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MELI Technical Analysis

MercadoLibre, Inc. — AI-powered chart analysis updated daily after market close

Multi-Timeframe Overview

Daily
FALLING KNIFE
Weekly
FALLING KNIFE
Monthly
BOTTOMING ATTEMPT

As of March 26, 2026, MELI (MercadoLibre, Inc.) is in a falling knife state on the daily timeframe with 74% confidence. The weekly chart shows a falling knife pattern (73% confidence), while the monthly timeframe indicates bottoming attempt.

MELI MercadoLibre, Inc. daily candlestick chart with moving averages and RSI — falling knife
Daily FALLING KNIFE
Sharp selloff with consecutive red candles; price ~$1639 is below all key EMAs/SMAs; RSI-14 ~36 (weak momentum, not deeply oversold).
MELI MercadoLibre, Inc. weekly candlestick chart with moving averages and RSI — falling knife
Weekly FALLING KNIFE
Sharp weekly selloff with a large red close into the $1650-$1620 area (SMA200/EMA200 zone); price is now well below EMA50/EMA100 and momentum is weak (RSI ~$33).
MELI MercadoLibre, Inc. monthly candlestick chart with moving averages and RSI — bottoming attempt
Monthly BOTTOMING ATTEMPT
Monthly pullback from the $2.6k peak with a sharp drop back into the $1.6k area; price is now below EMA50 ($1715) but still above EMA100 ($1331) and SMA50 ($1588); RSI14 ~42 (bearish momentum, not oversold).

Frequently Asked Questions

What is the current technical outlook for MELI?

As of March 26, 2026, MELI (MercadoLibre, Inc.) is in a falling knife state on the daily timeframe with 74% confidence. Sharp selloff with consecutive red candles; price ~$1639 is below all key EMAs/SMAs; RSI-14 ~36 (weak momentum, not deeply oversold).

What are the support and resistance levels for MELI?

On the daily chart, MELI has key support at $1600 and resistance at $1730. On the weekly chart, support sits at $1620 with resistance at $1745. The monthly timeframe shows support at $1588 and resistance at $1715.

What timeframes are available for MELI?

FolioCharts provides daily, weekly, and monthly technical analysis for MELI. Each timeframe is analysed independently by AI agents using moving averages, RSI, and price action.

How often is MELI analysis updated?

MELI technical analysis is updated daily after the US market close. AI agents re-analyse all timeframes using the latest OHLCV price data. Learn more about our methodology.

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