US stock / ETF

MercadoLibre, Inc.

MELI · NASDAQ · USD

1 dayBearish89%
Daily Downside probability 89%Bearish

MELI 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $1,784.5 and stabilize above resistance $2,066.

Invalidation Trigger

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

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 34.6, MACD -12.301

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $45.17 (2.66%)

Daily

EMA Structure

Bearish
EMA 8$1,724.2Bearish
EMA 21$1,784.5Bearish
EMA 50$1,818.1Bearish

Signals

CategoryReadStrength
Momentum
RSI 34.6 · MACD -12.301

Momentum is weak

Strength
Bearish
Volatility
ATR $45.17 · BB 16.93%

Medium volatility

Strength
Range
Volume
MFI 20.6 · OBV -23.24%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$1,668.4 - $2,066

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+24.44% · 9.2 ATR above latest close

$2,111.2
Nearest resistance

+21.78% · 8.2 ATR above · 34-bar high

$2,066
Current price

Price shown is delayed

$1,696.6
Nearest support

-1.66% · 0.6 ATR below · 34-bar low

$1,668.4
Deeper support zone

-4.32% · 1.6 ATR below latest close

$1,623.3
ATR zone

Latest close ± ATR14

$1,651.4 - $1,741.7

Indicators

Trend

Dow Theory Structure

Confirmation $1,668.4, invalidation $1,739.9

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

47.5 / 8.1 / 26.9Bearish
Supertrend (10,3)

Price is above Supertrend

$1,555.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,809.7 / $1,867.2Bearish
Donchian Channel (20)

20-period breakout channel position

10%Bearish

Volatility

ATR (14)

Medium volatility

$45.17 (2.66%)Range
Bollinger Bands (20,2)

Width 16.93%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,873.7 / $1,688.8Range
ATR channel lower / upper

Current Volatility Envelope

$1,651.4 / $1,741.7Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,066Range
Support

Nearest Downside Decision Level

$1,668.4Range

Momentum

RSI (14)

Momentum is weak

34.6Bearish
MACD (12,26,9)

Histogram is negative

-12.301Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

15.2 / 12.0Bullish
Williams %R (14)

Oversold zone

-84.8Bullish
CCI (20)

Weak expansion

-106.4Bearish
TD Sequential

Exhaustion setup is near completion

buy 13Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

20.6Bearish
OBV slope

20-period OBV slope

-23.24%Bearish
Volume ratio

Relative to 20-period average volume

0.74xBearish

Trend

Dow Theory Structure

Confirmation $1,668.4, invalidation $1,739.9

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

47.5 / 8.1 / 26.9Bearish
Supertrend (10,3)

Price is above Supertrend

$1,555.5Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,809.7 / $1,867.2Bearish
Donchian Channel (20)

20-period breakout channel position

10%Bearish

Momentum

RSI (14)

Momentum is weak

34.6Bearish
MACD (12,26,9)

Histogram is negative

-12.301Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

15.2 / 12.0Bullish
Williams %R (14)

Oversold zone

-84.8Bullish
CCI (20)

Weak expansion

-106.4Bearish
TD Sequential

Exhaustion setup is near completion

buy 13Bullish

Volatility

ATR (14)

Medium volatility

$45.17 (2.66%)Range
Bollinger Bands (20,2)

Width 16.93%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,873.7 / $1,688.8Range
ATR channel lower / upper

Current Volatility Envelope

$1,651.4 / $1,741.7Range

Volume / Money Flow

MFI (14)

Money flow is weak

20.6Bearish
OBV slope

20-period OBV slope

-23.24%Bearish
Volume ratio

Relative to 20-period average volume

0.74xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,066Range
Support

Nearest Downside Decision Level

$1,668.4Range

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