Overall MELI gets a technical rating of 0 out of 10. MELI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
MELI has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1,880.74
When analyzing the support we notice one important area.
- A support zone ranging from 1899.74 to 1910.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance 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 resistance zone ranging from 2042.83 to 2075.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2113.18 to 2139.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2181.66 from a trend line in the daily time frame.
- 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 | 32.11 | 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) | 39.73 | NEUTRAL | The RSI value for MELI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.16 | NEGATIVE | The MACD value suggests MELI has a negative trend. |
| Stochastics (14,3) | 28.8 | NEUTRAL | The Stochastics value for MELI is a neutral value. |
| Average True Range in percent/ATR (20) | 3.67 | MEDIUM VOLATILITY | The ATR as a percentage value for MELI suggests some volalility. |
| Average Directional Index/ADX (14) | 19.49 | NEGATIVE | The low ADX value for MELI suggests a weak or negative trend. |
NASDAQ:MELI (12/16/2025, 3:03:53 PM)
1911.8
-54.96 (-2.79%)
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 39.7346. 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 -3.15533, 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.