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 29.424, suggesting MELI is Neutral.

MercadoLibre Inc (MELI) 20-Day simple moving average is 1663.042, while MercadoLibre Inc (MELI) share price is $1813.61, making it Buy.

MercadoLibre Inc (MELI) 60-Day simple moving average is 1709.158, while MercadoLibre Inc (MELI) share price is $1813.61, making it Buy.

Technical Analysis for MELI

Technical Sentiment Analysis for MercadoLibre Inc (MELI) As of 2026-07-07, MercadoLibre Inc (MELI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 7 indicators are flashing buy, while 6 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MELI stands at 65.779, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 29.424, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 93.531 and the Commodity Channel Index (CCI) at 187.505 further confirm a 224.16 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MELI is trading below its 60-day moving average of $1709.158 and below its 200-day long-term moving average of $1936.501. Key price levels to watch include the immediate resistance at $1838.256 and strong support at $1568.166. A break above $1838.256 could signal a bull continuation, while falling below $1568.166 may test the next Fibonacci floor at $1432.038.

MercadoLibre Inc (MELI) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1298.076	1432.038	1568.166	1702.128	1838.256	1972.218	2108.346
Fibonacci	1432.038	1535.212	1598.954	1702.128	1805.302	1869.044	1972.218

MercadoLibre Inc (MELI) Technical Indicators

2026-07-07

Name	Value
RSI_14	65.779
STOCHk_14_3_3	93.531
STOCHd_14_3_3	90.568
CCI_20	187.505
AO_5_34	97.776
MOM_10	224.16
MACD_12_26_9	29.424

MercadoLibre Inc (MELI) Relative Strength Index (RSI) is 65.779, creating a Neutral signal.

MercadoLibre Inc (MELI) Stochastic Oscillator is 93.531, creating a Sell signal.

MercadoLibre Inc (MELI) Stochastic RSI is 90.568, creating a Sell signal.

MercadoLibre Inc (MELI) Commodity Channel Index (CCI) is 187.505, creating a Sell signal.

MercadoLibre Inc (MELI) Awesome Oscillator is 97.776, creating a Buy signal.

MercadoLibre Inc (MELI) Momentum is 224.16, creating a Buy signal.

MercadoLibre Inc (MELI) MACD is 29.424, creating a Buy signal.

MercadoLibre Inc (MELI) Moving Average

2026-07-07

Period	Simple	Signal
MA_5	1764.446	Buy
MA_10	1704.294	Buy
MA_20	1663.042	Buy
MA_60	1709.158	Buy
MA_200	1936.501	Sell
MA_250	2025.082	Sell

MercadoLibre Inc (MELI) 5-Day simple moving average is 1764.446, while MercadoLibre Inc (MELI) share price is $1813.61, making it a Buy.

MercadoLibre Inc (MELI) 10-Day simple moving average is 1704.294, while MercadoLibre Inc (MELI) share price is $1813.61, making it a Buy.

MercadoLibre Inc (MELI) 20-Day simple moving average is 1663.042, while MercadoLibre Inc (MELI) share price is $1813.61, making it a Buy.

MercadoLibre Inc (MELI) 60-Day simple moving average is 1709.158, while MercadoLibre Inc (MELI) share price is $1813.61, making it a Buy.

MercadoLibre Inc (MELI) 200-Day simple moving average is 1936.501, while MercadoLibre Inc (MELI) share price is $1813.61, making it a Sell.

MercadoLibre Inc (MELI) 250-Day simple moving average is 2025.082, while MercadoLibre Inc (MELI) share price is $1813.61, 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 Neutral. 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 1568.166 and a major resistance level at 1838.256. Traders also monitor the pivot point at 1702.128 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 65.779. 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 29.424, suggesting MELI is Neutral. 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 $1813.61, which is below its 200-day simple moving average of 1936.501. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.

Name

Pivot Points

Classic

1298.076

1432.038

1568.166

1702.128

1838.256

1972.218

2108.346

Fibonacci

1432.038

1535.212

1598.954

1702.128

1805.302

1869.044

1972.218

Name

Value

RSI_14

65.779

STOCHk_14_3_3

93.531

STOCHd_14_3_3

90.568

CCI_20

187.505

AO_5_34

97.776

MOM_10

224.16

MACD_12_26_9

29.424

Period

Simple

Signal

MA_5

1764.446

Buy

MA_10

1704.294

Buy

MA_20

1663.042

Buy

MA_60

1709.158

Buy

MA_200

1936.501

Sell

MA_250

2025.082

Sell

Frequently Asked Questions