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 $1,568.7 and stabilize above resistance $1,884.9.

Invalidation Trigger

Break above $1,884.9 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 32.0, MACD -1.021

12h
Volatility EnvironmentRange
Medium volatility

ATR is $53.84 (3.65%)

12h

EMA Structure

Bearish
EMA 8$1,511.5Bearish
EMA 21$1,568.7Bearish
EMA 50$1,658.5Bearish

Signals

CategoryReadStrength
Momentum
RSI 32.0 · MACD -1.021

Momentum is weak

Strength
Bearish
Volatility
ATR $53.84 · BB 18.41%

Medium volatility

Strength
Range
Volume
MFI 9.7 · OBV -120.60%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$1,465.1 - $1,884.9

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+31.26% · 8.6 ATR above latest close

$1,938.8
Nearest resistance

+27.62% · 7.6 ATR above · 34-bar high

$1,884.9
Current price

Price shown is delayed

$1,477
Nearest support

-0.81% · 0.2 ATR below · 34-bar low

$1,465.1
Deeper support zone

-4.45% · 1.2 ATR below latest close

$1,411.2
ATR zone

Latest close ± ATR14

$1,423.2 - $1,530.9

Indicators

Trend

Dow Theory Structure

Confirmation $1,465.1, invalidation $1,544

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

Trend strength is active

60.3 / 3.9 / 47.5Bearish
Supertrend (10,3)

Price is above Supertrend

$1,392.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,560.5 / $1,694.3Bearish
Donchian Channel (20)

20-period breakout channel position

4%Bearish

Volatility

ATR (14)

Medium volatility

$53.84 (3.65%)Range
Bollinger Bands (20,2)

Width 18.41%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,631.2 / $1,497.8Range
ATR channel lower / upper

Current Volatility Envelope

$1,423.2 / $1,530.9Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,884.9Range
Support

Nearest Downside Decision Level

$1,465.1Range

Momentum

RSI (14)

Momentum is weak

32.0Bearish
MACD (12,26,9)

Histogram is negative

-1.021Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

3.9 / 9.5Bearish
Williams %R (14)

Oversold zone

-96.1Bullish
CCI (20)

Balanced zone

-85.0Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

9.7Bearish
OBV slope

20-period OBV slope

-120.60%Bearish
Volume ratio

Relative to 20-period average volume

1.42xBullish

Trend

Dow Theory Structure

Confirmation $1,465.1, invalidation $1,544

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

Trend strength is active

60.3 / 3.9 / 47.5Bearish
Supertrend (10,3)

Price is above Supertrend

$1,392.2Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,560.5 / $1,694.3Bearish
Donchian Channel (20)

20-period breakout channel position

4%Bearish

Momentum

RSI (14)

Momentum is weak

32.0Bearish
MACD (12,26,9)

Histogram is negative

-1.021Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

3.9 / 9.5Bearish
Williams %R (14)

Oversold zone

-96.1Bullish
CCI (20)

Balanced zone

-85.0Range
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Medium volatility

$53.84 (3.65%)Range
Bollinger Bands (20,2)

Width 18.41%

17%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,631.2 / $1,497.8Range
ATR channel lower / upper

Current Volatility Envelope

$1,423.2 / $1,530.9Range

Volume / Money Flow

MFI (14)

Money flow is weak

9.7Bearish
OBV slope

20-period OBV slope

-120.60%Bearish
Volume ratio

Relative to 20-period average volume

1.42xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,884.9Range
Support

Nearest Downside Decision Level

$1,465.1Range

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