US stock / ETF

MercadoLibre, Inc.

MELI · NASDAQ · USD

12 hoursBearish76%
12h Downside probability 76%Bearish

MELI 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

12h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $1,837.6 and stabilize above resistance $1,923.5.

Invalidation Trigger

Break above $1,923.5 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 43.2, MACD -6.827

12h
Volatility EnvironmentRange
Low volatility

ATR is $30.71 (1.7%)

12h

EMA Structure

Range
EMA 8$1,830.1Bearish
EMA 21$1,837.6Bearish
EMA 50$1,836.7Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.2 · MACD -6.827

Momentum is weak

Strength
Bearish
Volatility
ATR $30.71 · BB 5.73%

Low volatility

Strength
Range
Volume
MFI 29.6 · OBV -24.92%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$1,672.2 - $1,923.5

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+7.96% · 4.7 ATR above latest close

$1,954.2
Nearest resistance

+6.26% · 3.7 ATR above · 34-bar high

$1,923.5
Current price

Price shown is delayed

$1,810.2
Nearest support

-7.62% · 4.5 ATR below · 34-bar low

$1,672.2
Deeper support zone

-9.32% · 5.5 ATR below latest close

$1,641.5
ATR zone

Latest close ± ATR14

$1,779.4 - $1,840.9

Indicators

Trend

Dow Theory Structure

Confirmation $1,884.9, invalidation $1,810.3

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

Trend strength is active

24.1 / 18.3 / 35.5Bearish
Supertrend (10,3)

Price is above Supertrend

$1,729Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,848.2 / $1,797.8Bearish
Donchian Channel (20)

20-period breakout channel position

14%Range

Volatility

ATR (14)

Low volatility

$30.71 (1.7%)Range
Bollinger Bands (20,2)

Width 5.73%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,890.6 / $1,784.7Range
ATR channel lower / upper

Current Volatility Envelope

$1,779.4 / $1,840.9Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,923.5Range
Support

Nearest Downside Decision Level

$1,672.2Range

Momentum

RSI (14)

Momentum is weak

43.2Bearish
MACD (12,26,9)

Histogram is negative

-6.827Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.4 / 15.0Bullish
Williams %R (14)

Oversold zone

-80.6Bullish
CCI (20)

Weak expansion

-128.5Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

29.6Bearish
OBV slope

20-period OBV slope

-24.92%Bearish
Volume ratio

Relative to 20-period average volume

2.18xBullish

Trend

Dow Theory Structure

Confirmation $1,884.9, invalidation $1,810.3

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

Trend strength is active

24.1 / 18.3 / 35.5Bearish
Supertrend (10,3)

Price is above Supertrend

$1,729Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,848.2 / $1,797.8Bearish
Donchian Channel (20)

20-period breakout channel position

14%Range

Momentum

RSI (14)

Momentum is weak

43.2Bearish
MACD (12,26,9)

Histogram is negative

-6.827Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.4 / 15.0Bullish
Williams %R (14)

Oversold zone

-80.6Bullish
CCI (20)

Weak expansion

-128.5Bearish
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Low volatility

$30.71 (1.7%)Range
Bollinger Bands (20,2)

Width 5.73%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,890.6 / $1,784.7Range
ATR channel lower / upper

Current Volatility Envelope

$1,779.4 / $1,840.9Range

Volume / Money Flow

MFI (14)

Money flow is weak

29.6Bearish
OBV slope

20-period OBV slope

-24.92%Bearish
Volume ratio

Relative to 20-period average volume

2.18xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,923.5Range
Support

Nearest Downside Decision Level

$1,672.2Range

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