MELI
MercadoLibre Inc. Consumer Discretionary - E-Commerce Investor Relations →
MercadoLibre Inc. (MELI) closed at $1970.15 as of 2026-02-02, trading 23.9% above its 200-week moving average of $1590.66. The stock is currently moving closer to the line, down from 35.4% last week. The 14-week RSI sits at 35, indicating neutral momentum.
Over the past 917 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 $99.9 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 40.6%, indicating strong profitability. The stock trades at 16.0x book value.
Over the past 17.7 years, a hypothetical investment of $100 in MELI would have grown to $5673, compared to $753 for the S&P 500. That represents an annualized return of 25.7% vs 12.1% 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 170.7% compound annual rate, with 4 consecutive years of positive cash generation.
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% | +5929.6% |
| Aug 2009 | Aug 2009 | 1 | 1.2% | +114.5% | +6471.4% |
| May 2014 | Jun 2014 | 4 | 2.8% | +74.3% | +2264.2% |
| Sep 2015 | Nov 2015 | 7 | 11.3% | +78.6% | +1894.3% |
| Jan 2016 | Feb 2016 | 8 | 14.0% | +71.0% | +1861.7% |
| Mar 2022 | Mar 2022 | 1 | 2.3% | +31.0% | +120.9% |
| May 2022 | Aug 2022 | 13 | 33.6% | +34.1% | +112.4% |
| Aug 2022 | Jan 2023 | 21 | 24.3% | +31.9% | +116.6% |
| Average | 14 | — | +52.1% | — |
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 Friday close, 2026-02-02