MERCADOLIBRE INC (MELI) Technical Analysis
NASDAQ:MELI • US58733R1023
1670 USD
-10 (-0.6%)
At close: Mar 13, 2026
1665.56 USD
-4.44 (-0.27%)
After Hours: 3/13/2026, 9:41:44 PM
We assign a technical rating of 0 out of 10 to MELI. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 82% of all other stocks performed better in the past year than MELI.
- MELI is one of the lesser performing stocks in the Broadline Retail industry. 65% of 30 stocks in the same industry do better.
- MELI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MELI is lagging the market.
- In the last month MELI has a been trading in the 1631.18 - 2047.87 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
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
1,653.30
2,392.51
4 important resistance areas can be observed.
- A resistance zone ranging from 1787.87 to 1787.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2038.91 from a trend line in the weekly time frame.
- Resistance @2213.69 from a trend line in the daily time frame.
- A resistance zone ranging from 2360.76 to 2368.82. This zone is formed by a combination of multiple trend lines 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 | 18.64 | NEGATIVE | MELI has a low relative strength, it was outperformed by 81.36% off all stocks 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) | 31.18 | NEUTRAL | The RSI value for MELI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -5.31 | NEGATIVE | The MACD value suggests MELI has a negative trend. |
| Stochastics (14,3) | 18.84 | OVERSOLD | The low Stochastics value suggests MELI may be oversold. |
| Average True Range in percent/ATR (20) | 4.89 | MEDIUM VOLATILITY | The ATR as a percentage value for MELI suggests some volalility. |
| Average Directional Index/ADX (14) | 35.88 | POSITIVE | The high ADX value value for MELI suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
MELI Technicals: Chart, Performance Metrics, Trend & Indicators
1670
-10 (-0.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg-0.6%
1 Week-6.59%
2 Weeks-4.98%
1 Month-16.79%
3 Month-17.16%
6 Month-28.61%
12 Month-17.38%
2 Year10.45%
3 Year26.7%
5 Year13.44%
10 Year1317.06%
15 Year1945.82%
Volatility
ATR(14)85.05
ATR(20)%4.89%
ATR Inc5.43%
Range Today49.09
ADR(20)67.52
ADR(20)%4.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.64
3 months CRS21.23
6 months CRS17.04
Mansfield-2.77
10 Day High1810.62
10 Day Low1631.18
20 Day High2047.87
20 Day Low1631.18
52 Week High2645.22
52 Week Low1631.18
CS1 EndN/A
CR1 Start1787.87
Volume & EV
DER(3)4.89%
DER(5)2.64%
Volume678.90K
Volume Incr-6.43%
Vol(5)658.74K
Vol(50)619.30K
MERCADOLIBRE INC / MELI FAQ
What is the technical rating for MELI stock?
ChartMill assigns a technical rating of 0 / 10 to MELI.
What is the current trend direction of MERCADOLIBRE INC (MELI) stock?
The current trend direction for MERCADOLIBRE INC (MELI) is Bearish.
Can you provide the RSI signal for MERCADOLIBRE INC?
MERCADOLIBRE INC (MELI) has an RSI value of 31.1781. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MERCADOLIBRE INC?
The short term momentum for MERCADOLIBRE INC (MELI) is negative.
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.