US stock / ETF

MercadoLibre, Inc.

MELI · NASDAQ · USD

12 hoursBearish92%
12h Downside probability 92%Bearish

MELI 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $1,929.3 and stabilize above resistance $2,059.8.

Invalidation Trigger

Break above $2,059.8 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 44.0, MACD -11.013

12h
Volatility EnvironmentRange
Low volatility

ATR is $36.51 (1.92%)

12h

EMA Structure

Range
EMA 8$1,914.6Bearish
EMA 21$1,929.3Bearish
EMA 50$1,910.1Bearish

Signals

CategoryReadStrength
Momentum
RSI 44.0 · MACD -11.013

Momentum is weak

Strength
Bearish
Volatility
ATR $36.51 · BB 7.99%

Low volatility

Strength
Range
Volume
MFI 45.1 · OBV -34.53%

Relative to 20-period average volume

Strength
Range
Price Levels
$1,771 - $2,059.8

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+10.49% · 5.5 ATR above latest close

$2,096.3
Nearest resistance

+8.56% · 4.5 ATR above · 34-bar high

$2,059.8
Current price

Price shown is delayed

$1,897.4
Nearest support

-6.66% · 3.5 ATR below · 34-bar low

$1,771
Deeper support zone

-8.58% · 4.5 ATR below latest close

$1,734.5
ATR zone

Latest close ± ATR14

$1,860.9 - $1,933.9

Indicators

Trend

Dow Theory Structure

Confirmation $1,840, invalidation $1,937.6

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

Trend strength is moderate

7.7 / 28.9 / 30.5Bearish
Supertrend (10,3)

Price is above Supertrend

$1,806.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,935 / $1,909.5Bearish
Donchian Channel (20)

20-period breakout channel position

26%Range

Volatility

ATR (14)

Low volatility

$36.51 (1.92%)Range
Bollinger Bands (20,2)

Width 7.99%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$2,000.6 / $1,858Range
ATR channel lower / upper

Current Volatility Envelope

$1,860.9 / $1,933.9Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,059.8Range
Support

Nearest Downside Decision Level

$1,771Range

Momentum

RSI (14)

Momentum is weak

44.0Bearish
MACD (12,26,9)

Histogram is negative

-11.013Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.1 / 29.8Bearish
Williams %R (14)

Neutral zone

-73.9Range
CCI (20)

Balanced zone

-78.1Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

45.1Range
OBV slope

20-period OBV slope

-34.53%Bearish
Volume ratio

Relative to 20-period average volume

1.94xBullish

Trend

Dow Theory Structure

Confirmation $1,840, invalidation $1,937.6

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

Trend strength is moderate

7.7 / 28.9 / 30.5Bearish
Supertrend (10,3)

Price is above Supertrend

$1,806.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,935 / $1,909.5Bearish
Donchian Channel (20)

20-period breakout channel position

26%Range

Momentum

RSI (14)

Momentum is weak

44.0Bearish
MACD (12,26,9)

Histogram is negative

-11.013Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

26.1 / 29.8Bearish
Williams %R (14)

Neutral zone

-73.9Range
CCI (20)

Balanced zone

-78.1Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$36.51 (1.92%)Range
Bollinger Bands (20,2)

Width 7.99%

20%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$2,000.6 / $1,858Range
ATR channel lower / upper

Current Volatility Envelope

$1,860.9 / $1,933.9Range

Volume / Money Flow

MFI (14)

Money flow is neutral

45.1Range
OBV slope

20-period OBV slope

-34.53%Bearish
Volume ratio

Relative to 20-period average volume

1.94xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$2,059.8Range
Support

Nearest Downside Decision Level

$1,771Range

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