MELI

MELI

MercadoLibre Inc
Retail
$1947.90 +1.31% As of Aug 24, 9:01 PM
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Technical Analysis

MELI Volatility Compresses at $1947.90, Breakout Watch

Neutral
Aug 24, 2026 at 9:01 PM • $1947.90 (+1.31%)

MercadoLibre Inc (MELI) gained 1.31% to finish at $1947.90 on August 24.

From a technical standpoint, the outlook appears bullish:

Momentum RSI at 61.3 is neutral but improving. MACD is bullish (26.48 vs signal 21.00).
Moving Averages Price trades above the 9-day EMA ($1887.17) with a bullish stack. The 21-day EMA at $1861.73 provides support.
Volatility Stock has been in a TTM Squeeze for 20 days, indicating compressed volatility and potential for a significant move.

Technical levels: $1771.63 support, $1966.71 resistance.

TTM Squeeze Tightens Grip on MELI at $1922.73

Neutral
Aug 23, 2026 at 1:21 PM • $1922.73 (+0.04%)

Traders Watch MELI Squeeze Closely at $1922.73

Neutral
Aug 22, 2026 at 4:31 AM • $1922.73 (+0.04%)

MELI Volatility Compresses at $1922.73, Breakout Watch

Neutral
Aug 21, 2026 at 9:01 PM • $1922.73 (+0.04%)

MELI Volatility Dries Up Near $1921.96, Direction TBD

Neutral
Aug 20, 2026 at 9:01 PM • $1921.96 (+0.70%)
Systematic technical analysis • Updated daily after market close
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Market Summary

Current Price $1947.90
Daily Change +1.31%
Sentiment Neutral
Sector Retail
Last Updated Aug 24

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Disclaimer: This analysis is for educational purposes only. Options trading involves substantial risk. Past performance does not guarantee future results.