US stock / ETF

MercadoLibre, Inc.

MELI · NASDAQ · USD

12 hoursBullish92%
12h Upside probability 92%Bullish

MELI 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

12h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $1,565 and reclaim $1,897.3.

Invalidation Trigger

Lose $1,565 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 74.1, MACD 3.432

12h
Volatility EnvironmentRange
Low volatility

ATR is $35.31 (1.89%)

12h

EMA Structure

Bullish
EMA 8$1,840.8Bullish
EMA 21$1,791.2Bullish
EMA 50$1,733.2Bullish

Signals

CategoryReadStrength
Momentum
RSI 74.1 · MACD 3.432

Momentum is strong

Strength
Bullish
Volatility
ATR $35.31 · BB 11.88%

Low volatility

Strength
Range
Volume
MFI 65.8 · OBV 22.12%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$1,565 - $1,897.3

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.35% · 1.8 ATR above latest close

$1,932.6
Nearest resistance

+1.46% · 0.8 ATR above · 34-bar high

$1,897.3
Current price

Price shown is delayed

$1,870
Nearest support

-16.31% · 8.6 ATR below · 34-bar low

$1,565
Deeper support zone

-18.2% · 9.6 ATR below latest close

$1,529.7
ATR zone

Latest close ± ATR14

$1,834.7 - $1,905.3

Indicators

Trend

Dow Theory Structure

Confirmation $1,897.3, invalidation $1,760.9

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

48.3 / 35.3 / 17.1Bullish
Supertrend (10,3)

Price is above Supertrend

$1,754.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,788.9 / $1,721.6Bullish
Donchian Channel (20)

20-period breakout channel position

89%Bullish

Volatility

ATR (14)

Low volatility

$35.31 (1.89%)Range
Bollinger Bands (20,2)

Width 11.88%

86%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,865.9 / $1,723.2Range
ATR channel lower / upper

Current Volatility Envelope

$1,834.7 / $1,905.3Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,897.3Range
Support

Nearest Downside Decision Level

$1,565Range

Momentum

RSI (14)

Momentum is strong

74.1Bullish
MACD (12,26,9)

Histogram is positive

3.432Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

80.0 / 74.1Bullish
Williams %R (14)

Overbought zone

-20.0Bearish
CCI (20)

Strong expansion

111.7Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

65.8Bullish
OBV slope

20-period OBV slope

22.12%Bullish
Volume ratio

Relative to 20-period average volume

1.53xBullish

Trend

Dow Theory Structure

Confirmation $1,897.3, invalidation $1,760.9

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

48.3 / 35.3 / 17.1Bullish
Supertrend (10,3)

Price is above Supertrend

$1,754.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,788.9 / $1,721.6Bullish
Donchian Channel (20)

20-period breakout channel position

89%Bullish

Momentum

RSI (14)

Momentum is strong

74.1Bullish
MACD (12,26,9)

Histogram is positive

3.432Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

80.0 / 74.1Bullish
Williams %R (14)

Overbought zone

-20.0Bearish
CCI (20)

Strong expansion

111.7Bullish
TD Sequential

Setup is not extreme

sell 6Bearish

Volatility

ATR (14)

Low volatility

$35.31 (1.89%)Range
Bollinger Bands (20,2)

Width 11.88%

86%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,865.9 / $1,723.2Range
ATR channel lower / upper

Current Volatility Envelope

$1,834.7 / $1,905.3Range

Volume / Money Flow

MFI (14)

Money flow is strong

65.8Bullish
OBV slope

20-period OBV slope

22.12%Bullish
Volume ratio

Relative to 20-period average volume

1.53xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,897.3Range
Support

Nearest Downside Decision Level

$1,565Range

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