Taking everything into account, MELI scores 0 out of 10 in our technical rating. MELI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
MELI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
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1,880.74
We found 2 important support areas.
- A support zone ranging from 1951.77 to 1980.47. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 1899.74 to 1912.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2001.69 to 2071.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2105.43 to 2164.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2368.82 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MELI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MELI is down. |
| ChartMill Relative Strength | 32.49 | NEUTRAL | MELI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MELI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MELI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MELI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.81 | NEUTRAL | The RSI value for MELI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -7.96 | NEGATIVE | The MACD value suggests MELI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.41 | OVERSOLD | The low Stochastics value suggests MELI may be oversold. |
| Average True Range in percent/ATR (20) | 3.84 | MEDIUM VOLATILITY | The ATR as a percentage value for MELI suggests some volalility. |
| Average Directional Index/ADX (14) | 23.25 | NEUTRAL | The ADX value for MELI suggests a possible start of a new trend. |
NASDAQ:MELI (12/19/2025, 3:35:09 PM)
1996.95
+32.49 (+1.65%)
MERCADOLIBRE INC / MELI FAQ
What is the technical rating for MELI stock?
ChartMill assigns a technical rating of 0 / 10 to MELI.
Can you provide the trend direction for MERCADOLIBRE INC?
The current trend direction for MERCADOLIBRE INC (MELI) is Bearish.
What is the RSI signal for MELI stock?
MERCADOLIBRE INC (MELI) has an RSI value of 41.8078. This indicates that the stock is currently neutral.
What is the MACD signal for MELI stock?
The MACD indicator for MERCADOLIBRE INC (MELI) has a value of -7.95583, indicating a bearish trend.
What is the buy/sell signal for MELI stock?
The buy/sell signal for MERCADOLIBRE INC (MELI) is sell as both the short term and long term trends are negative.