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MercadoLibre Inc (MELI) – sideways & breakout history

NASDAQ

MercadoLibre Inc has been moving sideways between $1,723.9033 and $2,635.8799 since 12 Oct 2025.

Since 2021, NasdaqScan has found 3 sideways ranges in MELI. Completed ranges lasted 525 days on average, from 518 to 532 days. Of those 2, 1 broke upward and 1 ended without a clear breakout. The current range is 53% wide from low to high. NasdaqScan detected one breakout pattern in MercadoLibre Inc, on 17 May 2026 after 406 days of sideways movement.

Gold dashed bands mark earlier sideways ranges, from their first swing to where they broke. Pick a range in the table below to zoom the chart to it.

Sideways ranges

RangeFormedEndedHow it endedBreakout signals
12 Oct 2025Still sideways—17 May 2026 (Go ahead)
21 Jul 20244 Jan 2026 (532 days)Broke above the range at $1,897.1801—
12 Sept 202112 Feb 2023 (518 days)Range invalidated at $1,250.4817—

Breakout patterns detected

  • 17 May 2026: breakout from a sideways range after 406 days (Go ahead)

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.

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