Indicator summary: Leaning bearish (1 bullish, 3 bearish, 1 neutral). As of 2026-11-05, the close was $1,530.28: 15.8% below the 50-day average and 15.2% below the 200-day average, which is falling. RSI (14) is 32, in its neutral range. MACD is bearish after a cross in the last 10 days. The stock sits 7% of the way up its 52-week range of $1,469.01 to $2,342.00, on 3.9x its 20-day average volume.
| Indicator | Reading | Read |
|---|---|---|
| 50-day average | $1,816.45 | Price 15.8% below |
| 200-day average | $1,805.04 | Price 15.2% below, average falling |
| 50 vs 200-day | 50 above 200 | Golden-cross alignment |
| RSI (14) | 32 | Neutral range |
| MACD (12, 26, 9) | -54.51 vs -37.42 | Bearish cross in the last 10 days |
| 52-week range | $1,469.01 to $2,342.00 | 7% of the way up the range |
| Volume vs 20-day average | 3.9x | Heavy |
Base rates use MELI's own daily history since 2007; they describe the past, not a forecast.
As of 2026-11-05, MELI's 14-day RSI is 32, which is in the neutral range between 30 and 70.
No. MELI closed at $1,530.28 on 2026-11-05, 15.2% below its 200-day average of $1,805.04, which is falling. When it closed below its 200-day average (1,462 days), it was higher 63 trading days later 62% of the time, median +8.5%.
No. MELI closed at $1,530.28 on 2026-11-05, 15.8% below its 50-day average of $1,816.45. When it closed below its 50-day average (1,956 days), it was higher 63 trading days later 67% of the time, median +10.2%.
Yes, a bearish cross within the last 10 trading days. As of 2026-11-05 the MACD line is -54.51 against a signal line of -37.42, so MACD is bearish.
No. At $1,530.28 it sits 7% of the way up its 52-week range of $1,469.01 to $2,342.00, 34.7% below the high.
Leaning bearish: 1 of 5 indicators are bullish and 3 bearish as of 2026-11-05 (the 50 and 200-day averages, their alignment, RSI and MACD). A rating summarises the chart; it is not a recommendation.
ŷRobot chart signal: Hold, from the chart signal model.
MELI analysis: AI score, fair value and forecast · Is it a bull or a bear market today? · All covered stocks
ŷRobot analysis is AI-generated and quality-gated; nothing here is investment advice.