MELI
MercadoLibre Inc. Consumer Discretionary - E-Commerce Investor Relations →
MercadoLibre Inc. (MELI) closed at $1635.76 as of 2026-03-20, trading 1.1% above its 200-week moving average of $1617.29. The stock is currently moving closer to the line, down from 3.5% last week. The 14-week RSI sits at 32, indicating neutral momentum.
Trading volume is running at 1.0x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.73 ratio) is neutral — neither side is clearly dominating.
Over the past 923 weeks of data, MELI has crossed below its 200-week moving average 8 times. On average, these episodes lasted 14 weeks. Historically, investors who bought MELI at the start of these episodes saw an average one-year return of +52.1%.
With a market cap of $82.9 billion, MELI is a large-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 36.0%, indicating strong profitability. The stock trades at 12.3x book value.
Over the past 17.8 years, a hypothetical investment of $100 in MELI would have grown to $4710, compared to $709 for the S&P 500. That represents an annualized return of 24.2% vs 11.7% for the index — confirming MELI as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 63.1% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: MELI vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After MELI Crosses Below the Line?
Across 8 historical episodes, buying MELI when it crossed below its 200-week moving average produced an average return of +61.5% after 12 months (median +72.0%), compared to +5.4% for the S&P 500 over the same periods. 88% of those episodes were profitable after one year. After 24 months, the average return was +121.5% vs +26.9% for the index.
Each line shows $100 invested at the moment MELI crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
MELI has crossed below its 200-week MA 8 times with an average 1-year return of +52.1% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jul 2008 | Aug 2009 | 55 | 76.2% | -18.7% | +4906.2% |
| Aug 2009 | Aug 2009 | 1 | 1.2% | +114.5% | +5356.0% |
| May 2014 | Jun 2014 | 4 | 2.8% | +74.3% | +1863.0% |
| Sep 2015 | Nov 2015 | 7 | 11.3% | +78.6% | +1555.8% |
| Jan 2016 | Feb 2016 | 8 | 14.0% | +71.0% | +1528.8% |
| Mar 2022 | Mar 2022 | 1 | 2.3% | +31.0% | +83.4% |
| May 2022 | Aug 2022 | 13 | 33.6% | +34.1% | +76.4% |
| Aug 2022 | Jan 2023 | 21 | 24.3% | +31.9% | +79.8% |
| Average | 14 | — | +52.1% | — |
Frequently Asked Questions
Is MELI below its 200-week moving average?
No. MercadoLibre Inc. (MELI) is currently 1.1% above its 200-week moving average of $1617.29. It would need to fall to $1617.29 to cross below the line.
What is MELI's 200-week moving average price?
MercadoLibre Inc.'s 200-week moving average is $1617.29 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when MELI drops below its 200-week moving average?
MELI has crossed below its 200-week moving average 8 times in our data. On average, buying at that moment produced a one-year return of +52.1%. These dips have historically been decent entry points. These episodes lasted 14 weeks on average.
Is MELI a good value right now?
Here's what our data says about MELI as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 32. Free cash flow is currently negative. Return on equity is 36.0%. Price-to-book is 12.3x. This is not a buy or sell recommendation — always do your own research.
How does MELI compare to the S&P 500?
Over the past 17.8 years, $100 invested in MELI would have grown to $4710, compared to $709 for the S&P 500. That's 24.2% annualized vs 11.7% for the index. MELI has outperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20