MercadoLibre, Inc. (MELI) stocks — Weekly technical analysis | 26-30 Oct 2026
MELI
MercadoLibre, Inc.
📅 Earnings · Nov 04, 2026 · in 3d
Weekly technical analysis of MercadoLibre, Inc. (MELI) stocks: IQS 16/100. Structure, momentum and trading levels for swing trading updated 30 Oct 2026.
SCORE IQS Lite
16/100
Weekly Structure 5
Daily Momentum 3
Weekly Ichimoku 2
Daily CMF 6
Delta 0
IQS Lite components · score
IQS Lite analysis - AiTrading67.com · MercadoLibre, Inc. (MELI · ISIN US58733R1023)
Weekly Structure
At 5/30 structure is weak: moving averages misaligned, bearish weekly trend.
Daily Momentum
At 3/35 momentum is absent: flat or negative daily impulse, no acceleration.
Weekly Ichimoku
At 2/19 Ichimoku is bearish: price below the cloud, one of the two lines turning up.
Daily CMF
At 6/6 CMF shows inflows: capital entering and buying pressure.
Delta
At 0/10 the week is sharply down: weekly performance below -2%.
Concise reading of each axis score · sum = IQS Lite (0-100)
Executive View
Our view last week
MELI remains in weekly consolidation with strong daily momentum (MACD in strong bullish phase) tempered by tightness on the weekly EMA50. Price is inside the neutral technical zone, in transition toward new directional clarity, awaiting breakout confirmation that will release accumulated tension. The scenario is promising but contingent on confirmed entry signals.
This week's view by AiTrading67.com
The decline has pushed price into oversold territory with evident accumulation from strong inflows. The phase is highly compressed (IQS 16) with a favourable signal. Awaiting confirmation on a pullback remains the priority.
Chart MercadoLibre, Inc. (MELI) · 12-month trend
Source: TradingView
Over the past week the stock shed 10.3%; over twelve months it is down 23.0%.
Weekly Structure
Weekly RSI
Neutral-bearish
Weekly MACD · Status
D — Deterioration
Negative histogram expanding
Weekly EMA50
Free
Price well separated from the weekly MA
Weekly EMA Stack
Full bearish stack
5/5 MAs bearish-aligned
Below CloudT+K-
Daily Momentum
Daily ADX / DMI
Weak
−DI dominates +DI
Daily RSI
Oversold
Capital Flow (CMF)
Heavy inflow
Daily MACD · Status
D — Deterioration
Daily Stochastic
Neutral
Weekly EMA Cross
Mature Death Cross
In summary
ADX/DMI show moderate trend with -DI above +DI, RSI has entered oversold and CMF signals heavy inflows. MACD maintains the D pattern while stochastic remains neutral and the MA cross confirms a mature Death Cross. Despite the weakness, accumulation is evident.
Weekly market overview
US stocks Market Pulse →Platinum edition
See the Platinum analysis of MELI →
RSI is neutral-bearish, MACD maintains the D pattern (Strong bearish), and EMA50 remains free. The MA stack shows full bearish alignment (5/5), while Ichimoku sits below the bearish cloud. Weekly structure confirms downward pressure with limited recovery potential.