MELI

Mercado Libre, Inc

Large CapIndustrialsNASDAQ
Moderate45th percentile vs Industrials stocks
Bearish Alignment|20d ↓50d ↓200d ↓

Updated: Oct 30, 2026, 2:17 AM

Open MELI on TradingViewAffiliate link
MELIBELOW 200-DAY

Mercado Libre, Inc

$1,660.13
-8.6% vs 200-day
Price200-day
1 year · Oct 30, 2026

Position vs 200-day MA

-8.6% below 200-day MA

MELI is 8.6% below its 200-day MA for 6 days. Its standing among Industrials stocks, the 45th percentile, is unremarkable either way.

Price

$1660.13

200-day MA

$1815.71

Streak below

6 days

Avg volume (90d)

507.1K

Market cap

$84.8B

Participation around MELI

Above 200-day MA

MELI's trend and the participation around it are sending mixed signals.

Industrials

41%

232 of 571 stocks

S&P 500

63%

316 of 498 stocks

This stock is currently below its 200-day average. The comparison shows how much support the move has around it.

Trend timeline

Last 200-day cross

Moved below

Oct 22, 2026

Current state

Below the 200-day MA

6 trading days

Shorter averages

Bearish alignment

20, 50, and 200-day view

Correlation vs. Industrials Peers

How MELI has moved with the 15 most liquid Industrials stocks over the trailing 60 trading days.

Most Correlated

MELI ↔ UBER0.44
MELI ↔ FISV0.33
MELI ↔ V0.31
MELI ↔ BKNG0.31
MELI ↔ CSGP0.20

Most Inverse

MELI ↔ LRCX-0.21
MELI ↔ RKLB-0.14
MELI ↔ CSX-0.05
MELI ↔ BE-0.04

Stocks most correlated with MELI

Ranked against every Nasdaq 100 stock using daily returns over the last 60 trading days. A value near +1 means the two tend to move together and near -1 means they tend to move opposite; most pairs sit well below those extremes.

Most correlated with MELI

  1. APPApplovin Corporation Class A Common Stock0.40
  2. DASHDoorDash, Inc. Class A Common Stock0.40
  3. NFLXNFLX0.35
  4. AXONAxon Enterprise, Inc. Common Stock0.33
  5. BKNGBooking Holdings Inc. Common Stock0.31

Most inverse to MELI

  1. HONHoneywell International, Inc.-0.24
  2. AMATApplied Materials Inc-0.21
  3. LRCXLam Research Corp-0.21
  4. FASTFastenal Co-0.21
  5. TXNTexas Instruments Incorporated-0.20

See the strongest pairs across the whole index on the Nasdaq 100 correlation pairs page.