US stock / ETF

MercadoLibre, Inc.

MELI · NASDAQ · USD

1 dayBearish55%
Daily Downside probability 55%Bearish

MELI 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $1,915.9 and stabilize above resistance $2,066.

Invalidation Trigger

Break above $2,066 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 48.8, MACD -11.651

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $60.67 (3.2%)

Daily

EMA Structure

Bullish
EMA 8$1,919.3Bearish
EMA 21$1,915.9Bearish
EMA 50$1,870.6Bullish

Signals

CategoryReadStrength
Momentum
RSI 48.8 · MACD -11.651

Neutral zone

Strength
Bearish
Volatility
ATR $60.67 · BB 11.69%

Medium volatility

Strength
Range
Volume
MFI 58.4 · OBV 5.27%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$1,759.2 - $2,066

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+12.09% · 3.8 ATR above latest close

$2,126.7
Nearest resistance

+8.89% · 2.8 ATR above · 34-bar high

$2,066
Current price

Price shown is delayed

$1,897.4
Nearest support

-7.28% · 2.3 ATR below · 34-bar low

$1,759.2
Deeper support zone

-10.48% · 3.3 ATR below latest close

$1,698.5
ATR zone

Latest close ± ATR14

$1,836.7 - $1,958

Indicators

Trend

Dow Theory Structure

Confirmation $2,066, invalidation $1,840

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

26.4 / 24.4 / 25.4Bearish
Supertrend (10,3)

Price is above Supertrend

$1,731.1Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,932.8 / $1,889.8Bearish
Donchian Channel (20)

20-period breakout channel position

45%Range

Volatility

ATR (14)

Medium volatility

$60.67 (3.2%)Range
Bollinger Bands (20,2)

Width 11.69%

38%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$2,038.4 / $1,796.1Range
ATR channel lower / upper

Current Volatility Envelope

$1,836.7 / $1,958Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,066Range
Support

Nearest Downside Decision Level

$1,759.2Range

Momentum

RSI (14)

Neutral zone

48.8Range
MACD (12,26,9)

Histogram is negative

-11.651Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

25.4 / 26.7Bearish
Williams %R (14)

Neutral zone

-74.6Range
CCI (20)

Balanced zone

-25.7Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

58.4Bullish
OBV slope

20-period OBV slope

5.27%Bullish
Volume ratio

Relative to 20-period average volume

1.03xRange

Trend

Dow Theory Structure

Confirmation $2,066, invalidation $1,840

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

26.4 / 24.4 / 25.4Bearish
Supertrend (10,3)

Price is above Supertrend

$1,731.1Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,932.8 / $1,889.8Bearish
Donchian Channel (20)

20-period breakout channel position

45%Range

Momentum

RSI (14)

Neutral zone

48.8Range
MACD (12,26,9)

Histogram is negative

-11.651Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

25.4 / 26.7Bearish
Williams %R (14)

Neutral zone

-74.6Range
CCI (20)

Balanced zone

-25.7Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Medium volatility

$60.67 (3.2%)Range
Bollinger Bands (20,2)

Width 11.69%

38%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$2,038.4 / $1,796.1Range
ATR channel lower / upper

Current Volatility Envelope

$1,836.7 / $1,958Range

Volume / Money Flow

MFI (14)

Money flow is strong

58.4Bullish
OBV slope

20-period OBV slope

5.27%Bullish
Volume ratio

Relative to 20-period average volume

1.03xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,066Range
Support

Nearest Downside Decision Level

$1,759.2Range

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