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 -77.433, suggesting MELI is Strong Sell.

MercadoLibre Inc (MELI) 20-Day simple moving average is 1702.873, while MercadoLibre Inc (MELI) share price is $1599.52, making it Sell.

MercadoLibre Inc (MELI) 60-Day simple moving average is 1938.955, while MercadoLibre Inc (MELI) share price is $1599.52, making it Sell.

Technical Analysis for MELI

Technical Sentiment Analysis for MercadoLibre Inc (MELI) As of 2026-03-27, MercadoLibre Inc (MELI) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 3 indicators are flashing buy, while 10 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MELI stands at 33.069, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -77.433, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 12.003 and the Commodity Channel Index (CCI) at -129.761 further confirm a -70.48 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MELI is trading below its 60-day moving average of $1938.955 and below its 200-day long-term moving average of $2172.084. Key price levels to watch include the immediate resistance at $1743.871 and strong support at $1584.819. A break above $1743.871 could signal a bull continuation, while falling below $1584.819 may test the next Fibonacci floor at $1509.489.

MercadoLibre Inc (MELI) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1425.767	1509.489	1584.819	1668.541	1743.871	1827.593	1902.923
Fibonacci	1509.489	1570.247	1607.783	1668.541	1729.299	1766.835	1827.593

MercadoLibre Inc (MELI) Technical Indicators

2026-03-27

Name	Value
RSI_14	33.069
STOCHk_14_3_3	12.003
STOCHd_14_3_3	12.372
CCI_20	-129.761
AO_5_34	-159.59
MOM_10	-70.48
MACD_12_26_9	-77.433

MercadoLibre Inc (MELI) Relative Strength Index (RSI) is 33.069, creating a Neutral signal.

MercadoLibre Inc (MELI) Stochastic Oscillator is 12.003, creating a Buy signal.

MercadoLibre Inc (MELI) Stochastic RSI is 12.372, creating a Buy signal.

MercadoLibre Inc (MELI) Commodity Channel Index (CCI) is -129.761, creating a Buy signal.

MercadoLibre Inc (MELI) Awesome Oscillator is -159.59, creating a Sell signal.

MercadoLibre Inc (MELI) Momentum is -70.48, creating a Sell signal.

MercadoLibre Inc (MELI) MACD is -77.433, creating a Sell signal.

MercadoLibre Inc (MELI) Moving Average

2026-03-27

Period	Simple	Signal
MA_5	1629.616	Sell
MA_10	1660.15	Sell
MA_20	1702.873	Sell
MA_60	1938.955	Sell
MA_200	2172.084	Sell
MA_250	2196.502	Sell

MercadoLibre Inc (MELI) 5-Day simple moving average is 1629.616, while MercadoLibre Inc (MELI) share price is $1599.52, making it a Sell.

MercadoLibre Inc (MELI) 10-Day simple moving average is 1660.15, while MercadoLibre Inc (MELI) share price is $1599.52, making it a Sell.

MercadoLibre Inc (MELI) 20-Day simple moving average is 1702.873, while MercadoLibre Inc (MELI) share price is $1599.52, making it a Sell.

MercadoLibre Inc (MELI) 60-Day simple moving average is 1938.955, while MercadoLibre Inc (MELI) share price is $1599.52, making it a Sell.

MercadoLibre Inc (MELI) 200-Day simple moving average is 2172.084, while MercadoLibre Inc (MELI) share price is $1599.52, making it a Sell.

MercadoLibre Inc (MELI) 250-Day simple moving average is 2196.502, while MercadoLibre Inc (MELI) share price is $1599.52, 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 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 1584.819 and a major resistance level at 1743.871. Traders also monitor the pivot point at 1668.541 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 33.069. 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 -77.433, 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 $1599.52, which is below its 200-day simple moving average of 2172.084. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.