Mercado LibreMELI
Auto-detected technical analysis for MELI · data as of Sep 2, 2026. The chart above is live; the read below updates daily.
MELI is currently forming a triangle on the daily timeframe. Detected Sep 2, 2026.
A triangle is a brief, tidy pause that typically continues the move higher. A breakout projects a measured-move target near $1,996.14 (+22.9%).
New to this pattern? What a triangle is and how to trade it →
MELI's most recent completed triangle resolved as a loss: it broke higher on Aug 11, 2026 near $1,934.66, then was stopped out at $1,782.06 on Aug 18, 2026 — a 7.9% move (-1.13R) over 5 sessions. Across 174,297 backtested triangles, this setup wins 40.8% of the time.
Every completed pattern trade our nightly backtest found on MELI's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Triangle | Aug 11, 2026 @ $1,934.66 | Aug 18, 2026 @ $1,782.06 | Loss | +17.3% · -1.13R |
| Rising wedge | Aug 6, 2026 @ $1,825.51 | Aug 11, 2026 @ $1,944.99 | Loss | +10.6% · -1.00R |
| Triangle | Aug 5, 2026 @ $1,937.50 | Aug 7, 2026 @ $1,820.55 | Loss | +14.7% · -1.60R |
| Falling wedge | Jun 29, 2026 @ $1,725.45 | Sep 9, 2026 @ $1,909.00 | Win | +15.3% · +1.46R |
| Triangle | Jun 16, 2026 @ $1,708.20 | Aug 7, 2026 @ $1,820.55 | Win | +13.3% · +0.79R |
| Rising wedge | May 8, 2026 @ $1,685.00 | May 11, 2026 @ $1,537.82 | Win | +11.1% · +0.72R |
| Falling wedge | Feb 25, 2026 @ $1,760.12 | May 11, 2026 @ $1,549.27 | Win | +14.3% · +0.60R |
| Rising wedge | Feb 4, 2026 @ $2,001.82 | Feb 25, 2026 @ $1,837.99 | Win | +8.2% · +0.48R |
| Triangle | Jan 26, 2026 @ $2,233.75 | Feb 4, 2026 @ $2,085.31 | Loss | +17.6% · -1.11R |
| Falling wedge | Jan 5, 2026 @ $2,036.68 | Feb 23, 2026 @ $1,901.08 | Loss | +19.6% · -2.00R |
| Triangle | Nov 20, 2025 @ $2,014.71 | Mar 24, 2026 @ $1,625.52 | Win | +19.3% · +0.94R |
| Rising wedge | Oct 1, 2025 @ $2,273.75 | Oct 2, 2025 @ $2,168.15 | Win | +4.6% · +0.38R |
Historical examples from the published simulation. This selection is not a win-rate sample.
Price found a floor near $1,518.89 about 3 months ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $2,399.07 — still about 21% away.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Sep 2, 2026 | $1,949.61 | $1,993.17 | $1,949.61 | $1,990.26 |
| Sep 1, 2026 | $1,900.00 | $1,975.01 | $1,900.00 | $1,963.49 |
| Aug 31, 2026 | $1,954.00 | $1,964.00 | $1,922.38 | $1,936.20 |
| Aug 28, 2026 | $1,941.99 | $1,972.59 | $1,939.95 | $1,966.25 |
| Aug 27, 2026 | $1,947.26 | $1,961.99 | $1,906.07 | $1,930.75 |
| Aug 26, 2026 | $1,995.39 | $2,008.38 | $1,948.40 | $1,950.44 |
| Aug 25, 2026 | $1,937.83 | $2,011.20 | $1,929.00 | $1,997.00 |
| Aug 24, 2026 | $1,926.75 | $1,990.99 | $1,918.00 | $1,947.90 |
| Aug 21, 2026 | $1,928.39 | $1,962.57 | $1,911.01 | $1,922.73 |
| Aug 20, 2026 | $1,897.76 | $1,929.64 | $1,885.33 | $1,921.96 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.