MercadoLibre, Inc. (MELI) Technical Analysis
Updated: 2026-06-16 09:35 UTC · Last close: 1,646.36 (+3.57%) · Resistance: 1699.02
MercadoLibre, Inc. (MELI) technical analysis page covering price structure, support and resistance, momentum conditions and a fundamentals snapshot from WOI Scanner.
⬆️ Resistance
1699.02
🚀 Bullish Trigger
a clean close above 1,699.02 would strengthen the upside continuation case.
🔺 Technical Setup
Breakout Watch
Downtrend line not broken yet · score 0
Watch Level
2,142.30
RSI(14)
48.6
📊 Technical Summary
At a glance
Trend
Vulnerable
Momentum
Neutral
Range
9% of 52W range
Key Zone
Resistance 1699.02
The latest close for MercadoLibre, Inc. (MELI) came in at 1,646.36 (+3.57%). Broader technical structure remains under pressure. Momentum stays positive (+6.44%), with 52W position: 9% of range, while Volatility: ATR14 3.53%. RSI(14) is 48.6, leaving momentum in a fairly neutral range. RSI has been trending higher in recent sessions, indicating improving momentum conditions. MACD remains above its signal line, which keeps the momentum structure biased to the upside. The MACD histogram is positive and expanding, pointing to improving upside momentum.
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Nearby upside pressure sits around 1699.02.
🎯
Key levels:
A decisive move through that level would improve the short-term picture.
💼 Fundamentals Snapshot
Source: sec
💵 Revenue
8.85B
📈 Net Income
417.00M
🧮 EPS (Basic)
8.23
🏢 Company
MercadoLibre, Inc.
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Note: This is an algorithmic technical snapshot (not financial advice).