MELI· Consumer Discretionary› Internet Retail

MercadoLibre, Inc.

Stage 3 · Topping · week 2

As of Oct 22, 2026, MercadoLibre is in Stage 3, the topping phase, now in week 2 (since Oct 9, 2026). It closed at $1,824.96, 22.7% below its 52-week high and below its 200-day average, which is falling.

MercadoLibre, Inc. operates online commerce platforms in Brazil, Mexico, Argentina, and internationally. More about the company

$1,824.96

-1.62% today

$92.5B · Large cap

Market Neutral — Building

Pro read

Pro

Our read

Topping: the uptrend is tiring

Setup score

—

Momentum

Steady

Edge

—

Is MELI early, or has it already run? Pro answers that for every US stock we cover, after every close.

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Stage Cycle Timeline2023-08-16 → 2026-10-22

S2 17w

S2 26w

S2 24w

S3 14w

S4 14w

S4 21w

2023-08-162026-10-22

S1S2S3S4Setup score (0–10, dashed line at 5)

S3 2w → S2 8w → S3 4w → S2 17w → S3 9w → S2 26w → S3 13w → S2 24w → S3 14w → S4 14w → S1 1w → S4 21w → S1 6w → S2 4w → S3 2w current

Total tracked: 165 weeks across 15 stage runs.

MELI among Internet Retail14th of 39 by relative strength

All 39 →

Stocks in Internet Retail ranked by relative strength, with stage and one-month change
#	Stock	Stage	RS	1M
1	LQDTLiquidity Services, Inc.	Stage 2 · wk 26	93	+3.7%
2	WWayfair Inc. Class A	Stage 2 · wk 11	82	+14.1%
3	CARTMaplebear Inc.	Stage 2 · wk 1	78	+20.3%
4	EBAYeBay Inc.	Stage 2 · wk 1	77	+11.9%
5	ETSYEtsy, Inc.	Stage 3 · wk 5	74	+23.2%
6	GLBEGlobal-E Online Ltd.	Stage 2 · wk 12	70	+0.2%
7	AMZNAmazon.com, Inc.	Stage 2 · wk 9	64	+0.4%
8	LITBLightInTheBox Holding Co., Ltd.	Stage 3 · wk 9	59	−8.4%
…14	MELIMercadoLibre, Inc.	Stage 3 · wk 2	43	+1.4%

vs 52W High

-22.7%

$1,546.81 lo$2,360.76 hi

22.7% below 52W high, weakening from peak

The stock is rolling over from its 52-week high. In Stage 3 distribution, new long positions carry high risk.

Stage Maturity

Week 2

1w13w26w

Week 2, early distribution

How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.

vs 200 DMA

-0.1%

200 DMA: $1,826.97 · sloping down

Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.

Rel Volume

0.82x

vs 50-day avg

Volume spikes on down days during Stage 3 signal distribution, with institutions exiting. Stage analysis reads that as a warning against new long positions.

Trend Health

↗

Short-term trend rising gently

Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.

+1.4%

+1.3%

+0.9%

YTD

-7.5%

-14.8%

Scan Membership

Breakout Watch

Latest: 2025-02-20

9 appearances in last 60 days. First seen: 2019-01-22.

A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.

Recent Stage Timeline

2026-10-22S3

Wk 2 · Vol 0.82x

2026-10-21S3

Wk 2 · Vol 0.43x

2026-10-20S3

Wk 2 · Vol 0.94x

2026-10-19S3

Wk 2 · Vol 0.76x

2026-10-16S3

Wk 2 · Vol 0.52x

2026-10-15S3

Wk 1 · Vol 0.87x

2026-10-14S3

Wk 1 · Vol 0.69x

2026-10-13S3

Wk 1 · Vol 0.46x

2026-10-12S3

Wk 1 · Vol 0.75x

2026-10-09S32→3

Wk 1 · Vol 0.58x

2026-10-08S2

Wk 5 · Vol 0.50x

2026-10-07S2

Wk 5 · Vol 0.78x

Moving averages & range

50 DMA

$1,859.70

200 DMA

$1,826.97

52W High

$2,360.76

52W Low

$1,546.81

5D Low

$1,824.96

Resistance levels (recent highs)

20d High

$1,892.44

60d High

$2,006.58

120d High

$2,006.58

250d High

$2,360.76

Next resistance

+3.7%

to 20d High

P/E (TTM)

49.6

Forward 32.5

Earnings Growth (YoY)

-10.9%

Revenue +49.8%

ROE

+27.5%

Profit margin +5.3%

Dividend Yield

0.00%

P/B 11.8

MercadoLibre: quick answers

What stage is MercadoLibre in?

As of Oct 22, 2026, MercadoLibre (MELI) is in Stage 3, the topping phase. It entered Stage 3 on Oct 9, 2026 and is in week 2. What the four stages mean

Is MercadoLibre in an uptrend?

Its uptrend has stalled. MercadoLibre is in Stage 3, the topping phase that follows an advance. It trades 0.1% below its 200-day average, which is falling.

How far is MercadoLibre from its 52-week high?

MercadoLibre closed at $1,824.96 on Oct 22, 2026, 22.7% below its 52-week high of $2,360.76. Its 52-week low is $1,546.81.

How has MercadoLibre performed over the past year?

As of Oct 22, 2026, MercadoLibre is down 14.8% over the past year and down 7.5% so far in 2026.

Which sector and industry is MercadoLibre in?

MercadoLibre is in the Internet Retail industry, part of the Consumer Discretionary sector.

About this companyConsumer Discretionary· Internet Retail

MercadoLibre, Inc. operates online commerce platforms in Brazil, Mexico, Argentina, and internationally. The company operates Mercado Libre Marketplace, an online commerce platform that can be accessed through mobile app or website; and Mercado Pago, a financial technology solution platform, which offers comprehensive set of financial technology services to users and other users of its e-commerce platform. It also provides Mercado Fondo that allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which grants loans and obtains better funding alternatives; and Mercado Mercado Envios that facilitates the shipping of goods from the Company and sellers to buyers. In addition, the company provides Mercado Libre Classifieds, where users can list vehicles, properties, and services; Mercado Ads, an advertising platform, which enables retailers and brands to promote their products and services on the platform. MercadoLibre, Inc. was incorporated in 1999 and is headquartered in Montevideo, Uruguay.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.