US stock / ETF

MercadoLibre, Inc.

MELI · NASDAQ · USD

1 dayBullish66%
Daily Upside probability 66%Bullish

MELI 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Hold above $1,668.4 and reclaim $1,951.3.

Invalidation Trigger

Lose $1,668.4 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 47.4, MACD 1.129

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $45.84 (2.52%)

Daily

EMA Structure

Range
EMA 8$1,839.4Bearish
EMA 21$1,836Bearish
EMA 50$1,836.1Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.4 · MACD 1.129

Neutral zone

Strength
Bearish
Volatility
ATR $45.84 · BB 14.88%

Medium volatility

Strength
Range
Volume
MFI 59.5 · OBV 11.01%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$1,668.4 - $1,951.3

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+9.85% · 3.9 ATR above latest close

$1,997.1
Nearest resistance

+7.33% · 2.9 ATR above · 34-bar high

$1,951.3
Current price

Price shown is delayed

$1,818.1
Nearest support

-8.23% · 3.3 ATR below · 34-bar low

$1,668.4
Deeper support zone

-10.75% · 4.3 ATR below latest close

$1,622.6
ATR zone

Latest close ± ATR14

$1,772.2 - $1,863.9

Indicators

Trend

Dow Theory Structure

Confirmation $1,892.1, invalidation $1,810.3

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

Trend strength is active

29.6 / 24.0 / 20.7Bullish
Supertrend (10,3)

Price is above Supertrend

$1,669.4Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,820.4 / $1,867.2Bearish
Donchian Channel (20)

20-period breakout channel position

60%Range

Volatility

ATR (14)

Medium volatility

$45.84 (2.52%)Range
Bollinger Bands (20,2)

Width 14.88%

50%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,928.8 / $1,743.3Range
ATR channel lower / upper

Current Volatility Envelope

$1,772.2 / $1,863.9Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,951.3Range
Support

Nearest Downside Decision Level

$1,668.4Range

Momentum

RSI (14)

Neutral zone

47.4Range
MACD (12,26,9)

Histogram is positive

1.129Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.9 / 44.3Bearish
Williams %R (14)

Neutral zone

-79.1Range
CCI (20)

Balanced zone

-4.8Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

59.5Bullish
OBV slope

20-period OBV slope

11.01%Bullish
Volume ratio

Relative to 20-period average volume

0.40xBearish

Trend

Dow Theory Structure

Confirmation $1,892.1, invalidation $1,810.3

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

Trend strength is active

29.6 / 24.0 / 20.7Bullish
Supertrend (10,3)

Price is above Supertrend

$1,669.4Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,820.4 / $1,867.2Bearish
Donchian Channel (20)

20-period breakout channel position

60%Range

Momentum

RSI (14)

Neutral zone

47.4Range
MACD (12,26,9)

Histogram is positive

1.129Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.9 / 44.3Bearish
Williams %R (14)

Neutral zone

-79.1Range
CCI (20)

Balanced zone

-4.8Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Medium volatility

$45.84 (2.52%)Range
Bollinger Bands (20,2)

Width 14.88%

50%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,928.8 / $1,743.3Range
ATR channel lower / upper

Current Volatility Envelope

$1,772.2 / $1,863.9Range

Volume / Money Flow

MFI (14)

Money flow is strong

59.5Bullish
OBV slope

20-period OBV slope

11.01%Bullish
Volume ratio

Relative to 20-period average volume

0.40xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,951.3Range
Support

Nearest Downside Decision Level

$1,668.4Range

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