US stock / ETF

MercadoLibre, Inc.

MELI · NASDAQ · USD

12 hoursBearish92%
12h Downside probability 92%Bearish

MELI 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $1,754.6 and stabilize above resistance $1,937.6.

Invalidation Trigger

Break above $1,937.6 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 30.9, MACD -1.432

12h
Volatility EnvironmentRange
Low volatility

ATR is $29.2 (1.72%)

12h

EMA Structure

Bearish
EMA 8$1,713.7Bearish
EMA 21$1,754.6Bearish
EMA 50$1,809.7Bearish

Signals

CategoryReadStrength
Momentum
RSI 30.9 · MACD -1.432

Momentum is weak

Strength
Bearish
Volatility
ATR $29.2 · BB 10.63%

Low volatility

Strength
Range
Volume
MFI 19.7 · OBV 19.63%

Relative to 20-period average volume

Strength
Range
Price Levels
$1,672.2 - $1,937.6

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+15.76% · 9.2 ATR above latest close

$1,966.7
Nearest resistance

+14.04% · 8.2 ATR above · 34-bar high

$1,937.6
Current price

Price shown is delayed

$1,699
Nearest support

-1.58% · 0.9 ATR below · 34-bar low

$1,672.2
Deeper support zone

-3.3% · 1.9 ATR below latest close

$1,643
ATR zone

Latest close ± ATR14

$1,669.8 - $1,728.2

Indicators

Trend

Dow Theory Structure

Confirmation $1,672.2, invalidation $1,739.9

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

Trend strength is active

76.1 / 5.4 / 48.6Bearish
Supertrend (10,3)

Price is above Supertrend

$1,615.1Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,738.3 / $1,866Bearish
Donchian Channel (20)

20-period breakout channel position

16%Bearish

Volatility

ATR (14)

Low volatility

$29.2 (1.72%)Range
Bollinger Bands (20,2)

Width 10.63%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,803.6 / $1,699.8Range
ATR channel lower / upper

Current Volatility Envelope

$1,669.8 / $1,728.2Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,937.6Range
Support

Nearest Downside Decision Level

$1,672.2Range

Momentum

RSI (14)

Momentum is weak

30.9Bearish
MACD (12,26,9)

Histogram is negative

-1.432Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.5 / 14.2Bullish
Williams %R (14)

Neutral zone

-79.5Range
CCI (20)

Balanced zone

-98.0Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

19.7Bearish
OBV slope

20-period OBV slope

19.63%Bullish
Volume ratio

Relative to 20-period average volume

1.22xBullish

Trend

Dow Theory Structure

Confirmation $1,672.2, invalidation $1,739.9

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

Trend strength is active

76.1 / 5.4 / 48.6Bearish
Supertrend (10,3)

Price is above Supertrend

$1,615.1Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,738.3 / $1,866Bearish
Donchian Channel (20)

20-period breakout channel position

16%Bearish

Momentum

RSI (14)

Momentum is weak

30.9Bearish
MACD (12,26,9)

Histogram is negative

-1.432Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

20.5 / 14.2Bullish
Williams %R (14)

Neutral zone

-79.5Range
CCI (20)

Balanced zone

-98.0Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$29.2 (1.72%)Range
Bollinger Bands (20,2)

Width 10.63%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,803.6 / $1,699.8Range
ATR channel lower / upper

Current Volatility Envelope

$1,669.8 / $1,728.2Range

Volume / Money Flow

MFI (14)

Money flow is weak

19.7Bearish
OBV slope

20-period OBV slope

19.63%Bullish
Volume ratio

Relative to 20-period average volume

1.22xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,937.6Range
Support

Nearest Downside Decision Level

$1,672.2Range

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