MELI monthly performance report
View MELI's monthly returns, drawdown, and seasonality trends — updated every month.
MELI monthly report
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Key takeaways
- MercadoLibre (MELI) closed November 2026 at $1,491.49, down 8.19% for the month and −26.57% over the trailing 12 months.
- Year-to-date, MELI is −25.95%, underperforming the S&P 500 which has returned +10.62% YTD.
- The stock is trading −16.51% versus its 200-day moving average ($1,786.52), a cautious technical signal.
- Over the past three years, MELI has underperformed the S&P 500 by −63.16%, with a relative strength index reading of 63.1.
- Win rate over the trailing 39 months stands at 41% — 16 positive months versus 23 negative months.
MercadoLibre ended November 2026 at $1,491.49, posting a monthly return of −8.19%. The S&P 500 returned −0.18% over the same window, leaving relative performance at −8.01%.
The current quarter stands at −13.71% (Q4 2026 (QTD)), while medium-term trend remains soft: price is −16.51% versus the 200-day moving average ($1,786.52).
Year-to-date, MELI is −25.95% against SPY +10.62%, a gap of −36.58%. The stock is currently −36.32% below its 52-week high, with maximum 3-year drawdown at −43.56%.
| Period | MELI | S&P 500 (SPY) | Excess return |
|---|---|---|---|
| 1 Day | +1.11% | −0.36% | +1.48% |
| 1 Week | −1.23% | +2.59% | −3.82% |
| 1 Month | −8.19% | −0.18% | −8.01% |
| 3 Months | −16.56% | −2.37% | −14.19% |
| 6 Months | −7.21% | +0.83% | −8.04% |
| YTD | −25.95% | +10.62% | −36.58% |
| 12 Months | −26.57% | +12.25% | −38.82% |
| 3 Years | +8.21% | +71.37% | −63.16% |
| Rank | Month | Return |
|---|---|---|
| #1 | Nov 2023 | +30.60% |
| #2 | Aug 2024 | +23.53% |
| #3 | Apr 2025 | +19.48% |
| #4 | May 2024 | +18.30% |
| #5 | Jan 2025 | +13.04% |
| Rank | Month | Return |
|---|---|---|
| #1 | Feb 2026 | −18.17% |
| #2 | Dec 2024 | −14.34% |
| #3 | Nov 2025 | −10.98% |
| #4 | Sep 2026 | −10.73% |
| #5 | Jul 2025 | −9.17% |
| Quarter | Return |
|---|---|
| Q3 2025 | −10.59% |
| Q4 2025 | −13.81% |
| Q1 2026 | −14.16% |
| Q2 2026 | −1.83% |
| Q3 2026 | +1.83% |
| Q4 2026 (QTD) | −13.71% |
| Year | Return |
|---|---|
| 2023 | +85.71% |
| 2024 | +8.20% |
| 2025 | +18.46% |
| 2026 | −25.95% |
| Metric | Value |
|---|---|
| 52-Week High | $2,342.00 (2026-01-28) |
| 52-Week Low | $1,463.20 (2026-11-13) |
| Current Price | $1,491.49 |
| 200-Day Moving Average | $1,786.52 |
| Price vs 200DMA | −16.51% |
| 3-Year Maximum Drawdown | −43.56% (2026-11-12) |
| Current Drawdown from 52W High | −36.32% |
| RS metric | Value |
|---|---|
| RS Index (3-year, rebased to 100) | 63.1 |
| 3-Year Excess Return vs S&P 500 | −63.16% |
| RS Peak | 142.7 (May 2025) |
| RS Trough | 62.2 (Nov 2026) |
| Status | Underperforming Benchmark |
Frequently asked questions
What was MELI's return for this report period?
MELI returned −8.19% in the latest monthly window ending 2026-11-13.
Has MELI outperformed SPY year to date?
YTD MELI: −25.95% vs SPY: +10.62%.
What is MELI's 12-month return?
−26.57% over the trailing 12 months.
Is MELI above or below its 200-day moving average?
Price is −16.51% versus 200DMA ($1,786.52).
What is the maximum drawdown in the 3-year window?
−43.56% on 2026-11-12.