US stock / ETF

MercadoLibre, Inc.

MELI · NASDAQ · USD

12 hoursBullish61%
12h Upside probability 61%Bullish

MELI 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $1,495.7 and reclaim $1,888.5.

Invalidation Trigger

Lose $1,495.7 and MACD turns lower again.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 52.2, MACD 4.085

12h
Volatility EnvironmentRange
Medium volatility

ATR is $61.24 (3.67%)

12h

EMA Structure

Bearish
EMA 8$1,626.8Bullish
EMA 21$1,639.1Bullish
EMA 50$1,683.7Bearish

Signals

CategoryReadStrength
Momentum
RSI 52.2 · MACD 4.085

Neutral zone

Strength
Bullish
Volatility
ATR $61.24 · BB 10.11%

Medium volatility

Strength
Range
Volume
MFI 51.3 · OBV -6.38%

Relative to 20-period average volume

Strength
Range
Price Levels
$1,495.7 - $1,888.5

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+16.95% · 4.6 ATR above latest close

$1,949.7
Nearest resistance

+13.27% · 3.6 ATR above · 34-bar high

$1,888.5
Current price

Price shown is delayed

$1,667.2
Nearest support

-10.29% · 2.8 ATR below · 34-bar low

$1,495.7
Deeper support zone

-13.96% · 3.8 ATR below latest close

$1,434.4
ATR zone

Latest close ± ATR14

$1,606 - $1,728.4

Indicators

Trend

Dow Theory Structure

Confirmation $1,710.2, invalidation $1,546.9

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

16.4 / 25.7 / 19.4Bullish
Supertrend (10,3)

Price is above Supertrend

$1,443.6Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,630.5 / $1,698.9Bearish
Donchian Channel (20)

20-period breakout channel position

65%Range

Volatility

ATR (14)

Medium volatility

$61.24 (3.67%)Range
Bollinger Bands (20,2)

Width 10.11%

65%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,764.3 / $1,511.1Range
ATR channel lower / upper

Current Volatility Envelope

$1,606 / $1,728.4Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,888.5Range
Support

Nearest Downside Decision Level

$1,495.7Range

Momentum

RSI (14)

Neutral zone

52.2Range
MACD (12,26,9)

Histogram is positive

4.085Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

73.7 / 39.8Bullish
Williams %R (14)

Neutral zone

-26.3Range
CCI (20)

Balanced zone

2.6Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

51.3Range
OBV slope

20-period OBV slope

-6.38%Bearish
Volume ratio

Relative to 20-period average volume

0.62xBearish

Trend

Dow Theory Structure

Confirmation $1,710.2, invalidation $1,546.9

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

16.4 / 25.7 / 19.4Bullish
Supertrend (10,3)

Price is above Supertrend

$1,443.6Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,630.5 / $1,698.9Bearish
Donchian Channel (20)

20-period breakout channel position

65%Range

Momentum

RSI (14)

Neutral zone

52.2Range
MACD (12,26,9)

Histogram is positive

4.085Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

73.7 / 39.8Bullish
Williams %R (14)

Neutral zone

-26.3Range
CCI (20)

Balanced zone

2.6Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$61.24 (3.67%)Range
Bollinger Bands (20,2)

Width 10.11%

65%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$1,764.3 / $1,511.1Range
ATR channel lower / upper

Current Volatility Envelope

$1,606 / $1,728.4Range

Volume / Money Flow

MFI (14)

Money flow is neutral

51.3Range
OBV slope

20-period OBV slope

-6.38%Bearish
Volume ratio

Relative to 20-period average volume

0.62xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,888.5Range
Support

Nearest Downside Decision Level

$1,495.7Range

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