US stock / ETF

MercadoLibre, Inc.

MELI · NASDAQ · USD

1 dayBearish92%
Daily Downside probability 92%Bearish

MELI 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $1,624.9 and stabilize above resistance $1,916.

Invalidation Trigger

Break above $1,916 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 32.4, MACD -16.857

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $67.44 (4.57%)

Daily

EMA Structure

Bearish
EMA 8$1,528.3Bearish
EMA 21$1,624.9Bearish
EMA 50$1,718.2Bearish

Signals

CategoryReadStrength
Momentum
RSI 32.4 · MACD -16.857

Momentum is weak

Strength
Bearish
Volatility
ATR $67.44 · BB 32.06%

Medium volatility

Strength
Range
Volume
MFI 32.8 · OBV -25.87%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$1,465.1 - $1,916

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+34.46% · 7.5 ATR above latest close

$1,983.4
Nearest resistance

+29.89% · 6.5 ATR above · 34-bar high

$1,916
Current price

Price shown is delayed

$1,475.1
Nearest support

-0.68% · 0.1 ATR below · 34-bar low

$1,465.1
Deeper support zone

-5.25% · 1.1 ATR below latest close

$1,397.6
ATR zone

Latest close ± ATR14

$1,407.6 - $1,542.5

Indicators

Trend

Dow Theory Structure

Confirmation $1,465.1, invalidation $1,768

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

Trend strength is active

37.4 / 22.0 / 36.0Bearish
Supertrend (10,3)

Price is above Supertrend

$1,276.4Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,653.5 / $1,765.5Bearish
Donchian Channel (20)

20-period breakout channel position

2%Bearish

Volatility

ATR (14)

Medium volatility

$67.44 (4.57%)Range
Bollinger Bands (20,2)

Width 32.06%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,758.9 / $1,479.7Range
ATR channel lower / upper

Current Volatility Envelope

$1,407.6 / $1,542.5Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,916Range
Support

Nearest Downside Decision Level

$1,465.1Range

Momentum

RSI (14)

Momentum is weak

32.4Bearish
MACD (12,26,9)

Histogram is negative

-16.857Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

3.3 / 6.8Bearish
Williams %R (14)

Oversold zone

-96.7Bullish
CCI (20)

Weak expansion

-102.8Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

32.8Bearish
OBV slope

20-period OBV slope

-25.87%Bearish
Volume ratio

Relative to 20-period average volume

1.00xRange

Trend

Dow Theory Structure

Confirmation $1,465.1, invalidation $1,768

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

Trend strength is active

37.4 / 22.0 / 36.0Bearish
Supertrend (10,3)

Price is above Supertrend

$1,276.4Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,653.5 / $1,765.5Bearish
Donchian Channel (20)

20-period breakout channel position

2%Bearish

Momentum

RSI (14)

Momentum is weak

32.4Bearish
MACD (12,26,9)

Histogram is negative

-16.857Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

3.3 / 6.8Bearish
Williams %R (14)

Oversold zone

-96.7Bullish
CCI (20)

Weak expansion

-102.8Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Medium volatility

$67.44 (4.57%)Range
Bollinger Bands (20,2)

Width 32.06%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,758.9 / $1,479.7Range
ATR channel lower / upper

Current Volatility Envelope

$1,407.6 / $1,542.5Range

Volume / Money Flow

MFI (14)

Money flow is weak

32.8Bearish
OBV slope

20-period OBV slope

-25.87%Bearish
Volume ratio

Relative to 20-period average volume

1.00xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,916Range
Support

Nearest Downside Decision Level

$1,465.1Range

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