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MercadoLibre, Inc. (MELI) Corporate Logo

MercadoLibre, Inc. (MELI) Stock Price & Analysis

Market: NASDAQ • Sector: Consumer Cyclical • Industry: Specialty Retail

MercadoLibre, Inc. (MELI) Profile & Business Summary

MercadoLibre, Inc. operates online commerce platforms in Latin America. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases online; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps. The company also offers Mercado Fondo that allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which extends loans to certain merchants and consumers; and Mercado Envios logistics solution that enables sellers on its platform to utilize third-party carriers and other logistics service providers, as well as fulfillment and warehousing services for sellers. In addition, it provides Mercado Libre Classifieds, an online classified listing service, where users can list and purchase motor vehicles, real estate, and services; Mercado Libre Ads, an advertising platform, which enables large retailers and brands to promote their products and services on the Internet; and Mercado Shops, an online storefronts solution that enables users to set-up, manage, and promote their own digital stores. MercadoLibre, Inc. was incorporated in 1999 and is headquartered in Montevideo, Uruguay.

Key Information

Ticker MELI
Exchange NASDAQ
Official Site https://www.mercadolibre.com
CIK Number 0001099590
View SEC Filings

Market Trend Overview for MELI

One model, two time views: what the market looks like right now, and where the larger trend is heading over time.

Longer-Term Market Trend (Mid to Long Term)

Shows the bigger market trend, how strong it is, and where risks may start to build over the next few weeks or months. — Updated as of 2026-03-25 (ET)

As of 2026-03-25, MELI is showing signs of slowing down. Over the longer term, the trend remains bearish.

MELI last closed at 1639.47. The price is about 1.4 ATR below its recent average price (1748.06), and the market is currently in a trend that may be losing strength. Price at 1639.47 is near minor support around 1631.18. Momentum may slow, while minor resistance sits near 1691.79. View Support & Resistance from Options

Short-term and long-term trends are aligned to the downside, keeping downside risk dominant.

Trend Alignment Summary

Trend score: 45 out of 100. Overall alignment is unclear. The market is currently in a late-stage trend that may be losing strength. The longer-term trend is still negative, but short-term signals are not yet confirming it.

Key Risk Level

There is no clear risk level acting as a key boundary right now.

Recent Trend Signal

On 2026-02-05, trend conditions deteriorated, suggesting that moves in the prior direction became less dependable.

Recent Price Behavior

Recent bars show mixed price behavior without a clear shift in structural quality or efficiency.

Overnight Positioning

There was no clear sign of meaningful positions being carried into the overnight session.

Next-day directional probability forecast Last updated: 2026-03-25 (ET)
Next-session outlook for 2026-03-26 (ET)
No clear next-day edge

What the model sees

The model stays neutral because the setup is not clear enough to justify a directional deployment.


Why the model says this

The model does not deploy this setup because predictability is still too low and price is still close to a gamma transition zone. Predictability is 26%, agreement is 62%, and reversal risk is 34%.

NOTE: This next-day up/down probability forecast module is still being tested for accuracy. Please do not rely on it for investment decisions. The model does not account for black swan events or company-specific fundamental news, and its estimates are based solely on technical conditions, capital flow, and market sentiment. View forecast history

Recent Cost Distribution Last updated: 2026-03-25 (ET)

This reading is based on the last 20 trading days of 15-minute price, volume, and VWAP data. Price is trading 3.7% below the recent estimated cost basis of 1701.87, so the recent structure is still leaning under pressure. Price is below the main cost band (1708.42 to 1773.47), and roughly 90% of recent positioning remains under water. That means rebounds can still run into supply from trapped holders. The next lower support area sits around 1624.34 to 1627.51. The higher up selling area sits around 1700.49 to 1703.67, so rebounds may begin to slow as price pushes into that zone. From a trading point of view, this setup remains tougher until price can reclaim the lower edge of the main cost band near 1708.42.

Short Interest & Covering Risk for MELI

This analysis looks at overall short interest positioning, focusing on the broader setup rather than short-term noise.

Squeeze Score 0.77

Shows how likely a short squeeze may be under current market conditions.

Key Market Risk Indicators
Short Crowding (Short Interest / Float) 1.90%
Short Positions Trend Increasing
Liquidity Trend (Average Daily Volume) 15.62%
20-Day Return -7.25%
Price vs 20-Day High Below Recent Highs

Short Exposure Percentile

Short interest is within its typical range, with no clear imbalance between buyers and sellers. (Historical percentile: 50%)

Structure Analysis

MELI Short positioning looks normal. Current days to cover is 1.4 trading days, meaning short positions could unwind at a normal pace. Short covering is likely to have a normal impact on price moves. Price is already trending lower (20D return -7.3%). The current configuration reflects active downside pressure rather than latent structural fragility.

Risk Summary

No clear bull trap characteristics detected. Recent price behavior remains broadly consistent with current positioning.This reading helps confirm that current price action remains structurally healthy and does not indicate elevated trap risk.

Why Price Reactions May Be Stronger?

In the latest reporting period, short interest continues to increase. Price action is compressing (range is tightening), which can make breaks more sensitive. Adaptive thresholds applied to liquidity weakness, near-high detection, and compression sensitivity. As a result, similar news or market events could lead to price moves about 1× larger than usual.


Note: Short interest data is reported every two weeks by FINRA. The most recent snapshot is 2026-02-27 (ET).
Because this data updates slowly, it is not intended to predict short-term price moves. Instead, it helps describe longer-term market structure and where pressure may be building if prices begin to move.

Analytical Modules