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 -0.0214, suggesting MELI is Strong Sell.

MercadoLibre Inc (MELI) 20-Day simple moving average is 1823.39, while MercadoLibre Inc (MELI) share price is $1632.52, making it Sell.

MercadoLibre Inc (MELI) 60-Day simple moving average is 1785.5, while MercadoLibre Inc (MELI) share price is $1632.52, making it Sell.

Technical Analysis for MELI

Technical Sentiment Analysis for MercadoLibre Inc (MELI) As of 2026-05-08, MercadoLibre Inc (MELI) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 18 technical signals, shows that 3 indicators are flashing buy, while 15 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MELI stands at 35.498, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.0214, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 48.638 and the Commodity Channel Index (CCI) at -340.372 further confirm a -202.7 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MELI is trading below its 60-day moving average of $1785.5 and below its 200-day long-term moving average of $2077.99. Key price levels to watch include the immediate resistance at $1920.032 and strong support at $1653.032. A break above $1920.032 could signal a bull continuation, while falling below $1653.032 may test the next Fibonacci floor at $1504.516.

MercadoLibre Inc (MELI) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1386.032	1504.516	1653.032	1771.516	1920.032	2038.516	2187.032
Fibonacci	1504.516	1606.51	1669.522	1771.516	1873.51	1936.522	2038.516

MercadoLibre Inc (MELI) Technical Indicators

2026-05-08

Name	Value
RSI_14	35.498
STOCHk_14_3_3	48.638
STOCHd_14_3_3	54.761
CCI_20	-340.372
AO_5_34	32.188
MOM_10	-202.7
MACD_12_26_9	-0.0214

MercadoLibre Inc (MELI) Relative Strength Index (RSI) is 35.498, creating a Neutral signal.

MercadoLibre Inc (MELI) Stochastic Oscillator is 48.638, creating a Neutral signal.

MercadoLibre Inc (MELI) Stochastic RSI is 54.761, creating a Neutral signal.

MercadoLibre Inc (MELI) Commodity Channel Index (CCI) is -340.372, creating a Buy signal.

MercadoLibre Inc (MELI) Awesome Oscillator is 32.188, creating a Buy signal.

MercadoLibre Inc (MELI) Momentum is -202.7, creating a Sell signal.

MercadoLibre Inc (MELI) MACD is -0.0214, creating a Sell signal.

MercadoLibre Inc (MELI) Moving Average

2026-05-08

Period	Simple	Signal
MA_5	1794.902	Sell
MA_10	1801.548	Sell
MA_20	1823.39	Sell
MA_60	1785.5	Sell
MA_200	2077.99	Sell
MA_250	2159.94	Sell

MercadoLibre Inc (MELI) 5-Day simple moving average is 1794.902, while MercadoLibre Inc (MELI) share price is $1632.52, making it a Sell.

MercadoLibre Inc (MELI) 10-Day simple moving average is 1801.548, while MercadoLibre Inc (MELI) share price is $1632.52, making it a Sell.

MercadoLibre Inc (MELI) 20-Day simple moving average is 1823.39, while MercadoLibre Inc (MELI) share price is $1632.52, making it a Sell.

MercadoLibre Inc (MELI) 60-Day simple moving average is 1785.5, while MercadoLibre Inc (MELI) share price is $1632.52, making it a Sell.

MercadoLibre Inc (MELI) 200-Day simple moving average is 2077.99, while MercadoLibre Inc (MELI) share price is $1632.52, making it a Sell.

MercadoLibre Inc (MELI) 250-Day simple moving average is 2159.94, while MercadoLibre Inc (MELI) share price is $1632.52, 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 3 buy signals and 9 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 1653.032 and a major resistance level at 1920.032. Traders also monitor the pivot point at 1771.516 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 35.498. 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 -0.0214, 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 $1632.52, which is below its 200-day simple moving average of 2077.99. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.