Loading...



Technical Sentiment Analysis for MercadoLibre Inc (MELI) As of 2026-03-02, MercadoLibre Inc (MELI) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 11 technical signals, shows that 2 indicators are flashing buy, while 9 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MELI stands at 32.734, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -82.784, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 22.679 and the Commodity Channel Index (CCI) at -148.181 further confirm a -211.26 outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, MELI is trading below its 60-day moving average of $2039.321 and below its 200-day long-term moving average of $2253.193. Key price levels to watch include the immediate resistance at $2067.709 and strong support at $1674.082. A break above $2067.709 could signal a bull continuation, while falling below $1674.082 may test the next Fibonacci floor at $1467.348.
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1280.455 | 1467.348 | 1674.082 | 1860.975 | 2067.709 | 2254.602 | 2461.337 |
| Fibonacci | 1467.348 | 1617.713 | 1710.609 | 1860.975 | 2011.34 | 2104.236 | 2254.602 |
2026-03-02
| Name | Value |
|---|---|
| RSI_14 | 32.734 |
| STOCHk_14_3_3 | 22.679 |
| STOCHd_14_3_3 | 22.82 |
| CCI_20 | -148.181 |
| AO_5_34 | -266.579 |
| MOM_10 | -211.26 |
| MACD_12_26_9 | -82.784 |
2026-03-02
| Period | Simple | Signal |
|---|---|---|
| MA_5 | 1793.146 | Sell |
| MA_10 | 1880.817 | Sell |
| MA_20 | 1959.367 | Sell |
| MA_60 | 2039.321 | Sell |
| MA_200 | 2253.193 | Sell |
| MA_250 | 2223.622 | Sell |