	13.973
AO_5_34	-63.106
MOM_10	88.28
MACD_12_26_9	-24.127

MercadoLibre Inc (MELI) Relative Strength Index (RSI) is 49.982, creating a Neutral signal.

MercadoLibre Inc (MELI) Stochastic Oscillator is 77.511, creating a Neutral signal.

MercadoLibre Inc (MELI) Stochastic RSI is 60.616, creating a Neutral signal.

MercadoLibre Inc (MELI) Commodity Channel Index (CCI) is 13.973, creating a Neutral signal.

MercadoLibre Inc (MELI) Awesome Oscillator is -63.106, creating a Sell signal.

MercadoLibre Inc (MELI) Momentum is 88.28, creating a Buy signal.

MercadoLibre Inc (MELI) MACD is -24.127, creating a Sell signal.

MercadoLibre Inc (MELI) Moving Average

2026-05-29

Period	Simple	Signal
MA_5	1679.962	Buy
MA_10	1645.649	Buy
MA_20	1679.325	Buy
MA_60	1726.758	Sell
MA_200	2026.418	Sell
MA_250	2107.615	Sell

MercadoLibre Inc (MELI) 5-Day simple moving average is 1679.962, while MercadoLibre Inc (MELI) share price is $1695.65, making it a Buy.

MercadoLibre Inc (MELI) 10-Day simple moving average is 1645.649, while MercadoLibre Inc (MELI) share price is $1695.65, making it a Buy.

MercadoLibre Inc (MELI) 20-Day simple moving average is 1679.325, while MercadoLibre Inc (MELI) share price is $1695.65, making it a Buy.

MercadoLibre Inc (MELI) 60-Day simple moving average is 1726.758, while MercadoLibre Inc (MELI) share price is $1695.65, making it a Sell.

MercadoLibre Inc (MELI) 200-Day simple moving average is 2026.418, while MercadoLibre Inc (MELI) share price is $1695.65, making it a Sell.

MercadoLibre Inc (MELI) 250-Day simple moving average is 2107.615, while MercadoLibre Inc (MELI) share price is $1695.65, 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 Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 2 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 1544.243 and a major resistance level at 1731.483. Traders also monitor the pivot point at 1630.076 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 49.982. 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 -24.127, suggesting MELI is Sell. 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 $1695.65, which is below its 200-day simple moving average of 2026.418. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.