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 -17.851, suggesting MELI is Strong Sell.

MercadoLibre Inc (MELI) 20-Day simple moving average is 1649.554, while MercadoLibre Inc (MELI) share price is $1635.15, making it Sell.

MercadoLibre Inc (MELI) 60-Day simple moving average is 1709.857, while MercadoLibre Inc (MELI) share price is $1635.15, making it Sell.

Technical Analysis for MELI

Technical Sentiment Analysis for MercadoLibre Inc (MELI) As of 2026-06-18, MercadoLibre Inc (MELI) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 2 indicators are flashing buy, while 8 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MELI stands at 47.396, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -17.851, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 53.795 and the Commodity Channel Index (CCI) at -45.787 further confirm a 0.37 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MELI is trading below its 60-day moving average of $1709.857 and below its 200-day long-term moving average of $1973.975. Key price levels to watch include the immediate resistance at $1708.417 and strong support at $1542.417. A break above $1708.417 could signal a bull continuation, while falling below $1542.417 may test the next Fibonacci floor at $1461.208.

MercadoLibre Inc (MELI) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1376.417	1461.208	1542.417	1627.208	1708.417	1793.208	1874.417
Fibonacci	1461.208	1524.62	1563.796	1627.208	1690.62	1729.796	1793.208

MercadoLibre Inc (MELI) Technical Indicators

2026-06-18

Name	Value
RSI_14	47.396
STOCHk_14_3_3	53.795
STOCHd_14_3_3	52.624
CCI_20	-45.787
AO_5_34	-16.661
MOM_10	0.37
MACD_12_26_9	-17.851

MercadoLibre Inc (MELI) Relative Strength Index (RSI) is 47.396, creating a Neutral signal.

MercadoLibre Inc (MELI) Stochastic Oscillator is 53.795, creating a Neutral signal.

MercadoLibre Inc (MELI) Stochastic RSI is 52.624, creating a Neutral signal.

MercadoLibre Inc (MELI) Commodity Channel Index (CCI) is -45.787, creating a Neutral signal.

MercadoLibre Inc (MELI) Awesome Oscillator is -16.661, creating a Sell signal.

MercadoLibre Inc (MELI) Momentum is 0.37, creating a Buy signal.

MercadoLibre Inc (MELI) MACD is -17.851, creating a Sell signal.

MercadoLibre Inc (MELI) Moving Average

2026-06-18

Period	Simple	Signal
MA_5	1635.402	Sell
MA_10	1623.625	Buy
MA_20	1649.554	Sell
MA_60	1709.857	Sell
MA_200	1973.975	Sell
MA_250	2061.439	Sell

MercadoLibre Inc (MELI) 5-Day simple moving average is 1635.402, while MercadoLibre Inc (MELI) share price is $1635.15, making it a Sell.

MercadoLibre Inc (MELI) 10-Day simple moving average is 1623.625, while MercadoLibre Inc (MELI) share price is $1635.15, making it a Buy.

MercadoLibre Inc (MELI) 20-Day simple moving average is 1649.554, while MercadoLibre Inc (MELI) share price is $1635.15, making it a Sell.

MercadoLibre Inc (MELI) 60-Day simple moving average is 1709.857, while MercadoLibre Inc (MELI) share price is $1635.15, making it a Sell.

MercadoLibre Inc (MELI) 200-Day simple moving average is 1973.975, while MercadoLibre Inc (MELI) share price is $1635.15, making it a Sell.

MercadoLibre Inc (MELI) 250-Day simple moving average is 2061.439, while MercadoLibre Inc (MELI) share price is $1635.15, 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 Strong Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 1 buy signals and 3 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 1542.417 and a major resistance level at 1708.417. Traders also monitor the pivot point at 1627.208 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 47.396. 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 -17.851, suggesting MELI is Strong 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 $1635.15, which is below its 200-day simple moving average of 1973.975. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.