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 -30.457, suggesting MELI is Strong Sell.

MercadoLibre Inc (MELI) 20-Day simple moving average is 2094.023, while MercadoLibre Inc (MELI) share price is $1975.51, making it Sell.

MercadoLibre Inc (MELI) 60-Day simple moving average is 2063.413, while MercadoLibre Inc (MELI) share price is $1975.51, making it Sell.

Technical Analysis for MELI

Technical Sentiment Analysis for MercadoLibre Inc (MELI) As of 2026-02-17, MercadoLibre Inc (MELI) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 4 indicators are flashing buy, while 9 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MELI stands at 39.146, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -30.457, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 18.009 and the Commodity Channel Index (CCI) at -102.819 further confirm a -171.71 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MELI is trading below its 60-day moving average of $2063.413 and below its 200-day long-term moving average of $2274.993. Key price levels to watch include the immediate resistance at $2148.34 and strong support at $1903.075. A break above $2148.34 could signal a bull continuation, while falling below $1903.075 may test the next Fibonacci floor at $1785.405.

MercadoLibre Inc (MELI) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1657.81	1785.405	1903.075	2030.67	2148.34	2275.935	2393.605
Fibonacci	1785.405	1879.096	1936.979	2030.67	2124.361	2182.244	2275.935

MercadoLibre Inc (MELI) Technical Indicators

2026-02-17

Name	Value
RSI_14	39.146
STOCHk_14_3_3	18.009
STOCHd_14_3_3	21.179
CCI_20	-102.819
AO_5_34	-83.706
MOM_10	-171.71
MACD_12_26_9	-30.457

MercadoLibre Inc (MELI) Relative Strength Index (RSI) is 39.146, creating a Neutral signal.

MercadoLibre Inc (MELI) Stochastic Oscillator is 18.009, creating a Buy signal.

MercadoLibre Inc (MELI) Stochastic RSI is 21.179, creating a Neutral signal.

MercadoLibre Inc (MELI) Commodity Channel Index (CCI) is -102.819, creating a Buy signal.

MercadoLibre Inc (MELI) Awesome Oscillator is -83.706, creating a Sell signal.

MercadoLibre Inc (MELI) Momentum is -171.71, creating a Sell signal.

MercadoLibre Inc (MELI) MACD is -30.457, creating a Sell signal.

MercadoLibre Inc (MELI) Moving Average

2026-02-17

Period	Simple	Signal
MA_5	2002.854	Sell
MA_10	2020.745	Sell
MA_20	2094.023	Sell
MA_60	2063.413	Sell
MA_200	2274.993	Sell
MA_250	2233.723	Sell

MercadoLibre Inc (MELI) 5-Day simple moving average is 2002.854, while MercadoLibre Inc (MELI) share price is $1975.51, making it a Sell.

MercadoLibre Inc (MELI) 10-Day simple moving average is 2020.745, while MercadoLibre Inc (MELI) share price is $1975.51, making it a Sell.

MercadoLibre Inc (MELI) 20-Day simple moving average is 2094.023, while MercadoLibre Inc (MELI) share price is $1975.51, making it a Sell.

MercadoLibre Inc (MELI) 60-Day simple moving average is 2063.413, while MercadoLibre Inc (MELI) share price is $1975.51, making it a Sell.

MercadoLibre Inc (MELI) 200-Day simple moving average is 2274.993, while MercadoLibre Inc (MELI) share price is $1975.51, making it a Sell.

MercadoLibre Inc (MELI) 250-Day simple moving average is 2233.723, while MercadoLibre Inc (MELI) share price is $1975.51, 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 4 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 1903.075 and a major resistance level at 2148.34. Traders also monitor the pivot point at 2030.67 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 39.146. 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 -30.457, 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 $1975.51, which is below its 200-day simple moving average of 2274.993. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.