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.O) Moving Averages Convergence Divergence (MACD) indicator is 35.866, suggesting MELI.O is Strong buy.

MercadoLibre Inc (MELI.O) 20-Day simple moving average is 2113.541, while MercadoLibre Inc (MELI.O) share price is $2295, making it Buy.

MercadoLibre Inc (MELI.O) 60-Day simple moving average is 2085.941, while MercadoLibre Inc (MELI.O) share price is $2295, making it Buy.

Technical Analysis for MELI

Technical Sentiment Analysis for MercadoLibre Inc (MELI) As of 2026-01-27, MercadoLibre Inc (MELI) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 15 technical signals, shows that 12 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MELI stands at 67.541, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 35.866, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 79.574 and the Commodity Channel Index (CCI) at 173.491 further confirm a 145.1 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MELI is trading below its 60-day moving average of $2085.941 and below its 200-day long-term moving average of $2279.174. Key price levels to watch include the immediate resistance at $2274.945 and strong support at $2000.695. A break above $2274.945 could signal a bull continuation, while falling below $2000.695 may test the next Fibonacci floor at $1877.328.

MercadoLibre Inc (MELI) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1726.445	1877.328	2000.695	2151.578	2274.945	2425.828	2549.195
Fibonacci	1877.328	1982.091	2046.814	2151.578	2256.341	2321.064	2425.828

MercadoLibre Inc (MELI) Technical Indicators

2026-01-27

Name	Value
RSI_14	67.541
STOCHk_14_3_3	79.574
STOCHd_14_3_3	67.171
CCI_20	173.491
AO_5_34	89.268
MOM_10	145.1
MACD_12_26_9	35.866

MercadoLibre Inc (MELI) Relative Strength Index (RSI) is 67.541, creating a Neutral signal.

MercadoLibre Inc (MELI) Stochastic Oscillator is 79.574, creating a Neutral signal.

MercadoLibre Inc (MELI) Stochastic RSI is 67.171, creating a Neutral signal.

MercadoLibre Inc (MELI) Commodity Channel Index (CCI) is 173.491, creating a Sell signal.

MercadoLibre Inc (MELI) Awesome Oscillator is 89.268, creating a Buy signal.

MercadoLibre Inc (MELI) Momentum is 145.1, creating a Buy signal.

MercadoLibre Inc (MELI) MACD is 35.866, creating a Buy signal.

MercadoLibre Inc (MELI) Moving Average

2026-01-27

Period	Simple	Signal
MA_5	2171.286	Buy
MA_10	2124.063	Buy
MA_20	2113.541	Buy
MA_60	2085.941	Buy
MA_200	2279.174	Buy
MA_250	2229.719	Buy

MercadoLibre Inc (MELI) 5-Day simple moving average is 2171.286, while MercadoLibre Inc (MELI) share price is $2295, making it a Buy.

MercadoLibre Inc (MELI) 10-Day simple moving average is 2124.063, while MercadoLibre Inc (MELI) share price is $2295, making it a Buy.

MercadoLibre Inc (MELI) 20-Day simple moving average is 2113.541, while MercadoLibre Inc (MELI) share price is $2295, making it a Buy.

MercadoLibre Inc (MELI) 60-Day simple moving average is 2085.941, while MercadoLibre Inc (MELI) share price is $2295, making it a Buy.

MercadoLibre Inc (MELI) 200-Day simple moving average is 2279.174, while MercadoLibre Inc (MELI) share price is $2295, making it a Buy.

MercadoLibre Inc (MELI) 250-Day simple moving average is 2229.719, while MercadoLibre Inc (MELI) share price is $2295, making it a Buy.

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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 buy. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 6 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 2000.695 and a major resistance level at 2274.945. Traders also monitor the pivot point at 2151.578 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 67.541. 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 35.866, suggesting MELI is strong 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 $2295, which is above its 200-day simple moving average of 2279.174. Trading above the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.