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 -5.831, suggesting MELI.O is Strong sell.

MercadoLibre Inc (MELI.O) 20-Day simple moving average is 2125.414, while MercadoLibre Inc (MELI.O) share price is $1970.15, making it Sell.

MercadoLibre Inc (MELI.O) 60-Day simple moving average is 2069.247, while MercadoLibre Inc (MELI.O) share price is $1970.15, making it Sell.

Technical Analysis for MELI

Technical Sentiment Analysis for MercadoLibre Inc (MELI) As of 2026-02-06, MercadoLibre Inc (MELI) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 14 technical signals, shows that 4 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 37.33, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -5.831, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 15.362 and the Commodity Channel Index (CCI) at -162.157 further confirm a -167.14 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, MELI is trading below its 60-day moving average of $2069.247 and below its 200-day long-term moving average of $2281.697. Key price levels to watch include the immediate resistance at $2353.464 and strong support at $1924.464. A break above $2353.464 could signal a bull continuation, while falling below $1924.464 may test the next Fibonacci floor at $1704.232.

MercadoLibre Inc (MELI) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1495.464	1704.232	1924.464	2133.232	2353.464	2562.232	2782.464
Fibonacci	1704.232	1868.11	1969.354	2133.232	2297.11	2398.354	2562.232

MercadoLibre Inc (MELI) Technical Indicators

2026-02-06

Name	Value
RSI_14	37.33
STOCHk_14_3_3	15.362
STOCHd_14_3_3	20.153
CCI_20	-162.157
AO_5_34	-26.77
MOM_10	-167.14
MACD_12_26_9	-5.831

MercadoLibre Inc (MELI) Relative Strength Index (RSI) is 37.33, creating a Neutral signal.

MercadoLibre Inc (MELI) Stochastic Oscillator is 15.362, creating a Buy signal.

MercadoLibre Inc (MELI) Stochastic RSI is 20.153, creating a Neutral signal.

MercadoLibre Inc (MELI) Commodity Channel Index (CCI) is -162.157, creating a Buy signal.

MercadoLibre Inc (MELI) Awesome Oscillator is -26.77, creating a Sell signal.

MercadoLibre Inc (MELI) Momentum is -167.14, creating a Sell signal.

MercadoLibre Inc (MELI) MACD is -5.831, creating a Sell signal.

MercadoLibre Inc (MELI) Moving Average

2026-02-06

Period	Simple	Signal
MA_5	2060.962	Sell
MA_10	2144.696	Sell
MA_20	2125.414	Sell
MA_60	2069.247	Sell
MA_200	2281.697	Sell
MA_250	2234.999	Sell

MercadoLibre Inc (MELI) 5-Day simple moving average is 2060.962, while MercadoLibre Inc (MELI) share price is $1970.15, making it a Sell.

MercadoLibre Inc (MELI) 10-Day simple moving average is 2144.696, while MercadoLibre Inc (MELI) share price is $1970.15, making it a Sell.

MercadoLibre Inc (MELI) 20-Day simple moving average is 2125.414, while MercadoLibre Inc (MELI) share price is $1970.15, making it a Sell.

MercadoLibre Inc (MELI) 60-Day simple moving average is 2069.247, while MercadoLibre Inc (MELI) share price is $1970.15, making it a Sell.

MercadoLibre Inc (MELI) 200-Day simple moving average is 2281.697, while MercadoLibre Inc (MELI) share price is $1970.15, making it a Sell.

MercadoLibre Inc (MELI) 250-Day simple moving average is 2234.999, while MercadoLibre Inc (MELI) share price is $1970.15, 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 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 1924.464 and a major resistance level at 2353.464. Traders also monitor the pivot point at 2133.232 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 37.33. 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 -5.831, 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 $1970.15, which is below its 200-day simple moving average of 2281.697. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.