US stock / ETF

MercadoLibre, Inc.

MELI · NASDAQ · USD

1 hourBearish72%
1h Downside probability 72%Bearish

MELI 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $1,491.9 and stabilize above resistance $1,520.

Invalidation Trigger

Break above $1,520 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 39.3, MACD -2.043

1h
Volatility EnvironmentBullish
Low volatility

ATR is $10.52 (0.71%)

1h

EMA Structure

Bearish
EMA 8$1,483.2Bearish
EMA 21$1,491.9Bearish
EMA 50$1,505.5Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.3 · MACD -2.043

Momentum is weak

Strength
Bearish
Volatility
ATR $10.52 · BB 3.29%

Low volatility

Strength
Bullish
Volume
MFI 54.1 · OBV 8.44%

Relative to 20-period average volume

Strength
Range
Price Levels
$1,465.1 - $1,520

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+3.62% · 5.1 ATR above latest close

$1,530.5
Nearest resistance

+2.91% · 4.1 ATR above · 34-bar high

$1,520
Current price

Price shown is delayed

$1,477
Nearest support

-0.81% · 1.1 ATR below · 34-bar low

$1,465.1
Deeper support zone

-1.52% · 2.1 ATR below latest close

$1,454.5
ATR zone

Latest close ± ATR14

$1,466.5 - $1,487.5

Indicators

Trend

Dow Theory Structure

Confirmation $1,513.6, invalidation $1,476

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

Trend strength is active

35.9 / 10.8 / 35.6Bearish
Supertrend (10,3)

Price is above Supertrend

$1,442.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,490 / $1,503Bearish
Donchian Channel (20)

20-period breakout channel position

10%Bearish

Volatility

ATR (14)

Low volatility

$10.52 (0.71%)Bullish
Bollinger Bands (20,2)

Width 3.29%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,514.2 / $1,468.6Bullish
ATR channel lower / upper

Current Volatility Envelope

$1,466.5 / $1,487.5Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,520Range
Support

Nearest Downside Decision Level

$1,465.1Range

Momentum

RSI (14)

Momentum is weak

39.3Bearish
MACD (12,26,9)

Histogram is negative

-2.043Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.7 / 5.0Bullish
Williams %R (14)

Oversold zone

-90.3Bullish
CCI (20)

Weak expansion

-127.8Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.1Range
OBV slope

20-period OBV slope

8.44%Bullish
Volume ratio

Relative to 20-period average volume

4.52xBullish

Trend

Dow Theory Structure

Confirmation $1,513.6, invalidation $1,476

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

Trend strength is active

35.9 / 10.8 / 35.6Bearish
Supertrend (10,3)

Price is above Supertrend

$1,442.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$1,490 / $1,503Bearish
Donchian Channel (20)

20-period breakout channel position

10%Bearish

Momentum

RSI (14)

Momentum is weak

39.3Bearish
MACD (12,26,9)

Histogram is negative

-2.043Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

9.7 / 5.0Bullish
Williams %R (14)

Oversold zone

-90.3Bullish
CCI (20)

Weak expansion

-127.8Bearish
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$10.52 (0.71%)Bullish
Bollinger Bands (20,2)

Width 3.29%

13%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$1,514.2 / $1,468.6Bullish
ATR channel lower / upper

Current Volatility Envelope

$1,466.5 / $1,487.5Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.1Range
OBV slope

20-period OBV slope

8.44%Bullish
Volume ratio

Relative to 20-period average volume

4.52xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$1,520Range
Support

Nearest Downside Decision Level

$1,465.1Range

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