Mercadolibre (MELI) Technical Analysis: Signals, Charts & Indicators

2.94 / 10

Underperform

Technical assessment is poor, scoring 2.94/10 (Underperform). A MACD Golden Cross offers limited support, but frequent Long Lower Shadows and MACD Death Crosses signal bearish pressure, indicating a weak short‑term trend.

Analysis Checks(1/3)

Long Lower Shadow

Score1/10

Win Rate25.00%

Hist. Signals4

Avg Return-0.31%

MACD Death Cross

Score1/10

Win Rate25.00%

Hist. Signals12

Avg Return-2.41%

MACD Golden Cross

Score6.81/10

Win Rate63.64%

Hist. Signals11

Avg Return0.79%

What is the current technical signals for MELI?

MELI presents a Underperform setup with a Technical Score of 2.94/10. Key technical indicators highlight an RSI of 36.07 and a MACD of 1.30, with the trend anchored by the 50-Day SMA at 1922.25. Traders should monitor key support at 1594.31 and resistance at 1641.62.