MELI monthly performance report
Monthly MELI research: returns, drawdown, relative strength, seasonality, and key stats.
MELI monthly report
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Key takeaways
- MercadoLibre (MELI) closed August 2026 at $1,922.57, up 2.38% for the month and −20.16% over the trailing 12 months.
- Year-to-date, MELI is −4.55%, underperforming the S&P 500 which has returned +12.89% YTD.
- The stock is trading +1.62% versus its 200-day moving average ($1,891.87), a bullish technical signal.
- Over the past three years, MELI has underperformed the S&P 500 by −23.96%, with a relative strength index reading of 82.8.
- Win rate over the trailing 39 months stands at 48.7% — 19 positive months versus 20 negative months.
MercadoLibre ended August 2026 at $1,922.57, posting a monthly return of +2.38%. The S&P 500 returned +3.05% over the same window, leaving relative performance at −0.67%.
The current quarter stands at +11.41% (Q3 2026 (QTD)), while medium-term trend remains constructive: price is +1.62% versus the 200-day moving average ($1,891.87).
Year-to-date, MELI is −4.55% against SPY +12.89%, a gap of −17.44%. The stock is currently −24.56% below its 52-week high, with maximum 3-year drawdown at −40.82%.
| Period | MELI | S&P 500 (SPY) | Excess return |
|---|---|---|---|
| 1 Day | +1.80% | −0.20% | +2.00% |
| 1 Week | +3.22% | +3.90% | −0.68% |
| 1 Month | +2.38% | +3.05% | −0.67% |
| 3 Months | +7.25% | +7.11% | +0.13% |
| 6 Months | −10.46% | +10.70% | −21.16% |
| YTD | −4.55% | +12.89% | −17.44% |
| 12 Months | −20.16% | +22.58% | −42.74% |
| 3 Years | +48.33% | +72.29% | −23.96% |
| Rank | Month | Return |
|---|---|---|
| #1 | Nov 2023 | +30.79% |
| #2 | Aug 2024 | +23.05% |
| #3 | May 2024 | +19.30% |
| #4 | Apr 2025 | +19.18% |
| #5 | Feb 2025 | +12.86% |
| Rank | Month | Return |
|---|---|---|
| #1 | Feb 2026 | −17.66% |
| #2 | Dec 2024 | −14.46% |
| #3 | Nov 2025 | −11.13% |
| #4 | Jul 2025 | −10.26% |
| #5 | Sep 2023 | −9.61% |
| Quarter | Return |
|---|---|
| Q2 2025 | +33.25% |
| Q3 2025 | −10.12% |
| Q4 2025 | −13.73% |
| Q1 2026 | −11.29% |
| Q2 2026 | −2.82% |
| Q3 2026 (QTD) | +11.41% |
| Year | Return |
|---|---|
| 2023 | +83.63% |
| 2024 | +6.46% |
| 2025 | +18.91% |
| 2026 | −3.96% |
| Metric | Value |
|---|---|
| 52-Week High | $2,548.50 (2025-09-29) |
| 52-Week Low | $1,495.00 (2026-05-13) |
| Current Price | $1,922.57 |
| 200-Day Moving Average | $1,891.87 |
| Price vs 200DMA | +1.62% |
| 3-Year Maximum Drawdown | −40.82% (2026-05-15) |
| Current Drawdown from 52W High | −24.56% |
| RS metric | Value |
|---|---|
| RS Index (3-year, rebased to 100) | 82.8 |
| 3-Year Excess Return vs S&P 500 | −23.96% |
| RS Peak | 148.2 (May 2025) |
| RS Trough | 69.4 (May 2026) |
| Status | Underperforming Benchmark |
Frequently asked questions
What was MELI's return for this report period?
MELI returned +2.38% in the latest monthly window ending 2026-08-05.
Has MELI outperformed SPY year to date?
YTD MELI: −4.55% vs SPY: +12.89%.
What is MELI's 12-month return?
−20.16% over the trailing 12 months.
Is MELI above or below its 200-day moving average?
Price is +1.62% versus 200DMA ($1,891.87).
What is the maximum drawdown in the 3-year window?
−40.82% on 2026-05-15.