US stock / ETF

MercadoLibre, Inc.

MELI · NASDAQ · USD

12 hoursBullish91%
12h Upside probability 91%Bullish

MELI 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $1,771.4 and reclaim $1,926.

Invalidation Trigger

Lose $1,771.4 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 68.6, MACD 4.873

12h
Volatility EnvironmentRange
Low volatility

ATR is $29.92 (1.58%)

12h

EMA Structure

Bullish
EMA 8$1,877.8Bullish
EMA 21$1,851.8Bullish
EMA 50$1,809.5Bullish

Signals

CategoryReadStrength
Momentum
RSI 68.6 · MACD 4.873

Momentum is strong

Strength
Bullish
Volatility
ATR $29.92 · BB 7.64%

Low volatility

Strength
Range
Volume
MFI 83.6 · OBV 27.36%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$1,771.4 - $1,926

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3% · 1.9 ATR above latest close

$1,955.9
Nearest resistance

+1.42% · 0.9 ATR above · 34-bar high

$1,926
Current price

Price shown is delayed

$1,899
Nearest support

-6.72% · 4.3 ATR below · 34-bar low

$1,771.4
Deeper support zone

-8.29% · 5.3 ATR below latest close

$1,741.5
ATR zone

Latest close ± ATR14

$1,869.1 - $1,928.9

Indicators

Trend

Dow Theory Structure

Confirmation $1,900, invalidation $1,831.1

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

Trend strength is active

26.7 / 44.6 / 12.1Bullish
Supertrend (10,3)

Price is above Supertrend

$1,802.6Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,863.6 / $1,763Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Volatility

ATR (14)

Low volatility

$29.92 (1.58%)Range
Bollinger Bands (20,2)

Width 7.64%

91%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,919 / $1,787.7Range
ATR channel lower / upper

Current Volatility Envelope

$1,869.1 / $1,928.9Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,926Range
Support

Nearest Downside Decision Level

$1,771.4Range

Momentum

RSI (14)

Momentum is strong

68.6Bullish
MACD (12,26,9)

Histogram is positive

4.873Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

78.6 / 85.6Bearish
Williams %R (14)

Neutral zone

-21.4Range
CCI (20)

Strong expansion

130.4Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

83.6Bullish
OBV slope

20-period OBV slope

27.36%Bullish
Volume ratio

Relative to 20-period average volume

2.80xBullish

Trend

Dow Theory Structure

Confirmation $1,900, invalidation $1,831.1

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

Trend strength is active

26.7 / 44.6 / 12.1Bullish
Supertrend (10,3)

Price is above Supertrend

$1,802.6Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,863.6 / $1,763Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Momentum

RSI (14)

Momentum is strong

68.6Bullish
MACD (12,26,9)

Histogram is positive

4.873Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

78.6 / 85.6Bearish
Williams %R (14)

Neutral zone

-21.4Range
CCI (20)

Strong expansion

130.4Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volatility

ATR (14)

Low volatility

$29.92 (1.58%)Range
Bollinger Bands (20,2)

Width 7.64%

91%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,919 / $1,787.7Range
ATR channel lower / upper

Current Volatility Envelope

$1,869.1 / $1,928.9Range

Volume / Money Flow

MFI (14)

Money flow is strong

83.6Bullish
OBV slope

20-period OBV slope

27.36%Bullish
Volume ratio

Relative to 20-period average volume

2.80xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,926Range
Support

Nearest Downside Decision Level

$1,771.4Range

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