MELI (MercadoLibre) Technical Analysis

MELI Technical Analysis leverages historical price and volume data to provide real-time indicator values and signals, including RSI, MACD, Bollinger Bands, and volume, to reflect market momentum, volatility ranges, and price-volume dynamics. It also integrates market sentiment metrics such as the VIX volatility index, Advance-Decline ratio (A/D ratio), and Put/Call options ratio for broader market context. Multi-timeframe views span from minute intervals to daily, weekly, and monthly charts, making it easy to track indicator behavior across periods. Key support and resistance levels are displayed alongside current prices, calculated via pivots, Fibonacci retracements, and historical extremes to offer an immediate overview of market structure.
MELI
MELI

MercadoLibre

$1,733.44+2.69%
Today's High$1,765.86
Today's Low$1,686.01
Today's Open$1,688.00
Yesterday's Close$1,688.00

MELI (MercadoLibre) Technical Analysis Overview

AI CreationAs of July 1, 2026, MercadoLibre (MELI) is showing mixed technical signals with weak trend conviction. The MACD level of -3.1681 carries a buy signal despite remaining in negative territory, suggesting downside momentum may be stabilizing, while the RSI(14) reading of 54.0991 places price action in neutral territory with balanced forces between buyers and sellers. The ADX(14) value of 10.9556 signals weak trend strength, implying the current move lacks persistence and remains vulnerable to consolidation or reversal. The moving average system exhibits a bearish structure, with price at 1682.05 trading below the EMA20 at 1647.4074 and significantly below the SMA200 at 1948.3752, confirming intermediate-to-long-term downward bias, though shorter-period moving averages remain aligned in a buy signal arrangement that suggests near-term support is intact.

Oscillators

Strong Sell
Strong Buy
Buy
0
Sell
9
Neutral
2
Buy

Summary

Strong Sell
Strong Buy
Buy
3
Sell
10
Neutral
13
Buy

Moving Averages

Strong Sell
Strong Buy
Strong Buy
3
Sell
1
Neutral
11
Buy

MELI (MercadoLibre) Live Candlestick Chart

MELI (MercadoLibre) Multi-Timeframe Technical Rating

Summary1H4H1D1W
Moving Averages (15)13113111386
Oscillators (11)NeutralNeutralNeutralNeutral
RSI (14)67.466.260.047.5
MACD (12,26)Golden CrossGolden CrossGolden CrossDeath Cross

MELI (MercadoLibre) Technical Indicator Interpretation

Based on 1-day closing price series

Oscillators

NameValueOperation
RSI(14)
60.0933Neutral
Stochastic %K (14, 3, 3)
78.8222Neutral
Commodity Channel Index (CCI) (20)
229.4025Neutral
Average Directional Index (ADX) (14)
12.3005Neutral
Awesome Oscillator (AO)
44.9779Neutral
Momentum Indicator (10)
72.84Buy
MACD Level (12, 26)
5.6606Buy
Stochastic RSI Fast (3, 3, 14, 14)
100Neutral
Williams Percent Range (%R) (14)
-8.9459Neutral
Bull Bear Power (BBP)
153.7738Neutral
Ultimate Oscillator (UO) (7, 14, 28)
55.3007Neutral

Moving Averages

NameValueOperation
EMA (10)
1,670.0393Buy
SMA (10)
1,652.144Buy
EMA (20)
1,657.9094Buy
SMA (20)
1,638.202Buy
EMA (30)
1,662.0397Buy
SMA (30)
1,649.7207Buy
EMA (50)
1,684.3774Buy
SMA (50)
1,686.097Buy
EMA (100)
1,761.8727Sell
SMA (100)
1,741.0903Buy
EMA (200)
1,883.4697Sell
SMA (200)
1,945.4724Sell
Ichimoku Kinko Hyo Base Line (9, 26, 52, 26)
1,656.33Neutral
Volume-Weighted Moving Average (VWMA) (20)
1,635.535Buy
Hull Moving Average (HMA) (9)
1,724.0542Buy

MELI (MercadoLibre) Pivot Points

Based on 1-day timeframe

PriceClassicFibonacciCamarillaWoodieDM
R32,059.43171,861.01671,751.95412,012.6225-
R21,861.01671,785.22211,733.76611,878.5188-
R11,779.20331,738.39621,715.5781,814.20751,720.9025
Pivot P1,662.60171,662.60171,662.60171,680.10381,633.4513
S11,580.78831,586.80711,679.2021,615.79251,522.4875
S21,464.18671,539.98121,661.01391,481.6888-
S31,265.77171,464.18671,642.82591,417.3775-

MELI (MercadoLibre) Market Sentiment Index

Analyst Rating2,216.9583
Options Put/Call Ratio+70.96%
Implied Volatility (IV)58.488

MELI (MercadoLibre) Deep Technical Analysis

As of July 1, 2026, MercadoLibre (MELI) is exhibiting a mixed technical structure with early signs of oscillator stabilization. The MACD level of -3.1681 registers a buy signal despite remaining in negative territory, indicating that downside momentum may be exhausting from deeper lows; the **MELI technical analysis** confirms a structure where oscillators are beginning to show signs of exhaustion rather than fresh directional commitment. The RSI(14) at 54.0991 places price action in neutral equilibrium, implying that selling pressure has moderated but conviction remains absent. The ADX(14) value of 10.9556 signals weak trend strength, specifically indicating a fragile directional move that lacks conviction and persistence. This low ADX reading suggests that the current bearish structure is vulnerable to consolidation or reversal patterns rather than sustained decline. The Commodity Channel Index (20) at 105.2725 registers a sell signal, reflecting overbought conditions in the oscillator space. The Awesome Oscillator at 28.0054 with a neutral signal adds confirmation that directional bias is present but not forceful, leaving the overall oscillator ensemble pointing toward weakness rather than commitment. The moving average system reveals a mixed alignment across multiple timeframes. The EMA10 at 1650.7928 sits above the EMA20 at 1647.4074, and both trade below the EMA50 at 1681.3583, confirming that short-term price momentum shows early bullish structure but remains subordinate to intermediate-term resistance. The SMA200 at 1948.3752 lies significantly above current price near 1682.05, establishing a long-term resistance barrier and reinforcing the broader downtrend; the substantial gap between price and the 200-day average underscores the strength of medium-to-long-term bearish bias. The near-term MELI market analysis shows that the moving average hierarchy exhibits a crossover pattern, with shorter-period averages attempting to align bullishly while longer-period averages maintain bearish dominance—a structure that suggests consolidation rather than committed directional movement. In terms of key levels, the Fibonacci retracement framework provides critical reference points for potential support and resistance. The nearest support level sits at 1542.66 (S1), with deeper support at 1449.44 (S2) and 1298.55 (S3); resistance targets are positioned at 1844.44 (R1), 1937.66 (R2), and 2088.55 (R3). The current price of 1682.05 trades above the first Fibonacci support, suggesting that a test of 1542.66 would represent a logical downside target should weakness persist; conversely, a recovery above 1844.44 would signal a potential shift in near-term technical structure. The MELI price forecast remains constrained by this level-based framework until conviction returns to the oscillator space. On the market sentiment front, the option Put/Call ratio of 117.43 indicates elevated hedging activity, suggesting investors maintain heightened risk awareness despite weak technical trend strength. The analyst rating of 2216.9583 reflects a moderately positive view from the research community, creating a divergence between technical weakness and fundamental sentiment optimism. The implied volatility level of 52.6921 reflects moderate-to-elevated uncertainty in the options market, consistent with the weak trend environment suggested by ADX readings. Together, these signals suggest that while technical structure remains vulnerable and trend strength is weak, underlying sentiment contains bullish elements—the MELI price prediction remains shaped by this tension between technical consolidation and analyst support, leaving the near-term outcome vulnerable to either a retest of support or a bounce contingent on how key levels respond.

FAQ

What is the current technical rating for MELI?

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On the 4H timeframe, the aggregate technical rating for MELI is Buy. This rating is dynamically aggregated from moving averages and momentum oscillators to reflect the prevailing trend direction and price velocity.

Where are the key support and resistance levels for MELI?

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What are the current RSI and MACD signals for MELI?

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How often is the MELI technical analysis data updated?

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